MATERIAL DISCLOSURE

Pursuant to article 82 of Law 24/1988 of
28 July on the Securities Market, and further to material
disclosure 202,423 published on 24 March 2014, Bankia, S.A. hereby reports that the sale of 70.2% of
Bancofar, S.A. to Banco Caminos, S.A. has been completed for €36.8 million.
The sale will generate a positive impact on the results of the Bankia group of €20 million.
The above is notified as a material disclosure for all pertinent purposes.
Madrid, 2 July 2014
BANKIA, S.A.

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