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Supplement Offering Circular

6th May 2008 07:00

BBVA Subordinated Cap S.A. Unipers.05 May 2008 Publication of Supplement to the Offering Circular The following supplement has been approved by the UK Listing Authority and isavailable for viewing: Supplement dated 1 May, 2008 to the Offering Circular dated 11th June, 2007regarding to BBVA Senior Finance, S.A. Unipersonal / BBVA Subordinated Capital,S.A. Unipersonal and BBVA U.S. Senior, S.A. Unipersonal €40,000,000,000 GlobalMedium Term Note Programme unconditionally and irrevocably guaranteed by BancoBilbao Vizcaya Argentaria, S.A. To view the full document, please paste the following URL into the address barof your browser. http://www.rns-pdf.londonstockexchange.com/rns/7291t_-2008-5-5.pdf For further information, please contact Att: Cristina CortadiBanco Bilbao Vizcaya Argentaria, S.A.Paseo de la Castellana, 8128046 MadridPhone number 34 91 537 81 95 DISCLAIMER - INTENDED ADDRESSEES Please note that the information contained in the Prospectus may be addressed toand/or targeted at persons who are residents of particular countries (specifiedin the Prospectus) only and is not intended for use and should not be reliedupon by any person outside these countries and/or to whom the offer contained inthe Prospectus is not addressed. Prior to relying on the information containedin the Prospectus you must ascertain from the Prospectus whether or not you arepart of the intended addressees of the information contained therein. Your right to access this service is conditional upon complying with the aboverequirement. This information is provided by RNS The company news service from the London Stock Exchange

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