Comisión Nacional del Mercado de Valores Calle Edison, 4 28010 Madrid Madrid, 21 de diciembre de 2015 Ref.: VENCIMIENTO DE WARRANTS EMITIDOS POR BANCO BILABAO VIZCAYA ARGENTARIA S.A. (Condiciones es de Warrants registradas en la C.N.M.V. con fecha 28 de julio de 2015) Estimados Sres.: Por la presente, y de acuerdo con lo estipulado en el Folleto Base de Warrants de Banco Bilbao Vizcaya Argentaria, S.A., registrado en la CNMV con fecha 16 de junio de 2015, les informamos del vencimiento de los s emitidos por Banco Bilbao Vizcaya Argentaria, S.A. Subyacente Strike Tipo Ratio Fec. Vto. ISIN Emitido Ref. Abertis Infraestructuras 13.94 Call 0.2511 18-dic-15 ES0613211483 400,000 1.0000 14.0891 0.0374 Abertis Infraestructuras 14.93 Call 0.2511 18-dic-15 ES0613211491 400,000 1.0000 14.0891 0.0000 Abertis Infraestructuras 13.94 Put 0.2511 18-dic-15 ES0613211509 300,000 1.0000 14.0891 0.0000 Abertis Infraestructuras 14.93 Put 0.2511 18-dic-15 ES0613211517 300,000 1.0000 14.0891 0.2111 Acciona 72.00 Call 0.2500 18-dic-15 ES0613211574 400,000 1.0000 77.5927 1.3982 Acciona 74.00 Call 0.2500 18-dic-15 ES0613211582 400,000 1.0000 77.5927 0.8982 Acciona 70.00 Put 0.2500 18-dic-15 ES0613211590 300,000 1.0000 77.5927 0.0000 Acciona 72.00 Put 0.2500 18-dic-15 ES0613211608 300,000 1.0000 77.5927 0.0000 Acerinox 16.00 Call 0.5000 18-dic-15 ES0613211665 400,000 1.0000 8.9098 0.0000 Acerinox 14.00 Put 0.5000 18-dic-15 ES0613211673 300,000 1.0000 8.9098 2.5451
Ref. Acerinox 15.00 Put 0.5000 18-dic-15 ES0613211681 300,000 1.0000 8.9098 3.0451 Acs, Actividades de Construcción y Servicios 28.00 Call 0.2500 18-dic-15 ES0613211756 400,000 1.0000 26.4990 0.0000 Acs, Actividades de Construcción y Servicios 29.00 Call 0.2500 18-dic-15 ES0613211764 400,000 1.0000 26.4990 0.0000 Acs, Actividades de Construcción y Servicios 28.00 Put 0.2500 18-dic-15 ES0613211772 300,000 1.0000 26.4990 0.3753 Acs, Actividades de Construcción y Servicios 29.00 Put 0.2500 18-dic-15 ES0613211780 300,000 1.0000 26.4990 0.6253 Allianz SE 180.00 Call 0.1000 18-dic-15 ES06132117W5 500,000 1.0000 162.0000 0.0000 Allianz SE 120.00 Put 0.1000 18-dic-15 ES06132117X3 400,000 1.0000 162.0000 0.0000 Allianz SE 130.00 Put 0.1000 18-dic-15 ES06132117Y1 400,000 1.0000 162.0000 0.0000 Apple INC 150.00 Call 0.1000 18-dic-15 ES06132118F8 500,000 1.0836 108.9100 0.0000 Apple INC 110.00 Put 0.1000 18-dic-15 ES06132118G6 400,000 1.0836 108.9100 0.1006 Apple INC 140.00 Put 0.1000 18-dic-15 ES06132118H4 400,000 1.0836 108.9100 2.8691 Arcelormittal 7.00 Put 0.5000 