MATERIAL DISCLOSURE

Inscrita en el Registro Mercantil de Valencia, Tomo 9.341, Libro 6.623, Folio 104, Hoja: V-17.274. CIF: A-14010342

Pursuant to article 228 of the consolidated text of the Securities Market Act approved by Legislative Royal Decree 4/2015 of 23 October, Bankia, S.A. hereby reports that today the FROB has informed Bankia, S.A. of the resolution adopted by its Governing Committee at its meeting held today, 28 September 2016, to implement the necessary measures to analyse the restructuring of its investee credit institutions, entailing the merger of Bankia and Banco Mare Nostrum, while also exploring other possible alternatives.

This action refers exclusively to performing the analysis and as of today no decision has been made with regards to proceeding with the aforementioned transaction. The corresponding disclosure would be made should any decision be reached.

Any potential integration will be performed with the objective of maximising the value of the Bankia group for all of its shareholders, therefore optimising its capacity to repay its public bailout.

The above is notified as a material disclosure for all pertinent purposes.

Madrid, 28 September 2016

BANKIA, S.A.

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Bankia SA published this content on 28 September 2016 and is solely responsible for the information contained herein.
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