Santander UK plc
£300,002,000 Series A Fixed/Floating Rate Non-Cumulative Callable Preference Shares
ISIN: XS0502105454 (the "Preference Shares")

Santander UK plc has purchased in the market value 16 December, 2014 £265,069,000 of the above Preference Shares leaving £34,933,000 in issue.

The purchased Preference Shares will be cancelled. 

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