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REPSOL INTERNATIONAL FINANCE B.V. LAUNCHES CASH TENDER OFFER

Repsol International Finance B.V. (the “Offeror”) announces today that it is inviting holders of its outstanding €1,000,000,000 10 Year Non-Call Securities due 2075 (ISIN: XS1207058733) (the “Securities”), unconditionally and irrevocably guaranteed, on a subordinated basis, by Repsol, S.A. (the “Parent”), to tender their Securities for purchase by the Offeror for cash (such invitation, the “Offer”)

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