Dividend Declaration

Banco Bilbao Vizcaya Argentaria SA
4 January 2001


FOURTH INTERIM DIVIDEND FOR YEAR 2000

The Board of Directors of Banco Bilbao Vizcaya Argentaria, S.A. has approved
last 19th December 2000, the payment of the fourth interim dividend for year
2000 for all issued shares (3,195,852,043).

Gross dividend

     0.064 euros (10.65 pesetas approximately) per share.


Withholding tax rate

     18%


Business days

     Record:      January 9th, 2001

     Ex-dividend: January 10th, 2001

     Payment:     Upon January 10th, 2001


Payment procedure

The dividend payment will be carried out through the organizations members of
the Servicio de Compensacion y Liquidacion de Valores (SCLV), the security
settlement service of the Spanish Stock Exchange.

This resolution will be announced the 7th of January 2001 on newspapers.