Dividend

Banco Bilbao Vizcaya Argentaria SA
20 December 2001

3RD INTERIM DIVIDEND
SECURITY TITLE
*Eur0.49
MNEMONIC CODE           *BVA
SEDOL CODE              *5-501-906
DIVIDEND AMOUNT         *Eur0.085 (Gross)
PROVISIONAL EX DATE     *10-01-02
RECORD DATE             *09-01-02
PAYMENT DATE            *10-01-02
NOTES *