ABN Amro Starts Euros 600 Million Share Buyback Programme

ABN AMRO is to start buying back its own shares in line with earlier announcements. Shares to a total value of Euros 600 million will be bought back by 30 June 2006. Shares issued in conjunction with the interim dividend

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ABN AMRO is to start buying back its own shares in line with earlier announcements.

Shares to a total value of Euros 600 million will be bought back by 30 June 2006.

Shares issued in conjunction with the interim dividend 2006 will be repurchased by 31 December 2006, in order to neutralise the dilutive effect of the stock dividend.

Shares issued as a result of the exercise of staff options in 2006 will be repurchased by 31 December 2006.

The total amount of shares to be repurchased will not exceed 10% of ABN AMRO’s issued capital.

ABN AMRO announced on 14 December 2005 that it planned to buy back Euros 600 million of its own shares and that it remains committed to resuming the neutralisation of the stock dividend as per the interim dividend 2006.

ABN AMRO says it believes a successful execution of “management priorities” in 2006 will create room for additional share-buybacks in the second half of 2006.

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