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Sovereign to Webcast Institutional Investor Meeting

    PHILADELPHIA, Oct. 26 /PRNewswire-FirstCall/ -- Sovereign Bancorp, Inc.
("Sovereign") (NYSE: SOV), parent company of Sovereign Bank ("Bank"), today
announced that Jay S. Sidhu, Chairman and CEO, will be meeting with
institutional investors (hosted by J.P. Morgan Securities, Inc.) in Boston, MA
on Thursday, October 27, 2005.  The meeting will be webcast live beginning at
12:30 pm ET.
    Interested parties may listen to the live webcast by accessing the
following link:
    http://phx.corporate-ir.net/phoenix.zhtml?p=irol-eventDetails&c=67999&
eventID=1155212.
    The webcast will be broadcast live and be available on replay for ninety
days.  A company PowerPoint presentation will be available for viewing the day
of the webcast on Sovereign's website at: http://www.sovereignbank.com
>Investor Relations>News>Presentations.

    Sovereign Bancorp, Inc., ("Sovereign") (NYSE: SOV), is the parent company
of Sovereign Bank, a $63 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: 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