First Dividend Details

BANCO SANTANDER CENTRAL HISPANO S.A.
29 July 1999

FIRST DIVIDEND 
COMPANY NAME
*BANCO SANTANDER CENTRAL HISPANO S.A.
SECURITY TITLE
*Shares Eur0.50
MNEMONIC CODE       *BDS
SEDOL CODE          *5-705-946
DIVIDEND AMOUNT     *EURO 0.04125
PROVISIONAL EX DATE *30-07-99
RECORD DATE         *N/a
PAYMENT DATE        *30-07-99
DIV/SCRIP OPTION    *Info n/av
NOTES               *Tie with Home Exchange.