18-dic-15 ES06132118N2 400,000 1.0000 3.4100 1.7950 Axa 26.00 Call 0.2500 18-dic-15 ES06132118V5 500,000 1.0000 24.7100 0.0000 Axa 23.00 Put 0.2500 18-dic-15 ES06132118W3 400,000 1.0000 24.7100 0.0000 Axa 25.00 Put 0.2500 18-dic-15 ES06132118X1 400,000 1.0000 24.7100 0.0725 Banco Bilbao Vizcaya Argentaria 10.50 Call 0.5000 18-dic-15 ES06132110K5 2,000,000 1.0000 7.0399 0.0000 Banco Bilbao Vizcaya Argentaria 10.00 Put 0.5000 18-dic-15 ES06132110L3 1,000,000 1.0000 7.0399 1.4801 Banco Bilbao Vizcaya Argentaria 10.25 Put 0.5000 18-dic-15 ES06132110M1 1,000,000 1.0000 7.0399 1.6051
Ref. Banco Popular Español 5.00 Put 0.5000 18-dic-15 ES06132114O9 400,000 1.0000 3.2261 0.8870 Banco Popular Español 5.50 Put 0.5000 18-dic-15 ES06132114P6 400,000 1.0000 3.2261 1.1370 Bankinter 5.50 Call 0.5000 18-dic-15 ES0613211889 400,000 1.0000 6.7222 0.6111 Bankinter 8.50 Call 0.5000 18-dic-15 ES0613211897 400,000 1.0000 6.7222 0.0000 Bankinter 7.00 Put 0.5000 18-dic-15 ES06132110A6 300,000 1.0000 6.7222 0.1389 Bankinter 7.50 Put 0.5000 18-dic-15 ES06132110B4 300,000 1.0000 6.7222 0.3889 Bayer AG 150.00 Call 0.1000 18-dic-15 ES0613211A47 500,000 1.0000 117.6000 0.0000 Bayer AG 140.00 Put 0.1000 18-dic-15 ES0613211A54 400,000 1.0000 117.6000 2.2400 BNP Paribas 60.00 Call 0.2500 18-dic-15 ES0613211B38 500,000 1.0000 52.7200 0.0000 BNP Paribas 54.00 Put 0.2500 18-dic-15 ES0613211B46 400,000 1.0000 52.7200 0.3200 BNP Paribas 58.00 Put 0.2500 18-dic-15 ES0613211B53 400,000 1.0000 52.7200 1.3200 Deutsche Bank AG 34.00 Call 0.2500 18-dic-15 ES0613211C37 500,000 1.0000 21.7050 0.0000 Deutsche Bank AG 32.00 Put 0.2500 18-dic-15 ES0613211C45 400,000 1.0000 21.7050 2.5738 Deutsche Telekom AG 14.00 Call 0.2500 18-dic-15 ES0613211D36 500,000 1.0000 16.5050 0.6263 Deutsche Telekom AG 18.00 Put 0.2500 18-dic-15 ES0613211D44 400,000 1.0000 16.5050 0.3738 E.ON AG 10.00 Call 0.2500 18-dic-15 ES0613211E76 500,000 1.0000 8.5380 0.0000 E.ON AG 11.00 Call 0.2500 18-dic-15 ES0613211E84 500,000 1.0000 8.5380 0.0000 E.ON AG 10.00 Put 0.2500 18-dic-15 ES0613211E92 400,000 1.0000 8.5380 0.3655
Ref. Enagas 24.00 Call 0.2500 18-dic-15 ES06132111J5 400,000 1.0000 26.7236 0.6809 Enagas 25.00 Call 0.2500 18-dic-15 ES06132111K3 400,000 1.0000 26.7236 0.4309 Enagas 24.00 Put 0.2500 18-dic-15 ES06132111L1 300,000 1.0000 26.7236 0.0000 Enagas 26.00 Put 0.2500 18-dic-15 ES06137085I8 300,000 1.0000 26.7236 0.0000 ENI SPA 14.00 Call 0.2500 18-dic-15 ES0613211E27 500,000 1.0000 13.6200 0.0000 ENI SPA 15.00 Put 0.2500 18-dic-15 ES0613211E35 400,000 