WYOMISSING, Pa., July 18 /PRNewswire-FirstCall/ --

    When:    7/23/08 @ 10:30 a.m. Eastern

    Where:   http://www.sovereignbank.com under Investor Relations, Events &
             Webcasts

    How:     Live over the internet-simply log on to the web at the address
             above

    Contact: Dawn Buffalo Heart, Lead Specialist, Sovereign Bancorp, Inc.
             Phone:  610-320-8465
             Email:  Dbuffalo@sovereignbank.com

If you are unable to participate during the live webcast, the call will be archived at http://www.sovereignbank.com . You may email questions during the webcast via webform at www.sovereignbank.com , Investor Relations, Contact Investor Relations

Sovereign Bancorp, Inc., ("Sovereign") (NYSE: SOV), is the parent company of Sovereign Bank, a financial institution with $82 billion in assets as of June 30, 2007 with principal markets in the Northeast United States. Sovereign Bank has nearly 750 community banking offices, over 2,250 ATMs and approximately 12,000 team members. Sovereign offers a broad array of financial services and products including retail banking, business and corporate banking, cash management, capital markets, wealth management and insurance. Sovereign is the 18th largest banking institution in the United States.


    For more information on Sovereign Bank, visit
http://www.sovereignbank.com or call 1-877-SOV-BANK.

SOURCE Sovereign Bancorp, Inc.