Madrid, 16thMay 2017

PRICE SENSITIVE INFORMATION NOTIFICATION TO THE SPANISH SECURITIES MARKET COMMISSION (CNMV)

Further to information published today in the newspaper "Expansión", Banco Popular Español, S.A. wishes to state that in connection with the strategic alternatives announced publicly at the General Meeting on 10 April 2017, which included a business combination, a number of banks have expressed an interest in exploring a possible operation of this kind with Banco Popular. Some initial information was exchanged with these banks, and a request was issued for a preliminary expression of interest by today, with a possible view to continuing to examine a potential operation. Any information arising from these indications would not be binding, but would enable Banco Popular to continue to analyse its options in more depth.

Banco Popular continues to carry out its plans, negotiating the realisation of non-strategic assets, making preparations to reinforce its capital and equity, and prospectively investigating possible business combinations with other banks. To date no final decision has been taken concerning the range of alternatives.

Specifically, Banco Popular Español, S.A. has not yet undertaken any commitments, it has not received any specific concrete offer, there is no certainty in relation to the possible consideration of offers, and no consideration has been given to the decision that would be taken by the Board of Directors if such an offer were to materialise.

Francisco Aparicio Valls

Director and Secretary to the Board of Directors

Banco Popular Español, S.A. Registered Office: Velázquez 34, esq. Goya 35, Madrid. Madrid Companies Register: Volume 174, Sheet 44, Page 5458, Entry 1,

Banco Popular Español SA published this content on 16 May 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 17 May 2017 07:28:29 UTC.

Public permalinkhttp://www.publicnow.com/view/FA9A70AF5289B9E04353A68BC04AE7B1C4E8A583