1.0000 13.6200 0.3450 EUR/CHF 1.050 Call 10.0000 18-dic-15 ES0613211Q31 1,000,000 Fixing BCE 1.0768 1.0768 0.2489 EUR/CHF 1.070 Call 10.0000 18-dic-15 ES0613211Q49 1,000,000 Fixing BCE 1.0768 1.0768 0.0632 EUR/CHF 1.030 Put 10.0000 18-dic-15 ES0613211Q56 1,000,000 Fixing BCE 1.0768 1.0768 0.0000 EUR/GBP 0.710 Call 10.0000 18-dic-15 ES0613211Q64 1,000,000 Fixing BCE 0.7267 0.7267 0.2293 EUR/GBP 0.730 Call 10.0000 18-dic-15 ES0613211Q72 1,000,000 Fixing BCE 0.7267 0.7267 0.0000 EUR/GBP 0.750 Call 10.0000 18-dic-15 ES0613211Q80 1,000,000 Fixing BCE 0.7267 0.7267 0.0000 EUR/GBP 0.660 Put 10.0000 18-dic-15 ES0613211Q98 1,000,000 Fixing BCE 0.7267 0.7267 0.0000 EUR/GBP 0.680 Put 10.0000 18-dic-15 ES0613211R06 1,000,000 Fixing BCE 0.7267 0.7267 0.0000 EUR/JPY 137.000 Call 10.0000 18-dic-15 ES0613211R14 1,000,000 Fixing BCE 131.6000 131.6000 0.0000 EUR/JPY 139.000 Call 10.0000 18-dic-15 ES0613211R22 1,000,000 Fixing BCE 131.6000 131.6000 0.0000 EUR/JPY 141.000 Call 10.0000 18-dic-15 ES0613211R30 1,000,000 Fixing BCE 131.6000 131.6000 0.0000 EUR/JPY 129.000 Put 10.0000 18-dic-15 ES0613211R48 1,000,000 Fixing BCE 131.6000 131.6000 0.0000
Ref. EUR/JPY 131.000 Put 10.0000 18-dic-15 ES0613211R55 1,000,000 Fixing BCE 131.6000 131.6000 0.0000 EUR/JPY 133.000 Put 10.0000 18-dic-15 ES0613211R63 1,000,000 Fixing BCE 131.6000 131.6000 0.1064 EUR/USD 1.110 Call 10.0000 18-dic-15 ES0613211R71 1,000,000 Fixing BCE 1.0836 1.0836 0.0000 EUR/USD 1.130 Call 10.0000 18-dic-15 ES0613211R89 1,000,000 Fixing BCE 1.0836 1.0836 0.0000 EUR/USD 1.150 Call 10.0000 18-dic-15 ES0613211R97 1,000,000 Fixing BCE 1.0836 1.0836 0.0000 EUR/USD 1.170 Call 10.0000 18-dic-15 ES0613211S05 1,000,000 Fixing BCE 1.0836 1.0836 0.0000 EUR/USD 1.190 Call 10.0000 18-dic-15 ES0613211S13 1,000,000 Fixing BCE 1.0836 1.0836 0.0000 EUR/USD 1.210 Call 10.0000 18-dic-15 ES0613211S21 1,000,000 Fixing BCE 1.0836 1.0836 0.0000 EUR/USD 1.010 Put 10.0000 18-dic-15 ES0613211S39 1,000,000 Fixing BCE 1.0836 1.0836 0.0000 EUR/USD 1.030 Put 10.0000 18-dic-15 ES0613211S47 1,000,000 Fixing BCE 1.0836 1.0836 0.0000 EUR/USD 1.050 Put 10.0000 18-dic-15 ES0613211S54 1,000,000 Fixing BCE 1.0836 1.0836 0.0000 EUR/USD 1.070 Put 10.0000 18-dic-15 ES0613211S62 1,000,000 Fixing BCE 1.0836 1.0836 0.0000 Euro Stoxx 50 4,250.00 Call 0.0020 18-dic-15 ES0613211P32 750,000 1.0000 3,289.4900 0.0000 Euro Stoxx 50 4,000.00 Put 0.0020 18-dic-15 ES0613211P40 500,000 1.0000 3,289.4900 1.4210 Ferrovial 21.00 Call 0.2500 18-dic-15 ES06132112B0 400,000 1.0000 20.7287 0.0000 Ferrovial 22.00 Call 0.2500 18-dic-15 ES06132112C8 400,000 1.0000 20.7287 0.0000 Ferrovial 20.00 Put 0.2500 18-dic-15 ES06132112D6 300,000 1.0000 20.7287 0.0000 Ferrovial 21.00 Put 0.2500 18-dic-15 ES06132112E4 300,000 1.0000 20.7287 0.0678
