Page 17 - RBS – ABN takeover

the part of the business that offers loans, credit cards, mortgages and savings

accounts to the public.

Q: Who will ultimately own which parts of ABN AMRO?

A: The Consortium banks will each be acquiring those parts of ABN AMRO that best fit with its

existing businesses and strategic priorities:

• Fortis will own BU Netherlands (excluding wholesale clients), BU Private Clients (globally

excluding Latin America) and BU Asset Management.
• RBS will own BU North America, BU Global Clients and the wholesale clients in the

Netherlands and Latin America (excluding Brazil), BU Asia (excluding Saudi Hollandi), BU

Europe (excluding Antonveneta) and the product capabilities serving its clients within the

Global Markets and Transaction Banking Product Business Units.

• Santander will own Antonveneta and BU Latin America (excluding wholesale clients outside

of Brazil).

Sir Fred Goodwin, 10 Aug 2007; De Telegraaf and Betten Financial News

Second Largest UK bank

Overall, RBS will take on 30,000 extra employees, move into 25 countries and

will increase its diversification geographically and across product lines. It will be