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Sovereign Presenting at Smith Barney Citigroup Conference

    PHILADELPHIA, Jan. 21 /PRNewswire-FirstCall/ -- Sovereign Bancorp, Inc.
("Sovereign") (NYSE: SOV), parent company of Sovereign Bank ("Bank"), today
announced participation in the upcoming Smith Barney Citigroup Financial
Services Conference, to be held at The Plaza Hotel in New York City on January
26 - January 27, 2005.  Presenting at the conference will be Jay Sidhu,
Chairman and CEO of Sovereign Bancorp, Inc. and Mark McCollom, CFO of
Sovereign Bank.  Sovereign is scheduled to present on Thursday, January 27,
2005 at 8:15 a.m. ET.
    Veracast Communications is hosting the conference webcast on behalf of
Smith Barney Citigroup.  Interested parties may access Sovereign's
presentation at:
http://www.veracast.com/webcasts/sbcitigroup/financial-services-
2005/68201224.cfm
    Questions about the webcast should be directed to Smith Barney Citigroup.
    The webcast replay and slides will be available to the public at the above
website link for 30 days.  Clients of Smith Barney may also access the replay
on Smith Barney's password-protected site.
    A PowerPoint presentation will be made available on Sovereign's website
at: http://www.sovereignbank.com >Investor Relations>News>Presentations, along
with a link to the Smith Barney Citigroup webcast.
    Sovereign Bancorp, Inc., ("Sovereign") (NYSE: SOV), is the parent company
of Sovereign Bank, pro forma a $60 billion financial institution with more
than 650 community banking offices, over 1,000 ATMs and approximately 9,500
team members in Connecticut, Maryland, Massachusetts, New Hampshire, New
Jersey, New York, Pennsylvania and Rhode Island. In addition to full-service
retail banking, Sovereign offers a broad array of financial services and
products including business and corporate banking, cash management, capital
markets, trust and wealth management and insurance. Pro forma for pending
acquisitions, 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.




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Related links:
  • http://www.sovereignbank.com
    CONTACT:
    FINANCIAL: Jim Hogan, +1-610-320-8496, or
    jhogan@sovereignbank.com, or Mark McCollom, +1-610-208-6426, or
    mmccollo@sovereignbank.com, or Stacey Weikel, +1-610-208-6112, or
    sweikel@sovereignbank.com; or MEDIA: Ed Shultz, +1-610-378-6159,
    or eshultz1@sovereignbank.com, all of Sovereign Bancorp