MATERIAL DISCLOSUREIn compliance with the provisions of Article 82 of Act 24/1988, of 28 July, on
the Securities Market,Bankia, S.A. hereby announces that the ratings agency Fitch Ratings has confirmed the 'A-' rating ofBankia's covered bonds, with a Stable forecast.

This is hereby notified as a material disclosure for all relevant purposes in

Madrid, on 27 May 2015

BANKIA, S.A.
distributed by