SUBSCRIPTION AGREEMENT IN RELATION TOSubscription Agreement • July 18th, 2013
Contract Type FiledJuly 18th, 2013€100,000,000 N Covered Bonds due July 2025 (the "Covered Bonds") under the €35 billion Global Covered Bond Programme established by it. The Covered Bonds will be unconditionally and irrevocably guaranteed by Santander UK plc ("Group Guarantor") and unconditionally and irrevocably guaranteed as to payments of interest and principal by Abbey Covered Bonds LLP (the "LLP" and, together with the Group Guarantor, the "Guarantors"). The terms of the issue shall be as set out in the form of N Covered Bond Conditions attached to this Agreement as Schedule 1.