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Sovereign Bank Appoints Andrew P. Gully Managing Director of Corporate Affairs

    BOSTON, June 16 /PRNewswire-FirstCall/ -- Sovereign Bank today
announced Andrew P. Gully has been named Senior Vice President and Managing
Director of Corporate Affairs. Gully will oversee the company's media
relations, public relations and internal communications activities, as well
as the development and execution of integrated communications strategies
across the company.

    Gully brings nearly 30 years of experience in media, communications and
public relations. He joins Sovereign Bank from the Boston branding firm
Kelley Habib John (KHJ), where he oversaw communications and public
relations campaigns for health and auto insurers, commercial and
residential developers, Boston area hospitals, and other clients. He also
assisted KHJ in marketing and branding campaigns across its client
portfolio.

    Previously Gully spent 21 years at the Boston Herald, the last 11 years
as Managing Editor overseeing a staff of more than 200 journalists while he
directed daily newsroom operations. He began his career as a reporter in
1976 in Lawrence, Massachusetts, for the Eagle Tribune.

    A graduate of Northeastern University in Boston, Gully holds a Bachelor
of Science degree in Journalism. He resides in Andover, Mass., with his
family.

    About Sovereign

    Sovereign Bancorp, Inc., ("Sovereign") (NYSE: SOV), is the parent
company of Sovereign Bank, a financial institution with principal markets
in the Northeastern United States. Sovereign Bank has 750 community banking
offices, over 2,300 ATMs and approximately 12,000 team members. Sovereign
offers a broad array of financial services and products including retail
banking, business and corporate banking, cash management, capital markets,
wealth management and insurance. For more information on Sovereign Bank,
visit http://www.sovereignbank.com or call 1-877-SOV-BANK.

    Sovereign Bank is a registered trademark of Sovereign Bank or its
affiliates or subsidiaries in the United States and other countries.



SOURCE Sovereign Bancorp, Inc.




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    CONTACT:
    Ellen Molle, office, +1-617-757-5573, or
    mobile, +1-617-548-9932, emolle@sovereignbank.com