BBVA -APPOINTMENT

Banco Bilbao Vizcaya Argentaria SA
22 June 2007





           Juan Asua, appointed new BBVA Spain and Portugal Director



>        Xavier Argente is in charge of managing Business in Spain, with
responsibility for the Commercial Banking and Corporate Banking networks in
Spain



Today BBVA announced the appointment of Juan Asua as the new Spain and Portugal
area director as a replacement for Jaime Guardiola, who is leaving the Group to
undertake a new professional project. Juan Asua has been the Business in Spain
Director until now, with responsibility for the Commercial Banking and Corporate
Banking (BEC) networks in Spain. He is being replaced in this post by Xavier
Argente, who will also join the Group's Management Committee.



These changes mark a line of continuity with regard to the new organization that
the Group implemented at the end of last year, when the Spain and Portugal area
was set up and all of the businesses, both private and corporate, were grouped
together under a single management.



Juan Asua, who has been sitting on BBVA's Management Committee since 2005, will
continue with the strategic and business plans in the Spain and Portugal area
and, under the Group's overall strategy, will forge ahead with the area's
transformation and innovation plans.



Juan Asua has led the design and implementation of said plans in his capacity as
head of the Business in Spain Unit, which is part of the Spain and Portugal
area, and he is responsible for the Commercial and Corporate Banking networks in
Spain.



Born in Bilbao (he is 45 years old) and married with two children, Juan Asua is
an Industrial Engineer, with an MBA from the IESE and a Master in 'Financial
Management' from the Johnson School of Management, Cornell University.



He joined BBVA in March 1996 and has held various jobs in different areas:
Corporate Banking for Spain and Portugal, Global Corporate Banking, E-business,
and Non-Financial Asset Management, among others.







With the Spain and Portugal area, Xavier Argente is taking over as Director of
the Business in Spain unit. Business in Spain covers the two main Spanish
networks: Commercial Banking, with 7 regional directors who will report directly
to Xavier Argente, and Corporate Banking, which will continue to see Alvaro
Aresti as head with seven regional managements under his responsibility.



Xavier Argente, born in Bilbao (he is 47 years old) and married with two
children, is an Industrial Engineer, with an MBA from the Esade Business School.
He joined BBVA in 2005, being placed in charge of the Consumer Finance business.
Over the past two years, Argente has led a transformation and growth program in
said unit, covering, inter alia, the BBVA Finanzia and uno-e businesses. Before
that, Argente carved out a long professional career at prestigious companies in
the mass consumption sectors.








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