News Room

PUBLIC NOTICE

On December 26, 2006, the Section 20ª of the Provincial Court of Appeal of Madrid have notified a ruling dictated the previous day 18, for which is estimated the motion to appeal filed by Barclays Bank, SA., under the judicial direction and economic covering of the Deposit Guarantee Fund for Banking Establishments, against a ruling of the Court of First Instance nº 4 of Madrid, that had quantified in € 26,478,544.08 the compensation to satisfy to Mr. Domingo López Alonso, former President of the Banco de Valladolid, SA, ordering the retraction of the actions up to June 13, 2002.

This resolution, against which it is not possible any ordinary motion, determines the nullity of the payment made to Mr. Domingo López Alonso of the foregoing amount that took place on December 22, 2003; this resolution will be decisive for the pretence of the interests calculated on the preceding amount, assessed in more than € 1,300 million.

The Deposit Guarantee Fund for Banking Establishments has requested the Court of First Instance nº 4 of Madrid that, without prejudice of other complementary actions, to require to Mr. Domingo López Alonso for the immediate refund of the amount unduly perceived.

December 27, 2006