044beb7c-add1-49dc-9847-8951066083e5.pdf MATERIAL DISCLOSURE

Pursuant to article 228 of the recast Stock Market Act, implemented by Legislative Royal Decree 4/2015 of 23 October, Bankia, S.A. hereby notifies that the rating agency DBRS Ratings Limited (DBRS) has upgraded the rating of Bankia's mortgage covered bonds from "AA" to "AA (high)".

Registered in the Valencia Companies Register, Volume 9,341, Book 6,623, Folio 104, Sheet: V-17.274. Tax ID (CIF): A-14010342

The above is notified as a Material Disclosure for all pertinent purposes.

Madrid, 23 June 2016

BANKIA, S.A.

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Bankia SA published this content on 23 June 2016 and is solely responsible for the information contained herein.
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