Dividend

Banco Bilbao Vizcaya Argentaria SA
28 March 2001

FIFTH INTERIM DIVIDEND
SECURITY TITLE
*Eur0.49
MNEMONIC CODE         *99OR
SEDOL CODE            *5-501-906
DIVIDEND AMOUNT       *EUR0.111 (Gross)
PROVISIONAL EX DATE   *10-04-01
RECORD DATE           *09-04-01
PAYMENT DATE          *10-04-01
NOTES *