Ref. Fomento de Construcciones y Contratas 8.00 Call 0.2500 18-dic-15 ES06132111S6 400,000 1.0000 6.7240 0.0000 Fomento de Construcciones y Contratas 9.00 Call 0.2500 18-dic-15 ES06132111T4 400,000 1.0000 6.7240 0.0000 Fomento de Construcciones y Contratas 9.00 Put 0.2500 18-dic-15 ES06132111U2 300,000 1.0000 6.7240 0.5690 Fomento de Construcciones y Contratas 10.00 Put 0.2500 18-dic-15 ES06132111V0 300,000 1.0000 6.7240 0.8190 Gamesa Corporación Tecnológica 15.00 Call 0.5000 18-dic-15 ES06132112K1 400,000 1.0000 16.0900 0.5450 Gamesa Corporación Tecnológica 16.00 Call 0.5000 18-dic-15 ES06132112L9 400,000 1.0000 16.0900 0.0450 Gamesa Corporación Tecnológica 15.00 Put 0.5000 18-dic-15 ES06132112M7 300,000 1.0000 16.0900 0.0000 Gamesa Corporación Tecnológica 16.00 Put 0.5000 18-dic-15 ES06132112N5 300,000 1.0000 16.0900 0.0000 Gas Natural SDG 19.00 Call 0.2500 18-dic-15 ES06132112U0 500,000 1.0000 18.9803 0.0000 Gas Natural SDG 22.00 Put 0.2500 18-dic-15 ES06132112V8 400,000 1.0000 18.9803 0.7549 Iberdrola 6.75 Call 0.5000 18-dic-15 ES06132113E2 1,000,000 1.0000 6.5009 0.0000 Iberdrola 7.00 Call 0.5000 18-dic-15 ES06132113F9 1,000,000 1.0000 6.5009 0.0000 Iberdrola 6.50 Put 0.5000 18-dic-15 ES06132113G7 750,000 1.0000 6.5009 0.0000 Iberdrola 7.00 Put 0.5000 18-dic-15 ES06132113H5 750,000 1.0000 6.5009 0.2496 Ibex 35 11,500.00 Put 0.0010 18-dic-15 ES0613211M01 1,000,000 1.0000 9,759.4000 1.7406 Ibex 35 12,000.00 Put 0.0010 18-dic-15 ES0613211M19 1,000,000 1.0000 9,759.4000 2.2406 Inditex 30.89 Call 0.2509 18-dic-15 ES06132113R4 500,000 1.0000 32.3316 0.3617 Inditex 31.89 Call 0.2509 18-dic-15 ES06132113S2 500,000 1.0000 32.3316 0.1108
Ref. Inditex 29.90 Put 0.2509 18-dic-15 ES06132113T0 400,000 1.0000 32.3316 0.0000 Inditex 30.89 Put 0.2509 18-dic-15 ES06132113U8 400,000 1.0000 32.3316 0.0000 Indra Sistemas 12.00 Call 0.5000 18-dic-15 ES06132114F7 400,000 1.0000 9.2080 0.0000 Indra Sistemas 10.00 Put 0.5000 18-dic-15 ES06132114G5 300,000 1.0000 9.2080 0.3960 Indra Sistemas 11.00 Put 0.5000 18-dic-15 ES06132114H3 300,000 1.0000 9.2080 0.8960 Koninklijke Philips Electronics NV 20.00 Put 0.2500 18-dic-15 ES0613211H24 400,000 1.0000 23.8800 0.0000 Nokia OYJ 5.60 Call 0.5000 18-dic-15 ES0613211G25 500,000 1.0000 6.3800 0.3900 Nokia OYJ 6.00 Call 0.5000 18-dic-15 ES0613211G33 