Remuneration of structured deposits

Characteristics of deposit

Name of deposit	Depósito Dual Selecção Europa II BBVA
Institution	BANCO BILBAO VIZCAYA ARGENTARIA, S.A., SUCURSAL EM PORTUGAL
Start date	29-01-2010
Maturity date	25-01-2013
Term	3 years
Underlying market	Shares
Currency	EUR
Document	Depósito Dual Selecção Europa II BBVA.pdf

Remuneration of deposit

Rate of return on maturity date
Rate of return	See components

Component 1
Type:	Fix
Start date:	29-01-2010
Maturity date :	29-04-2010
Underlying market:	Fixed interest rate
Rate of return :	3,000%

Component 2
Type:	Indexed
Start date:	29-01-2010
Maturity date :	25-01-2013
Underlying market:	Shares
Rate of return :	0,000%