RNS No 4671m
BANCO BILBAO VIZCAYA INTERNATIONAL LIMITED


                         DOCUMENT RE:
                    3,500,000 US$ Series A 
            7.2 per cent. Non-cumulative Guaranteed
                      Preference Shares
         guaranteed to the extent set forth herein by
                  Banco Bilbao Vizcaya, S.A.
             Issue price: US$100 per Preference Share
          
A copy of the above is available for inspection from the Company
Announcements office of the Stock Exchange, London.

END

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