FORM OF INSTRUCTIONS TO DEPOSITARY UPON DEPOSIT OF SHARES
EXHIBIT B
TO
FORM OF INSTRUCTIONS TO DEPOSITARY
UPON DEPOSIT OF SHARES
The Bank of New York
000 Xxxxxxx Xxxxxx
Xxx Xxxx, Xxx Xxxx 00000
Dear Sirs:
Pursuant to Section 2.2 of the Deposit Agreement dated as of ________________, 1989 (the “Deposit Agreement”) among Repsol, S.A. (“Repsol”), The Bank of New York, as Depositary, and the Holders of American Depositary Receipts, the following [Poliza / Polizas representing] [and] [shares, each of] the capital stock of Repsol are hereby deposited against issuance of American Depositary Shares evidenced by American Depositary Receipts pursuant to the Deposit Agreement:
Certificate or Technical
Reference Number
Number of Shares
Please issue American Depositary Receipt[s] in the name[s] of and in the amount[s] listed below, and deliver [it/them] to the address[es] indicated:
Number of American
Name
Depositary Shares
Deliver To
Thank you for your attention to this matter.
Yours very truly,
[Name of Depositor]