FIRST INTERIM DIVIDEND

Banco Bilbao Vizcaya Argentaria SA
21 June 2007




Banco Bilbao Vizcaya Argentaria, S.A. (BBVA), pursuant to the provisions of
article 82 of the Spanish Securities Market Act, hereby proceeds to notify the
following:


FIRST INTERIM DIVIDEND FOR YEAR 2007


The BBVA Board of Directors, in its meeting held today, has approved the
distribution, as first gross interim dividend against 2007 results, of euros
0.152 for each of all current issued shares.



Gross dividend

     0.152 euros per share
     

Net dividend

     0.1246 euros (withholding tax rate of 18%)


Ex-dividend date

     July 10th, 2007


The dividend will be paid as of July 10th, 2007, according to the regulations
applicable to the depositary entities and using the means that IBERCLEAR
provides to such entities.

                                                           Madrid, June 21, 2007



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