Caja Madrid, Bancaja, La Caja de Canarias, Caja of Ávila, Caixa Laietana, Caja Segovia and Caja Rioja The savings banks transfer retail business assets and liabilities to Banco Financiero The savings banks will continue to maintain their naturality as credit institutions, as Banco Financiero y de Ahorros delegates the management of retailer business to them, within their respective territories of influence This agreement forms part of the integration model developed by the Group, to unify the financial and business policies of the savings banks that constitute the Group, and pool 100% of all profits January 28, 2011.- The Boards of Directors of the savings banks that integrate Banco Financiero y de Ahorros S.A. have approved, within the integration framework, the transference of assets and liabilities of retail business banking to Banco Financiero y de Ahorros. At the same time, the Bank yields the management of their assets and liabilities to the savings banks, therefore maintaining their naturality as credit entities. In this way, clients of the seven savings banks will be able to continue with their regular operations. The respective companies will continue to manage their retail banking activities, under their own brand, and within their territories of influence. The territories in which each of the seven savings banks will manage the corporate retail banking of the Group are distributed as follows: Caja Madrid (Autonomous Community of Madrid and Castile-La Mancha); Bancaja (Valencia and the Balearic Islands); La Caja de Canarias (the Canary Islands); Caja de Ávila (Province of Ávila); Caixa Laietana (Province of Girona and Barcelona, except the Municipality of Barcelona); Caja Segovia (Province of Segovia); and Caja Rioja (Community of La Rioja). Equally, Caja de Ávila will retain responsibility in the management of Salamanca and Caja Segovia of Valladolid. On the other hand, in the municipality of Barcelona, Caja Madrid, Bancaja and Caixa Laietana keep their own trademarks. This integration model will reinforce the solvency of the Group, making the acquired solvency commitment more real and efficient, contributing thus to restoring the investor confidence in markets, and the Spanish economy as a whole. The transfer of assets and liabilities to Banco Financiero y de Ahorros is framed within the integration model developed by the Group, through which the seven savings banks unify their financial and corporate business policies, thus pooling 100% of profits. 1 In this way, the new Group functions as one company, the third largest bank in Spain; with 340,000 million euros in assets, and the leading bank in terms of volume of corporate and retail banking in Spain. The Company has a website, www.bancofinancieroydeahorros.com, where you can access all legal, financial and institutional information, relevant facts, introductions to investors, corporate documentation and the Press Office, along with additional content. 2