Repsol YPF

Funding

BONDS ISSUED BY REPSOL INTERNATIONAL FINANCE BV
Bond	Issue date	Maturity	Nominal amount	Market where it trades
REP 6.00%	05/May/2000	05/May/2010	Eur 1,000,000,000.00	The Luxembourg Stock Exchange
REP 6.00% (*)	21/Jun/2001	05/May/2010	Eur 175,000,000.00	The Luxembourg Stock Exchange
REP FRN	16/Feb/2007	16/Feb/2012	Eur 750,000,000.00	The Luxembourg Stock Exchange
REP 5.00%	22/Jul/2003	22/Jul/2013	Eur 1,000,000,000.00	The Luxembourg Stock Exchange
REP 4.625%	08/Oct/2004	08/Oct/2014	Eur 1,000,000,000.00	The Luxembourg Stock Exchange
REP 4.75%	16/Feb/2007	16/Feb/2017	Eur 500,000,000.00	The Luxembourg Stock Exchange

(*) The Rep 6.00% bond issue was increased by an additional Eur 175mn and is fungible with the existing Eur 1 billion issue.

REPSOL INTERNATIONAL CAPITAL LTD PREFERRED SHARES Bond Issue date Maturity Call Issued nominal amount Market where it trades PREF. 7.45% Serie A (1) 21/Oct/1997 Perpetual 21/10/2002 USD$  725,000,000.00 The NYSE PREF. FRN Serie B (2) 11/May/2001 Perpetual 11/5/2011 Eur 1,000,000,000.00 AIAF PREF.FRN Serie C (2) 21/Dec/2001 Perpetual 21/12/2011 Eur 2,000,000,000.00 AIAF

(1) Subject to the Terms and Conditions of the Prospectus Supplement, the issuer is entitled to cancel the issue, fully or partially, as of the 5th year after the issue date. 
(2) Subject to the Terms and Conditions of Prospectus, the issuer is entitled to cancel the issue, fully or partially, as of the 10th year after the issue date.