Due to the change of ownership during 2007, ABN AMRO proposes not to pay a final dividend.

On 30 July 2007, ABN AMRO announced with the publication of the interim results that the interim dividend 2007 would be EUR 0.58. Until the 2006 final dividend, the interim dividend and the final dividend have been made available wholly in cash or, at the shareholder's option, wholly in ordinary shares chargeable to the share premium account. As announced on 26 April 2007 with our first quarter 2007 results press release, as from the interim dividend for 2007, all dividend payments will be in cash. However, we also announced that should a shareholder elect to have the cash dividend invested in stock, ABN AMRO will facilitate the process by buying the relevant stock in the open market through a Dividend Reinvestment Program (DRIP). The cash dividend is subject to a 15% Dividend Withholding Tax (DWT). As a consequence, only 85% of the cash dividend is directly available to shareholders.

On 27 August 2007, the number of dividend rights of ordinary shares of EUR 0.56 nominal value entitling shareholders that had elected to participate in the DRIP to 1 new ordinary share in ABN AMRO Holding N.V. of EUR 0.56 nominal value was fixed at 69.9. Based on the volume weighted average share price of all traded ordinary shares ABN AMRO at Eurolist by Euronext Amsterdam during the five trading days starting 20 August 2007 and ending 24 August 2007, being EUR 34.2891, 1/69.9 part represents a value of EUR 0.4905 which is 0.498% less than the net cash dividend of EUR 0.493 per ordinary share ABN AMRO. The reinvestment price is EUR 34.4607. The ordinary shares purchased through the DRIP will be delivered from 27 August 2007.

Following approval of the 2006 annual accounts by the General Meeting of Shareholders on 26 April 2007, the dividend for the 2006 financial year has been set at EUR 1.15 per ordinary share of EUR 0.56 nominal value. When the EUR 0.55 interim dividend issued in August 2006 is deducted, a final dividend of EUR 0.60 remains.

It was also determined that the 2006 final dividend of EUR 0.60 will be payable - at the shareholder's option - fully in ordinary shares against the share premium reserve or fully in cash (after deduction of 15% withholding tax on dividends). The value of the stock dividend will be virtually equal to the value of the cash dividend.

Today the number of dividend rights of ordinary shares of EUR 0.56 nominal value entitling shareholders to one new ordinary share in ABN AMRO Holding N.V. of EUR 0.56 nominal value each, has been fixed at 59. Based on the volume weighted average price of all ordinary ABN AMRO shares traded on Eurolist by Euronext Amsterdam on 22, 23 and 24 May 2007 of EUR 35.6056, 1/59 portion represents a value of EUR 0,6035, which is virtually equal to the value of the cash dividend.

On 31 July 2006, in connection with the publication of the interim results 2006 of ABN AMRO Holding N.V., it was announced that the interim dividend 2006 of EUR 0.55 will be paid out - at the shareholder's option - fully in ordinary shares against the share premium reserve or fully in cash (after deduction of 25% withholding tax on dividend).
The value of the stock dividend will be - barring any rounding effects - equal to the value of the cash dividend.

Today the number of dividend rights of ordinary shares of EUR 0.56 nominal value entitling shareholders to 1 new ordinary share in ABN AMRO Holding N.V. of EUR 0.56 nominal value, has been fixed at 39. Based on the volume weighted average price of all ordinary ABN AMRO shares traded on Eurolist by Euronext Amsterdam on 22, 23 and 24 August 2006 of EUR 21.3269, 1/39 portion represents a value of EUR 0.547, which is virtually equal to the value of the cash dividend.

Following approval of the 2005 annual accounts by the General Meeting of Shareholders on 27 April 2006, the dividend for the 2005 financial year has been set at EUR 1.10 per ordinary share of EUR 0.56 nominal value. When the EUR 0.50 interim dividend issued in August 2005 is deducted, a final dividend of EUR 0.60 remains.

It was also determined that the 2005 final dividend of EUR 0.60 will be payable - at the shareholder's option - fully in ordinary shares against the share premium reserve or fully in cash (after deduction of 25% withholding tax on dividends). The value of the stock dividend will be virtually equal to the value of the cash dividend.

Today the number of dividend rights of ordinary shares of EUR 0.56 nominal value entitling shareholders to 2 new ordinary shares in ABN AMRO Holding N.V. of EUR 0.56 nominal value each, has been fixed at 71. Based on the volume weighted average price of all ordinary ABN AMRO shares traded on Eurolist by Euronext Amsterdam on 19, 22 and 23 May 2006 of EUR 21.4121, 2/71 portion represents a value of EUR 0.6032, which is virtually equal to the value of the cash dividend.

