RNS No 7614r
BANCO BILBAO VIZCAYA
4th January 1999


3RD INTERIM DIVIDEND INCREASES 21.6%

The Board of Directors of Banco Bilbao Vizcaya has approved the payment of the
third quarterly dividend for the fiscal year 1998 on all shares in issue as
follows:

Gross Dividend:  4.627793 Eurocents per Share/ADR (Pta. 7.700)
Net Dividend:    3.470845 Eurocents per Share/ADR (Pta. 5.775)

Business dates in Spain:

Payment             :         January 11, 1999
Record              :         January  8, 1999
Ex-dividend quotation         January 11, 1999

END

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