ABN AMRO Bank N.V. The Royal Bank of Scotland N.V.

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1 On 6 February 2010 ABN AMRO Bank N.V. (regisered wih he Duch Chamber of Commerce under number ) changed is name o The Royal Bank of Scoland N.V. and on 1 April 2010 ABN AMRO Holding N.V. changed is name o RBS Holdings N.V. and all references in he aached documen o "ABN AMRO Bank N.V." should be read as references o "The Royal Bank of Scoland N.V." and all references o ABN AMRO Holding N.V., should be read as references o RBS Holdings N.V.. These name changes are no changes o eiher he legal eniy which issued your securiies or he guaranor of hem and hey do no affec any of he erms and condiions of your securiies. For furher informaion on The Royal Bank of Scoland N.V. or RBS Holdings N.V., and heir financial saus please refer o he curren Regisraion Documen for RBS Holdings N.V. and The Royal Bank of Scoland N.V., which is available a hp://markes.rbs.com/bparchive/ and o he documens on file a hp:// Since 6 February 2010 he name ABN AMRO Bank N.V. has been used by a separae legal eniy (regisered wih he Duch Chamber of Commerce under number ), his eniy became wholly owned by he Sae of he Neherlands on 1 April Neiher he new eniy named ABN AMRO Bank N.V. nor he Sae of he Neherlands will, in any way, guaranee or oherwise suppor he obligaions under your securiies, issued by The Royal Bank of Scoland N.V. (formerly ABN AMRO Bank N.V.), regisered wih he Duch Chamber of Commerce under number The Royal Bank of Scoland N.V., esablished in Amserdam, The Neherlands. Regisered wih he Chamber of Commerce in The Neherlands, no Auhorised by De Nederlandsche Bank N.V. and regulaed by he Auhoriy for he Financial Markes in The Neherlands. The Royal Bank of Scoland N.V. is an auhorised agen of The Royal Bank of Scoland plc.

2 FINAL TERMS DATED 28 APRIL ,500,000 OPEN END QUANTO CERTIFICATES ON A BASKET OF FUNDS MERRILL LYNCH MOMENTUM CERTIFICAAT ISSUE PRICE: EUR 10.10

3 FINAL TERMS Terms used herein shall be deemed o be defined as such for he purposes of he General Condiions and he Produc Condiions applicable o each Series of Cerificaes described herein (he relevan Produc Condiions ) as se forh in he Base Prospecus relaing o Cerificaes daed 1 July 2005 as supplemened on 22 November 2005, 13 December 2005, 13 April 2006, and 28 April 2006 (ogeher, he Base Prospecus ) which consiues a base prospecus for he purposes of he Prospecus Direcive (Direcive 2003/71/EC) (he Prospecus Direcive ). This documen consiues he Final Terms of each Series of he Cerificaes described herein for he purposes of Aricle 5.4 of he Prospecus Direcive and mus be read in conjuncion wih he Base Prospecus. Full informaion on he Issuer and each Series of he Cerificaes described herein is only available on he basis of he combinaion of hese Final Terms and he Base Prospecus. The Base Prospecus is available for viewing a he regisered office of he Issuer a Gusav Mahlerlaan 10, 1082 PP Amserdam, The Neherlands and copies may be obained from he Issuer a ha address. These Final Terms relae o he Securiies and mus be read in conjuncion wih, and are subjec o, he General Condiions and he relevan Produc Condiions conained in he Base Prospecus. These Final Terms, he relevan Produc Condiions and he General Condiions ogeher consiue he Condiions of each Series of he Cerificaes described herein and will be aached o he Global Securiy represening each such Series of he Cerificaes. In he even of any inconsisency beween hese Final Terms and he General Condiions or he relevan Produc Condiions, hese Final Terms will govern. The Neherlands Auhoriy for he Financial Markes has provided he [names of compeen auhoriies of hos Member Saes] wih a cerificae of approval aesing ha he Base Prospecus has been drawn up in accordance wih he Prospecus Direcive. So far as he Issuer is aware, no person (oher han he Issuer in is separae capaciies as Issuer and Calculaion Agen, see Risk Facors Acions aken by he Calculaion Agen may affec he Underlying in he Base Prospecus) involved in he issue of he Cerificaes has an ineres maerial o he offer. Issuer: Clearing Agens: ABN AMRO Bank N.V., acing hrough is principal office a Gusav Mahlerlaan 10, 1082 PP Amserdam, The Neherlands or is London branch a 250 Bishopsgae, London EC2M 4AA Cenraal Insiuu voor Giraal Effecenverkeer B.V. (Euroclear Neherlands) Euroclear Bank S.A./N.V. as operaor of he Euroclear 2

