Joint statement re. ABN AMRO

Banco Santander Central Hispano SA
14 May 2007




14 May 2007 - Fortis, RBS and Santander Announcement

Following recent speculation, Fortis, RBS and Santander (collectively, the
'Banks') wish to clarify certain aspects of the Acquisition Proposal for LaSalle
submitted by the Banks to ABN AMRO on 5 May 2007. The Banks are disclosing a
number of private documents following close consultation with the Autoriteit
Financiele Markten ('AFM').

• The price proposed for LaSalle was $24.5 billion. The Acquisition
Proposal for LaSalle was conditional, inter alia, on an offer for ABN AMRO by
the Banks being completed.

• As already announced, the Banks committed to making their offer for ABN
AMRO if the Banks' Acquisition Proposal for LaSalle was accepted by ABN AMRO and
not matched by Bank of America. The offer would have been consistent with the
terms announced on 25 April 2007.

• Under the terms of the sale contract between ABN AMRO and Bank of
America the deadline for an Acquisition Proposal for LaSalle to be agreed by ABN
AMRO was '11.59 p.m., New York time' on 6 May. On 6 May, ABN AMRO rejected the
Banks' Acquisition Proposal for LaSalle and the deadline passed.

The documents relating to the Banks' Acquisition Proposal for LaSalle and the
accompanying memorandum on the Banks' offer for ABN AMRO are available on the
Banks' websites, together with related formal correspondence from 1 May and 3
May 2007. Issues addressed in the memorandum included execution, financing,
regulatory approvals and the division of assets among the Banks. The memorandum
was, however, put forward in the context of obtaining agreement on the
acquisition of LaSalle and a recommendation from the Boards of ABN AMRO for an
offer by the Banks for the ABN AMRO Group as a whole.

The Banks' proposals for the acquisition of ABN AMRO as detailed on 25 April
2007 are still under consideration by the Banks and are pre-conditional, inter
alia, on LaSalle remaining in the ABN AMRO group.

Under the timetable set by Dutch public offer rules, the Banks will make a
further statement regarding their position on or before 27 May 2007.

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Important Information

This announcement is made pursuant to article 9b(1) of the Dutch Decree on the
Supervision of the Securities Trade 1995.

In connection with the potential transaction involving ABN AMRO, the Banks
expect to file with the U.S. Securities and Exchange Commission (the 'SEC') a
Registration Statement on Form F-4, which will constitute a prospectus, as well
as a Tender Offer Statement on Schedule TO and other relevant materials.
INVESTORS ARE URGED TO READ ANY DOCUMENTS REGARDING THE POTENTIAL TRANSACTION IF
AND WHEN THEY BECOME AVAILABLE, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION.
Investors will be able to obtain a copy of such documents without charge, at the
SEC's website (http://www.sec.gov) once such documents are filed with the SEC.
Copies of such documents may also be obtained from each Bank, without charge,
once they are filed with the SEC.

This communication shall not constitute an offer to sell or the solicitation of
an offer to buy any securities, nor shall there be any sale of securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of any such
jurisdiction. This press release is not an offer of securities for sale into the
United States. No offering of securities shall be made in the United States
except pursuant to registration under the U.S. Securities Act of 1933, as
amended, or an exemption therefrom.

Forward-Looking Statements

This announcement includes certain 'forward-looking statements'. These
statements are based on the current expectations of the Banks and are naturally
subject to uncertainty and changes in certain circumstances. Forward-looking
statements include any synergy statements and, without limitation, other
statements typically containing words such as 'intends', 'expects',
'anticipates', 'targets', 'plans', 'estimates' and words of similar import. By
their nature, forward-looking statements involve risk and uncertainty because
they relate to events and depend on circumstances that will occur in the future.
There are a number of factors that could cause actual results and developments
to differ materially from those expressed or implied by such forward-looking
statements. These factors include, but are not limited to, the presence of a
competitive offer for ABN AMRO, satisfaction of any pre-conditions or conditions
to the potential transaction, including receipt of required regulatory and
anti-trust approvals, the successful completion of the offer or any subsequent
compulsory acquisition procedure, the anticipated benefits of the potential
transaction (including anticipated synergies) not being realized, the separation
and integration of ABN AMRO and its assets among the Banks being materially
delayed or more costly or difficult than expected, as well as additional
factors, such as changes in economic conditions, changes in the regulatory
environment, fluctuations in interest and exchange rates, the outcome of
litigation and government actions. Other unknown or unpredictable factors could
cause actual results to differ materially from those in the forward-looking
statements. None of the Banks undertake any obligation to update publicly or
revise forward-looking statements, whether as a result of new information,
future events or otherwise, except to the extent legally required.
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Fortis N.V., Archimedeslaan 6, 3584 BA Utrecht, Netherlands; Fortis S.A./N.V.,
Rue Royale 20, 1000 Brussels, Belgium


The Royal Bank of Scotland Group plc, Head Office, Gogarburn, Edinburgh EH12
1HQ, UK. Registered Office, 36 St Andrew Square, Edinburgh EH2 2YB. Registered
in Scotland No 45551


Banco Santander Central Hispano, S.A., Ciudad Grupo Santander, Avenida de
Cantabria, s/n, 28660 Boadilla del Monte, Madrid, Spain







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