BVC Bay View Cap Cp

Bay View Capital Corporation to Pay Cash Distribution on Common Stock SAN MATEO, Calif., Dec. 10 /PRNewswire-FirstCall/ -- Bay View Capital Corporation announced today that it would make a cash distribution of $4.00 per share on its outstanding common stock on December 30, 2003. The record date for the distribution will be December 19, 2003. As a result of the Company's change from a plan of complete liquidation to a plan of partial liquidation, the federal income taxation of the distributions may vary by stockholder. Stockholders should consult with their tax advisors to determine their individual tax situations. Bay View Capital Corporation is a financial services company headquartered in San Mateo, California and is listed on the NYSE: BVC. For more information, visit http://www.bayviewcapital.com/. DATASOURCE: Bay View Capital Corporation CONTACT: John Okubo, +1-650-294-7778, for Bay View Capital Corporation Web site: http://www.bayviewcapital.com/

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