Dividend Declaration

Banco Santander Central Hispano SA
20 April 2001



Final Dividend

As from 30th April 2001, Banco Santander Central Hispano will pay a final
dividend on all currently outstanding ordinary shares as follows:

Share Number       Gross Dividend    18% Withholding Tax     Net Dividend

1-4,561,536,413    Euro 0.075126     Euro 0.013523           Euro 0.061603
                   (Pesetas 12,50)   (Pesetas 2,25)          (Pesetas 10,25)

The dividend is the fourth, payable on a quarterly basis, charged to 2000
earnings.


Santander, 19th April 2001

The Chairman of the Board of Directors