Popular Pays Dividends on Preferred Stock

Popular, Inc. BPOP announced today that at a meeting held on Tuesday, December 21, 2010, its Board of Directors declared the following monthly cash dividends on its outstanding shares of Non-cumulative Monthly Income Preferred Stock:

• A monthly cash dividend of $0.1328125 per share of 6.375% Non-cumulative Monthly Income Preferred Stock, 2003 Series A, to be paid on December 31, 2010 to holders of record as of December 28, 2010
• A monthly cash dividend of $0.171875 per share of 8.25% Non-cumulative Monthly Income Preferred Stock, Series B, to be paid on December 31, 2010 to holders of record as of December 28, 2010