(The following statement was released by the rating agency)

Nov 23 -

===============================================================================

Ratings -- CaixaBank S.A. ----------------------------------------- 23-Nov-2012

===============================================================================

CREDIT RATING: BBB-/Negative/A-3 Country: Spain

Primary SIC: Miscellaneous

Investing

Mult. CUSIP6: 12803K

===============================================================================

Credit Rating History:

Local currency Foreign currency

15-Oct-2012 BBB-/A-3 BBB-/A-3

03-Aug-2012 BBB/A-2 BBB/A-2

13-Feb-2012 BBB+/A-2 BBB+/A-2

15-Dec-2011 A/A-1 A/A-1

01-Jul-2011 A+/A-1 A+/A-1

27-Jul-2009 A/A-1 A/A-1

===============================================================================

Issues:

Rating Rating Date

EUR2.5 bil 3.25% cedulas hipotecarias due

10/05/2015 AA-/WatchN 16-Oct-2012

EUR2.5 bil 3.375% cedulas hipotecarias due

06/30/2014 AA-/WatchN 16-Oct-2012

EUR2.5 bil 3.625% cedulas hipotecarias ser 29

due 01/18/2021 AA-/WatchN 16-Oct-2012

EUR750 mil 4.25% cedulas hipotecarias due

10/31/2013 AA-/WatchN 16-Oct-2012

EUR250 mil 4.75% cedulas hipotecarias due

10/31/2018 AA-/WatchN 16-Oct-2012

EUR2.5 bil 3.875% cedulas hipotecarias due

02/17/2025 AA-/WatchN 16-Oct-2012

US$58 mil fltg rate cedulas hipotecarias due

12/14/2012 AA-/WatchN 16-Oct-2012

£300 mil fltg rate cedulas hipotecarias due

09/30/2015 AA-/WatchN 16-Oct-2012

US$120 mil fltg rate cedulas hipotecarias due

09/12/2013 AA-/WatchN 16-Oct-2012

EUR1.25 bil 4.25% cedulas hipotecarias due

10/31/2013 AA-/WatchN 16-Oct-2012

EUR750 mil 4.75% cedulas hipotecarias due

10/31/2018 AA-/WatchN 16-Oct-2012

EUR500 mil fltg rate extd cedulas hipotecarias

ser 30 due 06/30/2016 AA-/WatchN 16-Oct-2012

EUR1 mil 4.50% cedulas hipotecarias ser 36

due 01/26/2022 AA-/WatchN 16-Oct-2012

EUR2.25 bil 4.25% (including Tap Issuance of

EUR 250 mil) cedulas hipotecarias ser 35 due

01/26/2017 AA-/WatchN 16-Oct-2012

US$100 mil fltg rate cedulas hipotecarias ser

34 due 06/20/2013 AA-/WatchN 16-Oct-2012

EUR100 mil fltg rate cedulas hipotecarias ser

33 due 06/20/2013 AA-/WatchN 16-Oct-2012

EUR150 mil fltg rate cedulas hipotecarias ser

32 due 08/20/2013 AA-/WatchN 16-Oct-2012

EUR150 mil fltg rate cedulas hipotecarias ser

31 due 06/16/2016 AA-/WatchN 16-Oct-2012

EUR100 mil fltg rate cedulas hipotecarias ser

39 due 10/18/2013 AA-/WatchN 16-Oct-2012

US$255 mil fltg rate cedulas hipotecarias ser

38 due 02/02/2037 AA-/WatchN 16-Oct-2012

EUR250 mil fltg rate cedulas hipotecarias ser

41 due 11/28/2016 AA-/WatchN 16-Oct-2012

EUR1 bil fltg rate cedulas hipotecarias ser

45 due 03/30/2017 AA-/WatchN 16-Oct-2012

EUR400 mil fltg rate cedulas hipotecarias ser

46 due 03/23/2017 AA-/WatchN 16-Oct-2012

EUR252.5 mil fltg rate cedulas hipotecarias

ser 56 due 03/20/2017 AA-/WatchN 16-Oct-2012

EUR68 mil fltg rate cedulas hipotecarias ser

48 due 06/20/2014 AA-/WatchN 16-Oct-2012

EUR1.5 bil fltg rate up to cedulas hipotecarias

ser 49 due 09/30/2017 AA-/WatchN 16-Oct-2012

EUR2.5 bil 4.625% (Up to) cedulas hipotecarias

ser 54 due 06/04/2019 AA-/WatchN 16-Oct-2012

EUR100 mil 5.4315% cedulas hipotecarias ser

58 due 06/13/2038 AA-/WatchN 16-Oct-2012

EUR20 mil 5.32% cedulas hipotecarias due

10/01/2048 AA-/WatchN 16-Oct-2012

EUR175 mil fltg rate cedulas hipotecarias ser

61 due 05/14/2021 AA-/WatchN 16-Oct-2012

EUR2 bil 3.75% (including tap EUR750 mil)