4 sysem Clearsream Banking, sociéé anonyme Launch Dae: 29 May 2006 Issue Dae: 2 June 2006 Lising: Eurolis by Euronex Amserdam Admission o rading: Applicaion has been made for he Securiies o be admied o rading on Euronex Amserdam N.V. wih effec from 29 May 2006 Announcemens o Holders: Delivered o Clearing Agens Principal Agen: ABN AMRO Bank N.V. MF 2020 Kemelsede 2, P.O. Box 3200, 4800 DE Breda, The Neherlands Agen(s): ABN AMRO Bank N.V., 250 Bishopsgae, London EC2M 4AA Calculaion Agen: ABN AMRO Bank N.V., 250 Bishopsgae, London EC2M 4AA Indicaion of yield: 3

5 FUND BASKET OPEN END QUANTO CERTIFICATES Series: Fund Baske Open End Quano Cerificaes Issue Price: EUR 10.10, including 1% upfron fee. Annual Fee: 1% Baske: Baske Consiuen Bloomberg: Iniial Weigh Merrill Lynch Inernaional Invesmen Fund MERENER LX Equiy 25% World Energy Fund Merrill Lynch Inernaional Invesmen Fund MIGGMFI LX Equiy 25% World Gold Fund Merrill Lynch Inernaional Invesmen Fund MERNEWA LX Equiy 25% New Energy Fund Merrill Lynch Inernaional Invesmen Fund MIGWMFA LX Equiy 25% World Mining Fund Baske Launch Dae 29 May 2006 Baske Level I 0 = Iniial Baske Level; and I n = I( RW 1) W i= 1 i UF i, UF( RW 1) i Business Day Cash Amoun I = The Baske Level on Trading Day ; I (RW-1) = The Baske Level wih regard o he previous Re-weighing Dae based on he Noional Transacion Price; W i = The Weigh allocaed o Baske Consiuen i (i = 1 4); UF i, = The Noional Transacion Price of Baske Consiuen i on Trading Day ; UF(RW-1) i, = The Noional Transacion Price of Baske Consiuen i wih regard o he previous Re-weighing Dae. The definiion in Produc Condiion 1 applies 4

6 Cerificae Value: I CV = CV -1 MF QMF I 1 CV = Cerificae Value on Trading Day CV -1 = Cerificae Value on Trading Day -1 I = Baske Level on Trading Day as announced by he Calculaion Agen I -1 = Baske Level on Trading Day -1 as announced by he Calculaion Agen MF = Managemen Fee on Trading Day QMF = Quano Mainenance Fee on Trading Day CV 0 = EUR 10 Enilemen: Exercise Dae: The hird Business Day preceding he scheduled Valuaion Dae, as provided in Produc Condiion 3 Exercise Time: 10.00am Cenral European Time Final Reference Price Iniial Baske Level USD 100 Iniial Quano Mainenance Fee Level: 3.45 per cen. per annum Issuer Call Commencemen Dae: Issuer Call Noice Period: Managemen Fee: Quano Mainenance Fee he firs Business Day following he one year period from and including he Issue Dae Three monhs MF = Fee DCF, 1 MF = Managemen Fee on Trading Day Fee = Annual Fee DCF -1, = Day Coun Fracion beween (-1) and Trading Days; QMF = QMFL 1 DCF 1, Quano Mainenance Fee Level QMF = Quano Mainenance Fee on Trading Day ; QMFL -1 = Quano Mainenance Fee Level Trading Day (- 1); DCF -1, = Day Coun Fracion beween (-1) and Trading Days; If he Issuer realises a profi when arranging he Exchange Rae he Quano Mainenance Fee could be negaive. The definiion in Produc Condiion 1 applies 5

7 Rae Re-weighing Daes: 3 monhs afer he Baske Launch Dae and every hree monhs hereafer commencing on 29 Augus 2006 Re-weighing Table - 40% in he Baske Consiuen wih he bes Performance; - 30% in he Baske Consiuen wih he second bes Performance; - 20% in he Baske Consiuen wih he hird bes Performance; - 10% in he Baske Consiuen wih he fourh bes Performance. Selemen Currency: EUR Selemen Dae: The fifh Business Day following he Valuaion Dae or he Issuer Call Dae, as he case may be Trading Day Any day on which rading in a Baske Consiuen can ake place. Underlying Currency: USD Valuaion Dae: The las Trading Day of March in each year, commencing from and including March 2008 ISIN: NL Common Code: Fondscode: WKN: Oher Securiies Code: INFORMATION ON THE UNDERLYING Bloomberg page where informaion abou he pas and fuure performance of he Underlying and is volailiy can be obained: MERENER LX Equiy, MIGGMFI LX Equiy, MERNEWA LX Equiy, MIGWMFA LX Equiy RESPONSIBILITY The Issuer acceps responsibiliy for he informaion conained in hese Final Terms. 6

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