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Sovereign Presenting at Lehman Financial Services Conference

    PHILADELPHIA, May 5 /PRNewswire-FirstCall/ -- Sovereign Bancorp, Inc.
("Sovereign") (NYSE: SOV), parent company of Sovereign Bank ("Bank"), today
announced participation in the upcoming Lehman Brothers 8th Annual Financial
Services Conference, to be held at The Four Seasons Hotel in London, England
on May 11 - May 12, 2005.  Presenting at the conference will be Mark McCollom,
CFO, Sovereign Bank.  Sovereign is scheduled to present on Thursday, May 12,
2005 at 10:00 a.m. UKT (United Kingdom Time).
    The event will be webcast by Lehman Brothers.  Interested parties may
access information regarding the conference at
http://www.lehman.com/conferences/2005FinancialServices/.  Please note that
live webcasts will be broadcast in UK Time (UKT), 5 hours ahead of Eastern
Time (ET).  Webcasts may be accessed by selecting the "Audio Webcast" link and
completing the registration form.  A replay will be available within 24 hours
of the live presentation and will remain available for 90 days following the
conference.
    A direct link to Sovereign's presentation is available at
http://customer.talkpoint.com/LEHM002/051105a_cs/speaker.asp?entity=Sovereign,
and will be posted on Sovereign's website, along with a PowerPoint
presentation at: http://www.sovereignbank.com >Investor
Relations>News>Presentations.

    Sovereign Bancorp, Inc., ("Sovereign") (NYSE: SOV), is the parent company
of Sovereign Bank, a $59 billion financial institution with more than 650
community banking offices, over 1,000 ATMs and approximately 10,000 team
members with principal markets in the Northeast United States.  Sovereign
offers a broad array of financial services and products including retail
banking, business and corporate banking, cash management, capital markets,
trust and wealth management and insurance. Sovereign is the 19th 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