ABN AMRO announces the completion of a sale and leaseback of its London headquarters located at 250 Bishopsgate.

The bank has sold the building to a special purpose vehicle created by Evans Randall, a privately held investment bank, for GBP 175 million. ABN AMRO has committed to remain as a tenant under a new 30 year lease.

The transaction is part of a regular review of ABN AMRO’s global property portfolio of over 3,000 buildings, which the bank evaluates to maximise efficiency.

250 Bishopsgate is a striking landmark property designed for ABN AMRO by EPR Architects and constructed in 1998.

ABN AMRO was advised in the transaction by Cushman & Wakefield Healey & Baker.
Netherlands-based ABN AMRO is a leading international bank with total assets of EUR 742.9 bln (as at 31 March 2005). It has over 3,000 branches in more than 60 countries and territories, and has a staff of about 97,000 full-time equivalents worldwide. ABN AMRO is listed on the Euronext and New York stock exchanges.

ABN AMRO operates through three Strategic Business Units, each responsible for managing a distinct client segment. Wholesale Clients provides integrated corporate and investment banking services to corporate, institutional and public sector clients worldwide. Consumer & Commercial Clients focuses on retail and SME clients in three home markets – the Netherlands, the US Midwest and Brazil and in a number of selected growth markets. Private Clients & Asset Management provides private banking services to wealthy clients and investment products to financial intermediaries and institutional clients.

More information can be found at www.abnamro.com or on Wholesale Clients at www.wholesale.abnamro.com