LONDON--()--
| As Agent Bank, please be advised of the following rate determined on: 27/12/2012 | |||||||||
| Issue | ¦ Telefonica Emisiones S.A.U. - Series 9 EUR 55,000,000 FRN Due 30 Dec 2021 | ||||||||
| ISIN Number | ¦ XS0283060324 | ||||||||
| ISIN Reference | ¦ 28306032 | ||||||||
| Issue Nomin EUR | ¦ 55000000 | ||||||||
| Period | ¦ 31/12/2012 to 28/06/2013 | Payment Date 28/06/2013 | |||||||
| Number of Days | ¦ 179 | ||||||||
| Rate | ¦ 1.149 | ||||||||
| Denomination EUR | ¦ 50000 | ¦ 55000000 | ¦ | ||||||
| Amount Payable per Denomination | ¦ 285.65 | ¦ 314219.58 | ¦ | ||||||
| Bank of New York | |||||||||
| Rate Fix Desk | Telephone | ¦ 44 1202 689580 | |||||||
| Corporate Trust Services | Facsimile | ¦ 44 1202 689601 | |||||||

