Dividend Notification Declaration

Banco Santander Central Hispano SA
19 April 2000




                    BANCO SANTANDER CENTRAL HISPANO S.A.

                              Final Dividend 

As from 29th April 2000, Banco Santander Central Hispano will pay a final
dividend on all currently outstanding ordinary shares as follows:

Shares Number    Gross Dividend   18% Withholding Tax   Net Dividend

1-4,100,300,641   Euro 0.0625       Euro 0.01125       Euro 0.05125
                   (Pesetas        (Pesetas 1.871842)   (Pesetas
                  10.399125)                              8.527282) 

The dividend is the fourth, payable on a quarterly basis, charged to 1999
earnings.


Santander, 17th April 2000  
The Chairman of the Board of Directors