This announcement appears for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for the
Warrants described below.



Launch Announcement for Warrants
issued by
ABN AMRO BANK N.V.

(incorporated in The Netherlands with its statutory seat in Amsterdam)
acting through its London Branch
Sponsor
ABN AMRO ASIA LIMITED

Particulars of Warrants
We intend to issue the following Warrants:
Warrants Series 1 Series 2 Series 3 Series 4 Series 5
Stock code 7691 7698 7700 7759 7762
Issue size 168,000,000 168,000,000 688,000,000 688,000,000 1,000,000,000
Type European style cash
settled call warrants
European style cash
settled call warrants
European style cash
settled call warrants
European style cash
settled call warrants
European style cash
settled call warrants
Company Bank of China
Limited
Bank of China
Limited
Bank of
Communications
Co., Ltd.
Bank of
Communications
Co., Ltd.
Industrial and
Commercial Bank
of China Limited
Shares Existing issued
ordinary H shares of
RMB1.00 each
Existing issued
ordinary H shares of
RMB1.00 each
Existing issued
ordinary H shares of
RMB1.00 each
Existing issued
ordinary H shares
of RMB1.00 each
Existing issued
ordinary H shares
of RMB1.00 each
Board Lot 1,000 Warrants 1,000 Warrants 10,000 Warrants 10,000 Warrants 10,000 Warrants
Issue Price per
Warrant (HK$)
0.520 0.440 0.280 0.250 0.250

Exercise Price (HK$) 4.680 4.980 10.780 11.280 5.990
Issue Date 12 October 2007 12 October 2007 12 October 2007 12 October 2007 12 October 2007
Expected listing date 15 October 2007 15 October 2007 15 October 2007 15 October 2007 15 October 2007
Expiry Date 18 April 2008 13 May 2008 27 May 2008 20 May 2008 31 December 2008
Entitlement 1 Share 1 Share 1 Share 1 Share 1 Share
Number of Warrants
per Entitlement
1 Warrant 1 Warrant 10 Warrants 10 Warrants 10 Warrants
Implied Volatility 40.00% 40.00% 80.00% 80.00% 80.00%
Effective Gearing 4.82x 4.95x 2.43x 2.60x 1.84x
Gearing 8.73x 10.32x 3.81x 4.27x 2.56x
Premium 14.54% 19.38% 27.15% 29.03% 32.66%
This data may not be comparable to similar information provided by other issuers of derivative warrants. Each issuer may use
different pricing models.

2
What happens at expiry?

Each series of the Warrants will be automatically exercised on the relevant Expiry Date. You will not be
required to deliver any exercise notice.

How much will you receive at expiry?

You will receive a Cash Settlement Amount (if positive) per Board Lot in Hong Kong dollars calculated as
follows within three business days after the relevant Expiry Date:

Entitlement x (Average Price - Exercise Price) x one Board Lot
Cash Settlement Amount per Board Lot =
Number of Warrants per Entitlement

You are responsible for any charges or expenses including any taxes or duties which are incurred in respect of
the exercise of the Warrants (“Exercise Expenses”). We will deduct the Exercise Expenses (if any) from the
Cash Settlement Amount due to you (if any). If the Cash Settlement Amount in respect of a series of Warrants is
equal to or less than the Exercise Expenses, then such series of Warrants shall be deemed to expire on the
relevant Expiry Date without value.

“Average Price” means the arithmetic mean of the closing prices of one Share (as derived from the Daily
Quotation Sheet of the Stock Exchange) for each of the five business days immediately preceding the relevant
Expiry Date, subject to adjustment in accordance with the products conditions of the Warrants.

Listing of the Warrants

We will make an application to the Stock Exchange for the listing of, and permission to deal in, the Warrants
on the Stock Exchange.

Where do you obtain quotes?

You may request to obtain a quote for your Warrants by calling the following telephone number:

Liquidity Provider: ABN AMRO Asia Limited
Broker ID Number: 9621
Address: 40th Floor, Cheung Kong Center, 2 Queen’s Road Central, Hong Kong
Telephone number: +852 2700 5800

We do not have any special arrangements in place with any brokers with respect to our Warrants.

Where can you inspect the relevant documents?

You may inspect the following documents (“Listing Documents”), each in separate English and Chinese
versions, from the Issue Date until the relevant Expiry Date at the Sponsor’s offices (currently at 38th Floor,
Cheung Kong Center, 2 Queen’s Road Central, Hong Kong):

1 our base listing document dated 19 April 2007; and
2 the supplemental listing document for each series of the Warrants to be dated on or about 12 October
2007.

3

IMPORTANT INFORMATION

Unsecured nature of the Warrants
The Warrants constitute our general unsecured contractual obligations and of no other person and will rank
equally among themselves and with all our other unsecured obligations (save for those obligations preferred by
law) upon liquidation. You are relying upon our creditworthiness and have no rights under the Warrants against
any Company.

ABN AMRO BANK N.V.

Our long term debt ratings are:

Rating agency Rating as of 8 October 2007
Moody’s Investors Service, Inc., New York Aa2
Standard and Poor’s Ratings Services
(a division of The McGraw-Hill Companies Inc.) AA-

We are a licensed bank regulated by the Hong Kong Monetary Authority. We are also regulated by, among
others, the Dutch Central Bank (De Nederlandsche Bank N.V.).

Selling restriction
The Warrants have not been and will not be registered under the United States Securities Act of 1933, as
amended (the “Securities Act”), and will not be offered, sold, delivered or traded, at any time, indirectly or
directly, in the United States or to, or for the account or benefit of, any U.S. person (as defined in the Securities
Act).

Investment risk
The price of the Warrants may fall in value as rapidly as it may rise and you may sustain a total loss of your
investment. If the Cash Settlement Amount is less than or equal to zero, the Warrants will expire worthless on the
relevant Expiry Date.

We or the Liquidity Provider may be the only market participant for the Warrants. The secondary market for the
Warrants may be limited.

You must:
• carefully study the risk factors set out in the relevant Listing Documents;
• fully understand the potential risks and rewards and independently determine whether the Warrants are
appropriate for you given your objectives, experience, financial and operational resources, and other
relevant circumstances; and
• consult with such advisers as you deem necessary to assist yourself in making these determinations.

Barclays withdraws offer for ABN AMRO
Further to previous announcements by ABN AMRO Holding N.V. (“ABN AMRO”) and/or Barclays PLC on the
proposed combination of ABN AMRO and Barclays PLC, ABN AMRO noted on 5 October 2007 the
announcement by Barclays PLC that it had withdrawn its offer for all of ABN AMRO’s shares. For further
information, please refer to the website of ABN AMRO at http://www.abnamro.com/pressroom/pressroom.jsp.

Hong Kong, 9 October 2007