Hipototta No 8 Plc

Another in the series of prime RMBS issuance from originator Banco Santander Totta S.A with the
loans secured on residential properties located in Portugal.

All of the 23,290 first lien mortgage loans are secured by a residential property in Portugal (with the
exception of the mortgage loans secured by a first prior mortgage, a second mortgage and/or a third
mortgage over the same property, each in favour of the Originator. All of the loans are fully amortis-
ing with monthly or semi-annual instalments and no mortgage loans allow for the capitalisation of
interest. At the closing date, none of the loans in the portfolio will be in arrears for a period over 30
days

The average current outstanding balance is Eur57,006 and only 7 loans have outstandings higher
than Eur500,000. The portfolio is highly granular with the largest obligor (3 loans) accounting for
0.08% of outstanding principal, the top 5 for 0.312% and the top 10 for 0.487%. The WA current LTV
is 71.22% Geographical concentration (by outstanding balance): Lisbon 28.63%, Porto 17.77%,
Setubal 11.20% and Braga 7.94%.

Compare/contrast: Hipototta No 7 Plc, Magellan Mortgages No. 5 PLC, Kion Mortgage Finance II Plc
Hipototta No 7 Plc Magellan Mortgages No. 5 PLC Kion Mortgage Finance II Plc