Notice of EGM

Banco Santander Central Hispano SA
16 May 2000

Banco Santander Central Hispano

MATERIAL EVENT

'BANCO SANTANDER CENTRAL HISPANO, S.A.'
Extraordinary General Meeting of Shareholders

By resolution of the Board of Directors of this Bank, notice is hereby given of
the Extraordinary General Meeting of Shareholders to be held at the Palacio de
Festivales (calle Gamazo, s/n) in Santander on May 31st 2000 at 12:00 hours, at
first notice, or in the event of an insufficient quorum, at the same time and
place on the following day, June 1st 2000, at second notice, in order for
shareholders to discuss and make resolutions.