Acquisition

Banco Bilbao Vizcaya Argentaria SA
03 January 2007


Pursuant to the Agreement and Plan of Merger signed and disclosed to the markets
in June 2006, and having obtained all necessary authorizations, Banco Bilbao
Vizcaya Argentaria, S.A. (BBVA) announces that today its acquisition of State
National Bancshares, Inc. has been completed. The total consideration paid by
BBVA in the transaction was approximately $483.7 million.

                                                         Madrid, January 3, 2007


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