Capital Increase

BANCO BILBAO VIZCAYA ARGENTARIA, S.A.

Further to its announcement on 2nd May 2012 in relation to its capital increase (the "Capital Increase"), Banco Bilbao Vizcaya Argentaria, S.A. ("BBVA") hereby confirms that 82,343,549 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 28th June 2012.