Bay View Capital Corporation to Pay Cash Distribution on Common Stock

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, [phone], for Bay View Capital Corporation



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

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