RELEVANT EVENT

Pursuant to article 228 of the consolidated text of the Securities Market Act approved by Legislative Royal Decree 4/2015 of 23 October, it is hereby notified that the rating agency DBRS Ratings Limited, following the completion of a full review of the covered bond ratings, has today affirmed Bankia's covered bond ratings at "AAA".

The above is notified as a relevant event for all pertinent purposes.

InscritaenelRegistroMercantildeValencia,Tomo9.341,Libro6.623,Folio104,Hoja:V-17.274.CIF:A-14010342

Madrid, 21 September 2018

BANKIA, S.A.

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Bankia SA published this content on 21 September 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 21 September 2018 13:23:02 UTC