Repsol Approves an Interim Dividend of 0.525 Euros per Share (Spain)

Repsol YPF S.A.’s Board of Directors today agreed to distribute a gross interim dividend of 0.525 euros per share from the 2010 earnings.

This dividend represents a 23.53% increase compared to the previous year and would be equivalent to a total dividend of 1.05 euros per share for the year 2010.

This dividend reflects the positive development in the company’s earnings throughout 2010 and is in accordance with Repsol’s policy of financial discipline combined with appropriate shareholder return, as laid out in the company’s strategic plan.

Payment will be made on January 13, 2011.

Additionally, the Board of Directors was informed of the appointment of Jose Manuel Carrera Panizo as representative of Pemex Internacional España on the Board of Directors and its Committees, replacing Raul Cardoso Maycotte.

[mappress]

Source: Repsol , November 25, 2010