ABN AMRO launches EUR 100,000,000 Yield Discovery Capital Protected Notes 2006-2016 ' ABN AMRO Yield Magneet Klik Notes'
On 12 December 2005, ABN AMRO intends to launch EUR 100,000,000 Yield Discovery Capital Protected Notes 2006-2016 (' ABN AMRO Yield Magneet Klik Notes' or ' Notes' ). For the first two years, the annual coupon will be fixed at 5%. The coupon payable from 2009 up to (and including) 2016 will range from a minimum of 0% and a maximum of 8%. The coupon during this period will be determined annually and will depend upon the performance of a selection of 30 shares. This
selection is comprised of the 10 largest shares based on market capitalisation taken from the DJ EUROSTOXX 50 Index SM (Eurozone), the 10 largest shares from
the S&P 500 Index ® (United States), and the 10 largest shares from the Nikkei 300 Index (Japan). At maturity (19 January 2016) ABN AMRO will redeem 100% of
the nominal value (EUR 1,000) of the bonds to the holder. The indicative issue price is 101.5% of the nominal value. The issue price will be fixed on 13 January 2006.

The variable coupon starting in year 3 is based upon the performance of the individual shares from the start date and the ' magnet-click mechanism' . The variable coupon is calculated each year by averaging the performance of all individual shares. A negative performance of a share is minimised at -25% (floor). Stocks with a positive performance in any year are set at 8% from that year on, thereby ignoring the actual performance of that stock (magnet-click mechanism). The variable coupon has a minimum of 0% and a maximum of 8%.The subscription period for the ABN AMRO Yield Magneet Klik Notes runs from 12 December 2005 up to and including 13 January 2006 15.00 hrs (CET). Allocation: 13 January 2006. Listing on Eurolist by Euronext Amsterdam has been applied for and is expected to start on from 19 January 2006 (AIW trading on 16, 17 and 18 January 2006). Trading: per Note of EUR 1,000 nominal or in multiples thereof. Payment date: 19 January 2006. Prices will be quoted on Reuters page AAHGP and on Internet: www.abnamromarkets.nl. The prospectus and a brochure will be available at www.abnamromarkets.nl or telephone number 0900-MARKETS (0900-6275387). Read the prospectus for a more detailed description of the
risks and terms and condition of this product.
ISIN code: NL0000117778, Fondscode: 11777
Lead Manager is ABN AMRO