At December 31, 2007, the owners of significant direct and/or indirect shareholdings in CEPSA’s capital were as follows:
| Corporate Name of Shareholder | Number of Direct Voting Rights | Number of Indirect Voting Rights | % of Total Voting Rights |
|---|---|---|---|
| Total, S.A. | 0 | 130,668,180 | 48.833 |
| Banco Santander | 76,832,401 | 7,849,886 | 31.648 |
| International Petroleum Investment Company (IPIC) | 25,513,560 | 0 | 9.535 |
| Unión Fenosa, S.A. | 13,378,980 | 0 | 5.000 |
Through:
| Direct Owner of Shareholding | Number of Direct Voting Rights | % of Total Voting Rights |
|---|---|---|
|
Odival ,S.A.
Total, S.A. |
130,668,180
130,668,180 |
48.833
48.833 |
|
Banco Madesant Sociedade Unipessoal, S.A.
FFB-Participaçoes e Servicios, Sociedade Unipessoal, S.A. Títulos de Renta Fija, S.A. Banco Santander |
349,826
7,500,000 60 7,849,886 |
0.130
2.803 0.000 2.933 |