The General Meeting of Shareholders has approved the 2005 annual accounts and has set the dividend for the 2005 financial year at EUR 1.10 per ordinary share of EUR 0.56 nominal value. When the EUR 0.50 interim dividend issued in August 2005 is deducted, a final dividend of EUR 0.60 remains.

It was also determined that the 2005 final dividend of EUR 0.60 will be payable - at the shareholder's option - fully in ordinary shares against the share premium reserve or fully in cash (after deduction of 25% withholding tax on dividends). The value of the stock dividend will be - barring any rounding effects - equal to the value of the cash dividend.

On 1 August 2005, in connection with the publication of the interim results 2005 of ABN AMRO Holding N.V., it was announced that the interim dividend 2005 of EUR 0.50 will be paid out – at the shareholder's option – fully in ordinary shares against the share premium reserve or fully in cash (after deduction of 25% withholding tax on dividend).

The value of the stock dividend will be – barring any rounding effects - equal to the value of the cash dividend. Today the number of dividend rights of ordinary shares of EUR 0.56 nominal value entitling shareholders to 1 new ordinary share in ABN AMRO Holding N.V. of EUR 0.56 nominal value, has been fixed at 39. Based on the volume weighted average price of all traded ordinary shares ABN AMRO at Eurolist by Euronext Amsterdam during the last three trading days, being EUR 19.5998, 1/39 part represents a value of EUR 0.5026, which is virtually equal to the cash dividend of EUR 0.50.

The 2005 interim dividend has been fixed at EUR 0.50 per ordinary share of EUR 0.56 par value. The interim dividend will be payable, at the shareholder's option, either wholly in ordinary shares chargeable to the share premium account or wholly in cash. The ratio of the value of the stock dividend to that of the cash dividend will be determined on Wednesday 24 August 2005, after the close of trading on Euronext Amsterdam Exchanges (Euronext), based on the volume-weighted average price of all ABN AMRO shares traded on Euronext over the previous three trading days.

The value of the stock dividend will be virtually equal to that of the cash dividend. The new ordinary shares will qualify for the final dividend over the financial year of 2005 and the full dividend over subsequent years. The ordinary shares will be quoted ex-dividend from Tuesday 2 August 2005. Shareholders can submit instructions stating whether they opt for dividend payments in cash or in stock, from 3 August 2005 to 23 August 2005 included. The 2005 interim dividend will be payable as of Tuesday 30 August 2005.

It should be noted that, in the long term, it is our intention to adhere to the dividend pay-out ratio of 45%—50% of net profit.

Looking forward, our reported results will be more volatile under IFRS, but we will strive to at least maintain a stable dividend with the aim of increasing it over time to reflect improved underlying earnings.

Following approval of the 2004 annual accounts by the General Meeting of Shareholders on 28 April 2005, the dividend for the 2004 financial year has been set at EUR 1.00 per ordinary share of EUR 0.56 nominal value. When the EUR 0.50 interim dividend issued in August 2004 is deducted, a final dividend of EUR 0.50 remains.

It was also determined that the 2004 final dividend of EUR 0.50 will be payable – at the shareholder's option – fully in ordinary shares against the share premium reserve or fully in cash (after deduction of 25% withholding tax on dividends). The value of the stock dividend will be virtually equal to the value of the cash dividend.

Today the number of dividend rights of ordinary shares of EUR 0.56 nominal value entitling shareholders to one new ordinary share in ABN AMRO Holding N.V. of EUR 0.56 nominal value each, has been fixed at 37. Based on the volume weighted average price of all ordinary ABN AMRO shares traded on Eurolist by Euronext Amsterdam on 17, 18 and 19 May 2005 of EUR 18.6833, 1/37 portion represents a value of EUR 0.505, which is virtually equal to the value of the cash dividend.

The 2004 final proposed dividend has been fixed at EUR 0.50 per ordinary share of EUR 0.56 par value each. It will therefore be proposed to the general meeting of shareholders that we will declare a full year dividend of EUR 1.00 per ordinary share, of EUR 0.56 each, for 2004 which is an increase of five euro cents compared with 2003. The final dividend will be payable, at the shareholder's option, either wholly in ordinary shares chargeable to the share premium account or wholly in cash. The ratio of the value of the stock dividend to that of the cash dividend will be determined on Thursday 19 May 2005, after the close of trading on Euronext Amsterdam Exchanges ("Euronext"), based on the volume weighted average price of all ABN AMRO shares traded on Euronext of the last three trading days. The value of the stock dividend will be virtually equal to that of the cash dividend. The new ordinary shares will qualify for dividends from 1 January 2005. The ordinary share will be quoted ex-dividend from Monday 2 May 2005. Shareholders can submit instructions stating whether they opt for dividend payment in cash or in stock from Monday 2 May 2005 to Wednesday 18 May 2005 inclusive. The 2004 final dividend will be payable as from Tuesday 24 May 2004.

