Fortis' interests in ABN AMRO (Private Banking) sold to the Dutch Government

9 October 2008

The government of the Netherlands announced on Friday 3 October 2008 that it has purchased Fortis’ activities in the Netherlands as well as Fortis’ interests in ABN AMRO. These ABN AMRO activities specifically include ABN AMRO Netherlands, the International Diamond and Jewelry Group and ABN AMRO Private Banking.

The Dutch government took this step in order to increase stability and certainty for clients as well as the Dutch financial system. This step was not taken in relation to the financial standing of ABN AMRO Bank N.V. which has always been a solid and financially healthy bank.

The government intervention strengthens our solid platform from which we will continue to develop and improve the service to our clients. We can assure our clients that we will strive to preserve the attributes that have ensured the Bank’s success to date and accompany it going forward.

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