Remuneration of structured deposits

Characteristics of deposit

Name of deposit	Valor Emergente
Institution	BANCO SANTANDER TOTTA, S.A.
Start date	29-09-2011
Maturity date	29-09-2014
Term	3 years
Underlying market	Shares
Currency	EUR
Document	Depósito Indexado Valor Emergente.pdf

Remuneration of deposit

Rate of return on maturity date
Rate of return	0,985%