It should be noted that, in the long term, it is our intention to adhere to the dividend pay-out ratio of 45% -  50% of net profit.

Looking forward, our reported results will be more volatile under IFRS, but we will strive to at least maintain a stable dividend with the aim of increasing it over time to reflect improved underlying earnings.

On 2 August 2004, in connection with the publication of the interim results 2004 of ABN AMRO Holding N.V., it was announced that the interim dividend 2004 of EUR 0.50 will be paid out – at the shareholder's option – fully in ordinary shares against the share premium reserve or fully in cash (after deduction of 25% withholding tax on dividend). The value of the stock dividend will be – barring any rounding effects – equal to the value of the cash dividend.

Today the number of dividend rights of ordinary shares of EUR 0.56 nominal value entitling shareholders to 1 new ordinary share in ABN AMRO Holding N.V. of EUR 0.56 nominal value, has been fixed at 34. Based on the volume weighted average price of all traded ordinary shares ABN AMRO at Euronext Amsterdam during the last three trading days, being EUR 16.9723, 1/34 part represents a value of EUR 0.499, which is virtually equal to the cash dividend of EUR 0.50.

The 2004 interim dividend has been fixed at EUR 0.50 per ordinary share of EUR 0.56 par value. The interim dividend will be payable, at the shareholder's option, either wholly in ordinary shares chargeable to the share premium account or wholly in cash. The ratio of the value of the stock dividend to that of the cash dividend will be determined on Wednesday 25 August 2004, after the close of trading on Euronext Amsterdam Exchanges ('Euronext'), based on the volume weighted average price of all ABN AMRO shares traded on Euronext over the previous three trading days. The value of the stock dividend will be virtually equal to that of the cash dividend. The new ordinary shares will qualify for the final dividend over the financial year of 2004 and the full dividend over subsequent years. The ordinary shares will be quoted ex-dividend from Tuesday 3 August 2004. Shareholders can submit instructions stating whether they opt for dividend payments in cash or in stock, from 4 August 2004 to 24 August 2004 inclusive. The 2004 interim dividend will be payable as of Tuesday 31 August 2004.

Following approval of the 2003 annual accounts by the General Meeting of Shareholders on 29 April 2004, the dividend for the 2003 financial year has been set at EUR 0.95 per ordinary share of EUR 0.56 nominal value. When the EUR 0.45 interim dividend issued in August 2003 is deducted, a final dividend of EUR 0.50 remains.

It was also determined that the 2003 final dividend of EUR 0.50 will be payable - at the shareholder's option - fully in ordinary shares against the share premium reserve or fully in cash (after deduction of 25% withholding tax on dividends). The value of the stock dividend will be virtually equal to the value of the cash dividend.

Today the number of dividend rights of ordinary shares of EUR 0.56 nominal value entitling shareholders to one new ordinary share in ABN AMRO Holding N.V. of EUR 0.56 nominal value each, has been fixed at 33. Based on the volume weighted average price of all ordinary ABN AMRO shares traded on the official market of Euronext Amsterdam Exchanges on 14, 17 and 18 May 2004 of EUR 16.5585, 1/33 portion represents a value of EUR 0.502, which is virtually equal to the value of the cash dividend.

Based on our 2003 results and our confidence in 2004, we have decided to increase the final dividend from EUR 0.45 to EUR 0.50. Therefore, it will be proposed at the general meeting of shareholders to declare a full year dividend of EUR 0.95 per ordinary share, of EUR 0.56 each, for 2003. The final dividend will be payable, at the shareholder's option, either wholly in ordinary shares chargeable to the share premium account or wholly in cash.

The ratio of the value of the stock dividend to that of the cash dividend will be determined on Tuesday 18 May 2004, after the close of trading on Euronext Amsterdam Exchanges ("Euronext"), based on the volume weighted average price of all ABN AMRO shares traded on Euronext of the last three trading days. The value of the stock dividend will be virtually equal to that of the cash dividend. The new ordinary shares will qualify for dividends from 1 January 2004. The ordinary share will be quoted ex-dividend from Monday 3 May 2004. Shareholders can submit instructions stating whether they opt for dividend payment in cash or in stock from Monday 3 May 2004 to Monday 17 May 2004 inclusive. The 2003 final dividend will be payable as from Monday 24 May 2004.

It is to be noted that, in the long term, the intention is to adhere to the dividend pay-out ratio of 45% - 50% of net profit.