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Joint Statement re ABN AMRO

2nd Nov 2007 11:30

Royal Bank of Scotland Group PLC02 November 2007 2 November 2007 - Fortis, RBS and Santander Update on Acceptances of ABN AMROShares Fortis, RBS, Santander (collectively the "Banks") and RFS Holdings are pleasedto announce that, following the expiration of the subsequent offering period on31 October 2007, a total of 1,826,332,482 ABN AMRO ordinary shares (includingshares underlying 37,925,911 ABN AMRO ADSs) have been tendered or will becontributed by the Banks to RFS Holdings, representing approximately 98.8% ofABN AMRO ordinary shares.* During the subsequent offering period, 236,099,027ABN AMRO ordinary shares (including shares underlying 2,693,888 ABN AMRO ADSs)were tendered to RFS Holdings, representing approximately 12.8% of ABN AMROordinary shares.* A total of 38,731 formerly convertible preference shares have been tendered toRFS Holdings, representing approximately 86.1% of outstanding formerlyconvertible preference shares. During the subsequent offering period, 17,986formerly convertible preference shares were tendered to RFS Holdings,representing approximately 40.0% of outstanding formerly convertible preferenceshares. A total of 1,353,056,466 depository receipts representing ABN AMRO convertiblefinancing preference shares have been tendered to RFS Holdings or have beenotherwise purchased by RFS Holdings, representing approximately 98.8% ofoutstanding convertible financing preference shares. The above shares in aggregate represent approximately 98.8% of ABN AMRO votingrights.* RFS Holdings intends to cause the delisting of ABN AMRO ordinary shares and ABNAMRO ADSs, and intends to acquire 100% of ABN AMRO's issued and outstandingshare capital in the shortest possible time through the appropriate legalprocess. ------------------------------------------------------------------------------- * Excluding treasury shares held by ABN AMRO This announcement is made pursuant to article 9b(1) of the Dutch Decree on theSupervision of the Securities Trade 1995. ------------------------------------------------------------------------------- Fortis N.V., Archimedeslaan 6, 3584 BA Utrecht, Netherlands; Fortis S.A./N.V.,Rue Royale 20, 1000 Brussels, Belgium The Royal Bank of Scotland Group plc, Head Office, Gogarburn, Edinburgh EH121HQ, UK. Registered Office, 36 St Andrew Square, Edinburgh EH2 2YB. Registeredin Scotland No 45551 Banco Santander, S.A., Ciudad Grupo Santander, Avenida de Cantabria, s/n, 28660Boadilla del Monte, Madrid, Spain This information is provided by RNS The company news service from the London Stock Exchange

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