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BBVA PRIVANZA INTERNATIONAL (GIBRALTAR) LIMITED Announces Redemption Of Preference Shares Series B
 
    NEW YORK, Nov. 7 /PRNewswire/ -- BBVA PRIVANZA INTERNATIONAL (GIBRALTAR)
LIMITED has today given notice that it intends to redeem all outstanding
Non-Cumulative Guaranteed Preference Shares Series B on December 15, 2002, at
the redemption price of U.S. $25.00 per share plus U.S. $0.475 per share
representing dividends from September 30, 2002 to December 15, 2002.
    The Bank of New York is the Redemption Agent.
SOURCE BBVA Privanza International (Gibraltar) Limited



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    Jose Luis Dominguez, +011-34-91-537-4960, for
    BBVA Privanza International, Gibraltar, Limited
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