500,000 1.0000 6.3800 0.1900 Nokia OYJ 6.00 Put 0.5000 18-dic-15 ES0613211G41 400,000 1.0000 6.3800 0.0000 Orange 14.00 Call 0.2500 18-dic-15 ES0613211F67 500,000 1.0000 15.4500 0.3625 Orange 14.00 Put 0.2500 18-dic-15 ES0613211F75 400,000 1.0000 15.4500 0.0000 Pharmamar, S.A. 4.60 Call 0.5000 18-dic-15 ES06132117N4 400,000 1.0000 2.9111 0.0000 Pharmamar, S.A. 4.60 Put 0.5000 18-dic-15 ES06132117O2 300,000 1.0000 2.9111 0.8445 Red Eléctrica Corporación 68.00 Put 0.1000 18-dic-15 ES06132115A5 300,000 1.0000 78.5931 0.0000 Repsol YPF 14.00 Call 0.2500 18-dic-15 ES06132115I8 1,000,000 1.0000 10.7390 0.0000 Repsol YPF 19.00 Put 0.2500 18-dic-15 ES06132115J6 750,000 1.0000 10.7390 2.0653 Sanofi 96.00 Call 0.1000 18-dic-15 ES0613211H99 500,000 1.0000 78.8100 0.0000 Sanofi 100.00 Call 0.1000 18-dic-15 ES0613211I07 500,000 1.0000 78.8100 0.0000
Ref. Sanofi 94.00 Put 0.1000 18-dic-15 ES0613211I15 400,000 1.0000 78.8100 1.5190 Sanofi 98.00 Put 0.1000 18-dic-15 ES0613211I23 400,000 1.0000 78.8100 1.9190 Siemens AG 90.00 Call 0.1000 18-dic-15 ES0613211I80 500,000 1.0000 89.3000 0.0000 Siemens AG 90.00 Put 0.1000 18-dic-15 ES0613211I98 400,000 1.0000 89.3000 0.0700 Societe Generale 46.00 Call 0.2500 18-dic-15 ES0613211J71 500,000 1.0000 42.7700 0.0000 Societe Generale 48.00 Call 0.2500 18-dic-15 ES0613211J89 500,000 1.0000 42.7700 0.0000 Societe Generale 42.00 Put 0.2500 18-dic-15 ES0613211J97 400,000 1.0000 42.7700 0.0000 Societe Generale 46.00 Put 0.2500 18-dic-15 ES0613211K03 400,000 1.0000 42.7700 0.8075 Telefónica 14.00 Put 0.2500 18-dic-15 ES06132116P1 1,000,000 1.0000 10.4259 0.8935 Telefónica 15.00 Put 0.2500 18-dic-15 ES06132116Q9 1,000,000 1.0000 10.4259 1.1435 Total 42.00 Call 0.2500 18-dic-15 ES0613211K94 500,000 1.0000 41.3700 0.0000 Total 42.00 Put 0.2500 18-dic-15 ES0613211L02 400,000 1.0000 41.3700 0.1575 Total 46.00 Put 0.2500 18-dic-15 ES0613211L10 400,000 1.0000 41.3700 1.1575 USD/MXN 16.000 Call 10.0000 18-dic-15 ES0613211S70 1,000,000 Fixing FED 1.0836 17.1360 0.6118 USD/MXN 17.000 Call 10.0000 18-dic-15 ES0613211S88 1,000,000 Fixing FED 1.0836 17.1360 0.0732 USD/MXN 15.000 Put 10.0000 18-dic-15 ES0613211S96 1,000,000 Fixing FED 1.0836 17.1360 0.0000 Xetra Dax 12,500.00 Call 0.0010 18-dic-15 ES0613211O25 750,000 1.0000 10,639.9800 0.0000 Xetra Dax 11,500.00 Put 0.0010 18-dic-15 ES0613211O33 500,000 1.0000 10,639.9800 0.8600
Ref. Xetra Dax 12,000.00 Put 0.0010 18-dic-15 ES0613211O41 500,000 1.0000 10,639.9800 1.3600 Luis Miguel Durán Rubio Banco Bilbao Vizcaya Argentaria, S.A.