Appendices Second Quarter Results 2004

0 38 Appendices: table of contents  RWA developments39  USD profit hedge  Profit and loss account BU Brazil43  Profit and loss account BU NA and US Mortgage Business 45  Details on WCS Performance 50  Asset Quality and Provisioning 53  Asset Quality and Provisioning in C&CC 58  Asset Quality and Provisioning in WCS 67

RWA developments

0 40 Increase in RWA due to impact FX, securitisations and loan growth Change in RWA, June Dec 2003 (EUR bn)

USD profit hedge 2006

0 42 USD profit hedge 2006  We have hedged our expected USD related net profit by purchasing EUR/USD call options at a strike price of

Profit and Loss Account BU Brazil

0 44 P&L BU Brazil in local currency Including the impact of Sudameris

Profit and Loss Account BU NA and US Mortgage Business

0 46 P&L BU NA in local currency

0 47 Income from Mortgage Banking Activities (BU NA) Data provided on a Dutch GAAP basis

0 48 Changes in MSR Balances (BU NA) Data provided on a Dutch GAAP basis

0 49 Mortgage origination per channel (BU NA) BU Mortgage origination per channel (USD)

Details on WCS Performance

0 51 WCS client performance in the first half of 2004  WCS client revenues are EUR 2,146 mln, representing 83% of WCS revenues  Most important revenue contributor is the BU Financial Institutions and Public Sector (FIPS), accounting for 44% of total client revenues  The BU Global Specialised Industries (GSI) includes TMT, Healthcare & Chemicals and Integrated Energy. The BU Industrials includes Global Manufacturing, General Industries and Consumer WCS Revenues (EUR 2,593 mln) Revenues by Client (EUR 2,146 mln) Priority & Key Revenues by Client (EUR 1,317 mln)

0 52 WCS product performance  Most important revenue contributor is Financial Markets  The sale of our Prime and Professional Brokerage businesses was respectively closed at 5/12/03 and 2/04/04 (both were part of the BU WoCa). Revenues from Professional Brokerage are still part of WCS Q1 revenues (booked in Q1 under WCS Other)  In the restated Q2 03 graph above, revenues of Prime and Professional Brokerage have been transferred from BU WoCa to WCS Other Revenues by product EUR 1,223 mln in Q Revenues by Product EUR 1,371 mln in Q Revenues by Product EUR 1,296 mln in Q2 2003

Asset Quality and Provisioning

0 54 June 2003 Private sector loans (EUR bn - by outstanding) June 2004 December 2003 C&CC 71% PCAM 3% Other 6% WCS 20% C&CC 72% PCAM 3% Other 7% WCS 18% PCAM 3% Other 6% WCS 20% C&CC 71% Bank wide private sector loans: Commercial and Consumer Jun. 03Dec. 03Jun. 04 WholesaleC&CCPCAMOther Bouwfonds 19% Brazil 4% NGM 4% NL 46% NA 27%

0 55 Overview of total loan loss provisioning per SBU SBU C&CC WCS PCAM Total AA Loan loss provisions per SBU (EUR mln)Annualised provisions / average RWA 0.0% 0.5% 1.0% 2Q033Q034Q031Q042Q04 C&CCWCSABN AMRO C&CC 93% WCS 7% Other 0% 2Q Q Q Q Q Q % 0.49% 0.11% 0.50% 3Q % 0.33% 0.17% 0.53% 4Q % 0.67% 0.06% 0.57% 1Q % 0.18% 0.00% 0.34% 2Q % 0.06% 0.05% 0.26%

0 56 EUR interest rate sensitivity (12 months; EUR; base case = rates unchanged)

0 57 USD interest rate sensitivity (12 months; USD; base case = rates unchanged)

Asset Quality and Provisioning in C&CC

0 59 C&CC total private sector loans (outstanding in EUR bn) Numbers may not add up due to rounding Commercial Consumer Total private loans Overview of total private sector loans in C&CC Commercial 41% Consumer 59% Bouwfonds 19% Netherlands 46% North America 27% Brazil 4% NGM 4% Jun. 04NetherlandsNorth AmericaBrazilNGMBouwfondsDec. 03Jun

0 60 C&CC loan loss provisions Loan loss provisions per BU Annualised provisions / average RWAProvisions - EUR mln BU Netherlands NA Brazil NGM Bouwfonds Total C&CC Total AA 2Q Q Q Q Q Q % 0.50% 5.33% -0.14% 0.00% 0.61% 0.53% 3Q % 0.50% 3.97% -0.27% 0.00% 0.57% 0.53% 4Q % 0.47% 3.66% 0.40% 0.12% 0.60% 0.57% 1Q % 0.16% 3.23% 0.32% -0.04% 0.45% 0.34% 2Q % 0.22% 2.63% 0.43% 0.06% 0.38% 0.26% NA 22% Netherlands 30% Brazil 41% NGM 5% Bouwfonds 2% 0% 1% 2% 3% 4% 5% 2Q033Q034Q031Q042Q04 NetherlandsNABrazilTotal C&CCBouwfonds

