New Country Executive for ABN AMRO in Sweden

ABN AMRO announces today that it has named Joacim Nässén as Country Executive for Sweden as per August 1, 2006. The announcement accompanies the formal rebranding of Alfred Berg on June 16 and will be an opportunity to further capitalise on the bank’s presence in Sweden. Joacim Nässén is currently Head of Global Clients and Commercial segment in Sweden. He joined the Bank in 1989 in the Structured Finance Unit and has had previous posts as a relationship banker in the Telecom sector team and from April 2003 was head of the client coverage function in Sweden. He worked for Siemens for three years. David Woods, the current Country Executive and Managing Director for Alfred Berg SE said: "Joacim brings a wealth of experience to his new position and we are confident he will help us to grow our business in Sweden in line with our ambitious plans for the country and the region." Mr. Woods will work together with Mr. Nässén to ensure a smooth transition, before stepping down, and taking on a new role within ABN AMRO at the end of the year. During the transition period, Mr. Woods will oversee the finalisation of the integration of Alfred Berg SE and the ABN AMRO bank branch in Sweden. This will be completed at the end of the year. As announced previously, Alfred Berg SE will be rebranded on June 16 to ABN AMRO Securities (Nordics) SE. Alfred Berg Asset Management will also be rebranded and will be named ABN AMRO Asset Management. The rebranding coincides with the arrival of TEAM ABN AMRO in Gothenburg for the finish of the Volvo Ocean Race.