Santander UK plc - Notice to Holders of Early Redemption

16 December 2014

SANTANDER UK PLC 
(the "Issuer")

NOTICE TO HOLDERS OF EARLY REDEMPTION

Yen 15,000,000,000 5.56 per cent. Undated Subordinated Notes, 
ISIN: XS0053134499
(the "Notes")

NOTICE IS HEREBY GIVEN to the holders of the above-mentioned Notes that, in accordance with Condition 5(b) (Optional Redemption or Exchange) thereof, the Issuer intends to redeem the Notes in full on the Interest Payment Date falling on 31 January 2015 (the "Redemption Date"), having obtained the consent of the Prudential Regulation Authority for such redemption. The Issuer will also request the cancellation of the listing of such Notes on the Official List of the United Kingdom Listing Authority with effect on and from the Redemption Date.

- ENDS -

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Santander UK plc. Registered Office: 2 Triton Square, Regent's Place, London, NW1 3AN, United Kingdom. Registered Number 2294747. Registered in England and Wales. www.santander.co.uk. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Our Financial Services Register number is 106054. You can check this on the Financial Services Register by visiting the FCA’s website www.fca.org.uk/register. Santander and the flame logo are registered trademarks.