BANCO SANTANDER S.A.

Ticker: SAN CUSIP: 05964H105 Class: ADR

BEDDOW CAPITAL MANAGEMENT INC's Holding History (CIK: 0001278641)

Note: Option positions (PUT/CALL) are excluded.

Q4 2014
Shares 1,046,924 Value ($000) $8,721 Avg Close — Range —
Q3 2014
Shares 1,021,282 Value ($000) $9,702 Avg Close — Range —
Q2 2014
Shares 993,339 Value ($000) $10,351 Avg Close — Range —
Q1 2014
Shares 949,179 Value ($000) $9,093 Avg Close — Range —
Q4 2013
Shares 817,660 Value ($000) $7,416 Avg Close — Range —
Q3 2013
Shares 807,336 Value ($000) $6,596 Avg Close — Range —
Q2 2013
Shares 791,504 Value ($000) $5,121 Avg Close — Range —