Statement re EGM

Banco Bilbao Vizcaya Argentaria SA
30 January 2003


'BBVA, S.A.', pursuant to the provisions of section 82 of the Securities Market
Act, hereby announces the following


                               SIGNIFICANT EVENT
                                                               30th January 2003

 
BBVA announces that the Extraordinary and Universal Shareholders Meeting of BBVA
PRIVANZA BANCO, S.A. held yesterday, resolved the total assignment of the assets
and liabilities of the company to the single partner Banco Bilbao Vizcaya
Argentaria, S.A. after which said company is to be wound up without liquidation.
Likewise, BBVA gives notice that in the meeting of its Board of Directors held
yesterday resolved to accept of said assignment of the assets and liabilities of
BBVA PRIVANZA BANCO, S.A. according the dissolution balance sheet closing 31st
December 2002.


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