0 61 BU NL commercial portfolio BU NL commercial portfolio by industry BU NL total portfolio Commercial 32% Consumer 68% Overview of the BU NL commercial portfolio - (by outstanding on a EUR basis; Jun Jun 2004) Wholesale Trade 14% Manufacturing 2% Hotels and Restaurants 2% Health & Social Services 7% Food Industry 3% Education 1% Construction 4% Chemical Industry 2% Business Services 7% Banks and Non-Banking Financial Institutions 13% Agriculture & Fishery 11% Public 1% Other Services 3% Mining 1% Public Utilities 0% Real Estate 5% Retail Trade 6% Not classified 4% Transport & Communication 6% Metal Industry 9% Corporate ClientsSME non program lendingTotal Commercial Jun. 03Dec. 03Jun. 04 1% -5% -4%

0 62 BU NL commercial portfolio asset quality - (by outstanding on a EUR basis; Jun Jun 2004)

0 63 BU NA commercial portfolio BU NA commercial portfolio by industry BU NA total portfolio Overview of BU NA commercial portfolio - (by outstanding on a USD basis; Jun Jun 2004) 0.4 % Jun. 03Dec. 03 Jun. 04 Commercial 70% Consumer 30%

0 64 BU NA commercial portfolio asset quality - (by outstanding; Jun Jun 2004) 21.9% 21.6% 19.9% 2.5% 2.3% 2.2% 2.0% 39.6% 38.9% 37.7% 39.6% 40.3% 38.1% 39.0% 40.2% 36.4% 35.3% 20.0% 0% 20% 40% 60% 80% 100% Jun. 03Sep. 03Dec. 03Mar. 04Jun UCR 1,2UCR 3UCR 4 UCR >=5Average UCR

0 65 Commercial 46% Consumer 54% BU Brazil commercial portfolio BU Brazil commercial portfolio by industry BU Brazil total portfolio Overview of the BU Brazil commercial portfolio - (by outstanding on a BRL basis; Jun Jun 2004) Services 1,5% Telecommunications 5,2% Textile&Footwear 4,6% Transports 5,0% Utilities & Power Generations 2,3% Electrical Machinery 0,7% Construction & Engineering 5,3% Paper & Pulp 0,6% Packaging 0,6% Others 13,2% Oil&Gas 1,4% Miscellaneous 2,3% Metal & Mining 5,2% Health Services 3,8% Food,Beverages,Tobacco 2.8% Education 3,5% Consumer Goods 3,0% Petrochemicals 0,5% Public 0,3% Retail&Wholesale 12,4% Computer & Related Activies 0,3% Chemicals 3,2% Capital Goods & Machinery 2,9% Banking & Finance Companies 2,6% Automotive 6,1% Agribusiness 11,0% % Car Finance Corp.SMEMiddle Corp.Total Commercial Jun. 03Dec. 03Jun % + 5.8% %

0 66 BU Brazil commercial portfolio asset quality - (by outstanding on a BRL basis; Jun Jun 2004) Avg UCR 20.9% 62.6% 61.4% 21.2% 18.3% 22.8% 62.8% 59.2% 57.6% 9.0% 6.9% 7.9% 7.1% 6.4% 4.2% 12.5%11.9% 11.4% 12.9% 0% 20% 40% 60% 80% 100% Jun. 03Sep. 03Dec. 03Mar. 04Jun UCR 1,2UCR 3UCR 4 UCR >5Not ratedAverage UCR Shift in June 04 due the rating of small commercial customers (previously not rated)

Asset Quality and Provisioning in WCS

0 68 Geographic exposure calculated based on the country lending office (*) = Insignificant Asia Pacific Advanced 8.4% (11.5%) North America 22.8 % (30.1%) Latin America 3.2% (0.4%) Eastern Europe 0.5% (*) Africa 0.3% (*) Europe 58.7% (56.7%) Middle East 0.8% (0.1%) Asia 5.3% (1.3%) WCS Corporate / (NBFI/PS) portfolio: predominantly OECD - (by limits on EUR basis, Jun 2004)

0 69 WCS - total portfolio Commercial banks exposure includes commercial lines, money market and OBSI facilities. NBFI/PS 26% Commercial Banks 32% Corporate 42% Breakdown of WCS portfolio by sector - (by limits on EUR basis, Jun. 2004)

0 70 Average UCRs - historical performanceAverage UCRs Avg UCRs WCS Corporate NBFI/PS Commercial Banks Dec Jun Dec Jun Dec Jun Average UCR of WCS sectors - (by limits on a EUR basis; Dec Jun 2004)

0 71 WCS Corporate portfolio remains well diversified - (by limits on EUR basis, Jun. 2004)

0 72 Average UCR of WCS main industries corporate client sector - (by limits on a EUR basis; Jun 02 - Jun 04) Main industries Jun. 02Dec. 02Jun. 03Dec. 03Jun. 04 Average UCRs - historical performanceAverage UCRs Jun. 02Dec. 02Jun. 03Dec. 03Jun. 04 AutomotiveOil and Gas Telecom ServicesUtilities Manufacturing Transport Services Telecom Services Automotive Oil and Gas Utilities Transport Services Manufacturing

0 73 WCS corporate asset quality - (by limits on a EUR basis)

0 74