Madrid, 27th December 2013

COMISIÓN NACIONAL DEL MERCADO DE VALORES SIGNIFICANT EVENT

Following information sent on 25th November through Relevant Fact number
195.820, Banco Popular Español, S.A. announces that agreements with Värde Partners and Kennedy Wilson for the sale of the Bank's real estate management, comprising both the real estate assets awarded to Banco Popular and specific loans related to land development and real estate building, have been fully signed today.
Total amount of the purchase sums up to 715 million euros, plus an additional
100 million euros as earn-out, depending on the future evolution of the transaction. The sale of this business will generate a profit of 710 million euros for Banco Popular in the present year.
Yours sincerely,
José Heraclio Peña Pérez
Vice Secretary of the Board of Directors

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