Potential sale in Chile

Banco Bilbao Vizcaya Argentaria, S.A., (BBVA) pursuant to the provisions of the Spanish Securities Market Act, proceeds by means of the present document to notify the following

RELEVANT EVENT

Regarding the news published today, BBVA informs that it is in advanced discussions with MetLife, Inc. regarding a potential sale of BBVA's stake in Administradora de Fondos de Pensiones Provida S.A. in Chile. If BBVA reaches an agreement with MetLife, BBVA will announce it immediately.

The foregoing is subject to the forward-looking statements and other disclaimers and disclosure found in our report on Form 20-F

Madrid, January 29, 2013