The offer is subject to the approval of the Comisión Nacional del Mercado de Valores (CNMV) and to the terms and conditions in the corresponding prospectus that will be published once the offer has been approved, according to the provisions of the Royal Decree 1066/2007, of July 27, 2007, on the regime for public takeover bids.

Following the approval of the offer by the CNMV, the prospectus and accompanying documentation will be available on the websites of the CNMV (www.cnmv.es), BBVA (www.bbva.com) and Banco Sabadell (www.grupbancsabadell.com) starting the day after the publication of the first of the announcements specified in Article 22.1 of the Royal Decree 1066/2007. Furthermore, in accordance with the provisions of Article 22.3 of the Royal Decree 1066/2007, the prospectus and the accompanying documentation will be available to interested parties starting the same date at the registered offices of the governing bodies of the stock exchanges of Madrid (Plaza de la Lealtad, 1, 28014 Madrid), Barcelona (Passeig de Gràcia, 19, 08007 Barcelona), Bilbao (José María Olabarri street, 1, 48001 Bilbao) and Valencia (Pintor Sorolla street, 23, Ciutat Vella, 46002 Valencia), at the CNMV's headquarters in Madrid (Edison street, 4, 28006 Madrid) and Barcelona (Bolivia street, 56, 08018 Barcelona), and at the registered offices of BBVA (Ciudad BBVA, Azul street, 4, 28050 Madrid) and Banco Sabadell (Óscar Esplá avenue, 37, 03007 Alicante).