MATERIAL DISCLOSURE

Pursuant to article 82 of Law 24/1988 of 28 July on the Securities Market, Bankia, S.A. hereby reports that the Fund for Orderly Bank Restructuring (FROB) has published a press release in which it states that its Governing Committee, in its meeting held on 26 February, has agreed to recognise the authority of the Board of Directors of BFA to sign, if appropriate, an agreement between BFA and Bankia to distribute the contingencies derived from the civil lawsuits related to the Bankia rights issue.
The link to the complete text of the press release is below:
http://www.frob.es/es/Lists/Contenidos/Attachments/405/27_febrero_BFAacuerdoRepartoContingencias.pdf
The above is notified as a material disclosure for all pertinent purposes.
Madrid, 27 February 2015
BANKIA, S.A.

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