Bay View Announces Special Meeting Date

Bay View Announces Special Meeting Date 


SAN MATEO, Calif., May 3  /PRNewswire-FirstCall/ -- Bay View Capital
Corporation  announced today that a Special Meeting of the Stockholders of the
Company will be held at 10:00 a.m. PDT on June 24, 2004 at 1840 Gateway Drive,
San Mateo, California 94404, for the purpose of voting on a proposal to amend
the Company's Certificate of Incorporation to effect a reverse stock split. 
Stockholders of record at the close of business on May 20, 2004 will be the
stockholders entitled to vote at the Special Meeting.

As previously announced, the Company's Board of Directors has authorized the
Company to seek stockholder approval to authorize an amendment to the Company's
Certificate of Incorporation to effect a 1-for-10 reverse stock split of the
issued and outstanding shares of the Company's common stock in the second
quarter of 2004.  If approved by the Company's stockholders, a reverse stock
split would affect all shares of common stock, including those shares
underlying stock options and warrants, outstanding immediately prior to the
effective time of the reverse stock split.  The Company intends to file a
preliminary proxy statement regarding the reverse stock split proposal with the
Securities and Exchange Commission and mail a definitive proxy statement
regarding this proposal to its stockholders on or about May 25, 2004.

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 of Bay View Capital Corporation, [phone]



Web site:  http://www.bayviewcapital.com/ 

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