Remuneration of structured deposits

Characteristics of deposit

Name of deposit	Invest Range Accrual Europa - 2M (Ser. 11/1)
Institution	BANCO INVEST, SA
Start date	20-05-2011
Maturity date	20-07-2011
Term	2 months
Underlying market	Shares
Currency	EUR
Document	Invest Range Accrual Europa 2M (Ser. 111).pdf

Remuneration of deposit

Rate of return on maturity date
Rate of return	2,369%