First Quarter 1999
03/25/99  DSM AND REPSOL TO ESTABLISH JOINT VENTURE FOR MARKETING & SALES OF ACRYLONITRILE OUTSIDE EUROPE
03/24/99  REPSOL, S.A. ANNUAL GENERAL SHAREHOLDERS MEETING
03/22/99  PRODUCTION START-UP AT TIN-FOUY� TABANKORT FIELD IN ALGERIA
02/26/99  REPSOL DENOMINATES ITS CAPITAL STOCK IN EUROSA
02/22/99  REPSOL INCREASES BOND ISSUE IN EUROS TO 1,400 MILLION
02/17/99  STRATEGIC ALLIANCE OF REPSOL IN THE RUBBER BUSINESS
02/15/99  PREVIEW OF INCOME STATEMENT FOR 1998
02/11/99  REPSOL AND DE LA ROSA WILL COMPETE WITH ARROWS IN FORMULA ONE
02/09/99  REPSOL ISSUES 1,100 MILLION EUROS AT 3.81%
01/28/99  CHAIRMAN OF REPSOL, ALFONSO CORTINA, APPOINTED MEMBER OF YPF BOARD OF DIRECTORS
01/22/99  MEETING BETWEEN THE CHAIRMAN OF REPSOL, ALFONSO CORTINA, AND THE CHAIRMAN OF YPF, ROBERTO MONTI
01/20/99  REPSOL ACQUIRES A 14.99% STAKE IN YPF AND BECOMES MAJOR SHAREHOLDER
01/05/99  REPSOL MAKES AN IMPORTANT OIL DISCOVERY IN LIBYA