INDEPENDENT AUDITORS’ CONSENT
We consent to the incorporation by reference in Registration Statements No. 333-13552, No. 333-07182, No. 333-06986 and
No. 333-54232 on Form F-3 of Banco Bilbao Vizcaya Argentaria, S.A. of our report dated February 3, 2004 except for the Note 32
as to which the date is June 29, 2004, appearing in this Annual report on Form 20-F of Banco Bilbao Vizcaya Argentaria (the
“Bank”) for the year ended December 31, 2003.
/s/ DELOITTE & TOUCHE ESPAÑA, S.L.
DELOITTE & TOUCHE ESPAÑA, S.L.
June 29, 2004