RNS No 1152r
BANCO BILBAO VIZCAYA S.A.
25th March 1998


1.  4th INTERIM DIVIDEND

The Board of Directors of Banco Bilbao Vizcaya has approved the payment of the
fourth quarterly dividend for the financial year 1997 on all shares in issue,
numbered 1 to 676,341,108 as follows:

Gross Dividend:      Ptas. 37.00 per share/ADR
Net Dividend:        Ptas. 27.75 per share/ADR

Business dates in Spain:

Payment   :              April 10, 1998
Record    :              April  8, 1998
Ex-dividend quotation:   April 13, 1998

The expected approval of the 1997 BBV accounts in the ordinary shareholders
meeting to be held next June will allow the payment of the complementary
dividend 1997 of 1 peseta per share next July 11th.

Accordingly to the above, the 1997 dividend will be 95 pesetas (3 interim
dividends of Pta. 19 each paid in July, October and January; a 4th interim of
Pta. 37 to be paid in April and a complementary dividend of one peseta to be
paid next July).


2.  1998 RESULTS RELEASE

    The release of 1998 results is expected Thursday April 23rd.


END

DIVBRGBXDDDCCIL


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