cedulas hipotecarias ser 62 due 05/26/2014 AA-/WatchN 16-Oct-2012

EUR125 mil fltg rate cedulas hipotecarias ser

64 due 12/18/2018 AA-/WatchN 16-Oct-2012

EUR1 bil 3.50% cedulas hipotecarias ser 65

due 03/31/2016 AA-/WatchN 16-Oct-2012

EUR1 bil 3.125% cedulas hipotecarias ser 69 due

09/16/2013 AA-/WatchN 16-Oct-2012

EUR250 mil fltg rate cedulas hipotecarias ser

70 due 10/06/2014 AA-/WatchN 16-Oct-2012

EUR100 mil fltg rate cedulas hipotecarias ser

66 due 05/07/2019 AA-/WatchN 16-Oct-2012

EUR300 mil fltg rate cedulas hipotecarias ser

67 due 07/02/2018 AA-/WatchN 16-Oct-2012

EUR42 mil 3.50% cedulas hipotecarias ser 68 due

04/30/2015 AA-/WatchN 16-Oct-2012

EUR250 mil var rate cedulas hipotecarias ser 71

due 10/08/2015 AA-/WatchN 16-Oct-2012

EUR300 mil var rate cedulas hipotecarias ser 73

due 11/11/2013 AA-/WatchN 16-Oct-2012

EUR2 bil 5.00% cedulas hipotecarias ser 76 due

02/22/2016 AA-/WatchN 16-Oct-2012

EUR1.25 bil 4.75% cedulas hipotecarias ser 77

due 03/18/2015 AA-/WatchN 16-Oct-2012

EUR74 mil 4.98% cedulas hipotecarias ser 75 due

02/02/2015 AA-/WatchN 16-Oct-2012

EUR570 mil 4.71% (includes issue 79 tap

issuance of EUR 100mil) cedulas hipotecarias

ser 74 due 01/31/2014 AA-/WatchN 16-Oct-2012

EUR180 mil 4.471% cedulas hipotecarias ser 78

due 07/30/2014 AA-/WatchN 16-Oct-2012

EUR1.25 bil 5.125% cedulas hipotecarias ser 80

due 04/27/2016 AA-/WatchN 16-Oct-2012

EUR150 mil fltg rate cedulas hipotecarias due

09/22/2017 AA-/WatchN 16-Oct-2012

EUR50 mil fltg rate cedulas hipotecarias due

07/09/2020 AA-/WatchN 16-Oct-2012

EUR50 mil 2.88% cedulas hipotecarias due

09/27/2013 AA-/WatchN 16-Oct-2012

EUR25 mil fltg rate cedulas hipotecarias due

03/26/2013 AA-/WatchN 16-Oct-2012

EUR1 bil 7.25% cedulas hipotecarias ser 4 due

01/27/2020 AA-/WatchN 16-Oct-2012

EUR1 bil 6.50% cedulas hipotecarias ser 1 due

01/25/2017 AA-/WatchN 16-Oct-2012

EUR1 bil 6.75% cedulas hipotecarias ser 2 due

01/25/2018 AA-/WatchN 16-Oct-2012

EUR1.5 bil 7.00% cedulas hipotecarias ser

Tercera Emisi??n due 01/25/2019 AA-/WatchN 16-Oct-2012

EUR1 bil 4.00% cedulas hipotecarias due

02/16/2017 AA-/WatchN 16-Oct-2012

EUR1 bil 5.20% cedulas hipotecarias due

05/24/2019 AA-/WatchN 16-Oct-2012

EUR1 bil 4.90% cedulas hipotecarias due

05/24/2018 AA-/WatchN 16-Oct-2012

EUR2 bil 5.30% cedulas hipotecarias due

05/24/2020 AA-/WatchN 16-Oct-2012

EUR1.5 bil 6.25% cedulas hipotecarias due

06/07/2020 AA-/WatchN 16-Oct-2012

EUR3.5 bil fltg rate cedulas hipotecarias due

06/07/2024 AA-/WatchN 16-Oct-2012

EUR4 bil fltg rate cedulas hipotecarias due

06/07/2023 AA-/WatchN 16-Oct-2012

EUR2 bil fltg rate cedulas hipotecarias due

06/07/2022 AA-/WatchN 16-Oct-2012

EUR500 mil fltg rate cedulas hipotecarias due

06/07/2021 AA-/WatchN 16-Oct-2012

EUR1 bil fltg rate cedulas hipotecarias due

06/07/2025 AA-/WatchN 16-Oct-2012

EUR1.2 bil fltg rate cedulas hipotecarias due

06/13/2025 AA-/WatchN 16-Oct-2012

EUR4.25 bil fltg rate cedulas hipotecarias due

06/19/2026 AA-/WatchN 16-Oct-2012

EUR1 bil fltg rate cedulas hipotecarias due

07/03/2027 AA-/WatchN 16-Oct-2012

EUR3 bil fltg rate cedulas hipotecarias ser

2012-15 due 07/17/2028 AA-/WatchN 16-Oct-2012

EUR750 mil fltg rate cedulas hipotecarias ser

2012-14 due 07/17/2027 AA-/WatchN 16-Oct-2012

EUR500 mil fltg rate cedulas hipotecarias ser

2012-16 due 07/26/2020 AA-/WatchN 16-Oct-2012

EUR30 mil var rate med-term nts ser 05 due

08/18/2019 BBB- 15-Oct-2012

EUR3 bil med-term note Prog 09/29/2009: sr

unsecd BBB- 15-Oct-2012

EUR1 bil 4.125% med-term nts due 11/20/2014 BBB- 15-Oct-2012

EUR1 bil 3.75% med-term nts ser 12 due

11/05/2013 BBB- 15-Oct-2012

EUR200 mil fltg rate callable med-term nts due

03/09/2013 BBB- 15-Oct-2012

EUR150 mil var rate puttable med-term nts ser

15 due 06/21/2013 BBB- 15-Oct-2012

EUR3 bil 4.91% nts due 01/20/2015 BBB- 15-Oct-2012

EUR1 bil 4.00% nts due 02/24/2015 BBB- 10-Oct-2012

(Gtd: Spain (Kingdom of))

EUR2 bil fxd/fltg callable ser 1/2009 BB- 15-Oct-2012

(Bangalore Ratings Team, Hotline: +91 80 4135 5898 swati.ray@thomsonreuters.com,Group id:BangaloreRatings@thomsonreuters.com,Reuters Messaging: swati.ray.thomsonreuters.com@reuters.net)

COPYRIGHT

Copyright Thomson Reuters 2012. All rights reserved.

The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.