Sovereign Bancorp, Inc. 1Q 2008 Earnings Webcast

* Reuters is not responsible for the content in this press release.

Thu Apr 17, 2008 7:00am EDT 

WYOMISSING, Pa., April 17 /PRNewswire-FirstCall/ --

    When:     4/23/08 @ 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.

Dawn Buffalo Heart, Lead Specialist of Sovereign Bancorp, Inc.,
+1-610-320-8465, Dbuffalo@sovereignbank.com
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