RNS Number:0549E
Financial Services Authority
13 October 2004


Re Banco Santander offer


The Financial Services Authority (FSA) is currently considering the proposed
acquisition of Abbey National PLC by Banco Santander Central Hispano. The FSA
has a statutory time limit of three months within which to make a decision on
the proposal and this period has not yet expired.


However, the FSA considers it may be helpful in advance of the Abbey National
Extraordinary General Meeting on 14 October to note that at this stage it sees
no material impediments to working with the relevant parties so that the FSA's
approval can be provided prior to the proposed scheme becoming effective on 12
November




                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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