Quarterly Dividend

BANCO SANTANDER CENTRAL HISPANO S.A.
22 October 1999

QUARTERLY DIVIDEND
COMPANY NAME
*BANCO SANTANDER CENTRAL HISPANO S.A.
SECURITY TITLE
*EUR0.50(Regd)
MNEMONIC CODE       *BDS
SEDOL CODE          *5-705-946
DIVIDEND AMOUNT     *Eur0.04125/ESP6.86342
PERIOD              *Quarterly
PROVISIONAL EX DATE *29-10-99
RECORD DATE         *N/a
PAYMENT DATE        *30-10-99
DIV/SCRIP OPTION    *Info N/av
NOTES               *Tie with Home Exchange.