ABN AMRO Expects Sharp Rise in Profit in First Half 1999.

AMSTERDAM, The Netherlands--(BUSINESS WIRE)--July 26, 1999--

At the General Meeting of Shareholders of ABN AMRO Holding N.V. (NYSE: AAN) held on May 6, 1999, Mr. Jan Kalff, chairman of the Managing Board, announced that the financial year 1999 had seen a good start, and once again confirmed the feasibility of the bank's financial targets.

ABN AMRO now expects the net profit over the first half of 1999 to show a strong growth compared with the good result over the same period in 1998. All divisions contributed to this positive profit development, which was caused

partly by the favorable circumstances in the financial markets, the improved situation in Asia, good progress of business at Banco Real and the excellent quality of the loan portfolio.

The interim results of ABN AMRO Holding N.V. will be published on August 19, 1999, at 8:00 a.m. (Amsterdam time).

Based in The Netherlands, ABN AMRO is a leading international bank group with nearly $500 billion in assets, active in 74 countries with 100,000 employees worldwide. ABN AMRO is the sixth largest bank in Europe and the largest foreign bank in the US, with The LaSalle Group and Standard Federal in the Midwest and European American Bank in New York accounting for some $120 billion in assets. ABN AMRO shares trade in the US on the NYSE in ADR form, and are listed on the principal stock exchanges in Europe. The ordinary shares may be accessed on the Reuter Equities 2000 Service under the symbol AAN.AS and on Quotron under the symbol AABN.EU. Additional information is available on ABN AMRO's home page: http://www.abnamro.com.