Capital increase

Further to its announcement on 29 November 2010 in relation to its capital increase (the "Capital Increase"), Banco Bilbao Vizcaya Argentaria, S.A. ("BBVA") hereby confirms that 742,939,164 new BBVA shares, each with a par value of forty-nine euro cents (€0.49), issued under the Capital Increase have been admitted to trading on the London Stock Exchange on and with effect from 15 December 2010.