Announcement - ABN AMRO Markets

Announcement
relating to
Turbo certificates of ABN AMRO Bank N.V. (the “Issuer”)
On 14 April 2011 TNT N.V. announced a spin-off of its express business TNT Express, whereby shareholders will receive one TNT
Express share for one TNT shares held. In their General Meeting on 25 May 2011 shareholders of TNT N.V. approved the spin-off. This
event qualifies as a Potential Adjustment Event as referred to in Product Condition 4(b) relating to single stock turbo long/short
certificates as set forth in the Base Prospectus relating to Turbos dated 24 September 2010. Accordingly, the Issuer makes the following
adjustments to the Product Conditions applicable to the Series of Turbo Certificates as specified in the respective Final Terms, effective
as of 26 May 2011:
ISIN
Current
Financing Level
before the
Potential
Adjustment
Event
Current
Financing Level
after the
Potential
Adjustment
Event
Stop Loss Price
before the
Potential
Adjustment
Event
Stop Loss Price
after the
Potential
Adjustment
Event
Entitlement
before the
Potential
Adjustment
Event
Entitlement after
the Potential
Adjustment
Event
NL0009634096 13.993 6.579 15.1 7.1 1 2.12658
NL0009634104 13.029 6.126 14 6.6 1 2.12658
NL0009642974 11.193 5.263 12.1 5.7 1 2.12658
In addition, the shareholders of TNT N.V. approved the renaming of TNT N.V. into PostNL N.V. In consequence the Reuters page is
amended to PTNL.AS and the Bloomberg page is amended to PNL NA Equity.
Amsterdam, 26 May 2011
ABN AMRO Bank N.V.
0

DATED 30 NOVEMBER 2010
ABN AMRO BANK N.V.
500,000 AEGON TURBO SHORT CERTIFICATES ISSUE PRICE EUR 0.93
500,000 AEGON TURBO SHORT CERTIFICATES ISSUE PRICE EUR 0.71
100,000 BMW TURBO SHORT CERTIFICATES ISSUE PRICE EUR 2.20
100,000 BMW TURBO SHORT CERTIFICATES ISSUE PRICE EUR 1.77
100,000 BMW TURBO LONG CERTIFICATES ISSUE PRICE EUR 0.51
100,000 CORIO N.V. TURBO LONG CERTIFICATES ISSUE PRICE EUR 11.66
100,000 DEXIA S.A. TURBO SHORT CERTIFICATES ISSUE PRICE EUR 0.63
100,000 DEXIA S.A. TURBO LONG CERTIFICATES ISSUE PRICE EUR 0.84
500,000 ING GROEP TURBO SHORT CERTIFICATES ISSUE PRICE EUR 1.03
500,000 ING GROEP TURBO LONG CERTIFICATES ISSUE PRICE EUR 1.86
1

500,000 KBC GROEP N.V. TURBO SHORT CERTIFICATES ISSUE PRICE EUR 0.50
100,000 KONINKLIJKE BOSKALIS WESTMINSTER NV TURBO SHORT CERTIFICATES ISSUE PRICE EUR 1.27
100,000 KONINKLIJKE BOSKALIS WESTMINSTER NV TURBO SHORT CERTIFICATES ISSUE PRICE EUR 0.40
100,000 REED ELSEVIER N.V. TURBO SHORT CERTIFICATES ISSUE PRICE EUR 1.03
100,000 REED ELSEVIER N.V. TURBO LONG CERTIFICATES ISSUE PRICE EUR 2.53
500,000 ROYAL DUTCH SHELL PLC TURBO SHORT CERTIFICATES ISSUE PRICE EUR 2.17
100,000 TNT N.V. TURBO SHORT CERTIFICATES ISSUE PRICE EUR 8.55
100,000 TNT N.V. TURBO SHORT CERTIFICATES ISSUE PRICE EUR 2.07
100,000 TNT N.V. TURBO LONG CERTIFICATES ISSUE PRICE EUR 7.11
100,000 TOMTOM TURBO SHORT CERTIFICATES ISSUE PRICE EUR 1.89
100,000 TOMTOM TURBO LONG CERTIFICATES ISSUE PRICE EUR 1.73
2

FINAL TERMS
Terms used herein shall be deemed to be defined as such for the purposes of the General Conditions and the Product Conditions applicable to each Series of
Turbo certificates described herein (the “relevant Product Conditions”) as set forth in the Base Prospectus relating to Turbos dated 24 September 2010 (the
“Base Prospectus”) as supplemented from time to time which constitutes a base prospectus for the purposes of the Prospectus Directive (Directive
2003/71/EC) (the “Prospectus Directive”). This document constitutes the Final Terms of each Series of the Turbo certificates described herein for the
purposes of Article 5.4 of the Prospectus Directive and must be read in conjunction with the Base Prospectus as so supplemented. Full information on the
Issuer and each Series of the Turbo certificates described herein is only available on the basis of the combination of these Final Terms and the Base
Prospectus as so supplemented. The Base Prospectus as so supplemented is available for viewing at the registered office of the Issuer at Gustav Mahlerlaan
10, 1082 PP Amsterdam, The Netherlands and copies may be obtained free of charge from the Issuer at that address and on www.abnamro.com.
These Final Terms must be read in conjunction with, and are subject to, the General Conditions and the relevant Product Conditions contained in the Base
Prospectus as so supplemented. These Final Terms, the relevant Product Conditions and the General Conditions together constitute the Conditions of each
Series of the Turbo certificates described herein and will be attached to the Global Certificate representing each such Series of the Turbo Certificates. In the
event of any inconsistency between these Final Terms and the General Conditions or the relevant Product Conditions, these Final Terms will govern.
The Netherlands Authority for the Financial Markets has provided the Banking, Finance and Insurance Commission (CBFA) in Belgium with a certificate
of approval attesting that the Base Prospectus has been drawn up in accordance with the Prospectus Directive.
So far as the Issuer is aware, no person (other than the Issuer and the Calculation Agent, see “Risk Factors – Actions taken by the Calculation Agent may
affect the Underlying” in the Base Prospectus) involved in the issue of the Turbo certificates has an interest material to the offer.
3

Issuer:
ABN AMRO Bank N.V., acting through its principal office at Gustav
Mahlerlaan 10, 1082 PP Amsterdam, The Netherlands
Clearing Agents:
Euroclear Netherlands N.V., Amsterdam, Netherlands
Pricing Date(s): 30 November 2010
Subscription Period:
Not Applicable
“As, If and When” issued Trading:
Not Applicable
Issue Date: 1 December 2010
Listing:
Euronext Amsterdam
Listing Date: 1 December 2010
Admission to trading:
Application has been made for the Securities to be admitted to trading on
NYSE Euronext in Amsterdam with effect from 1 December 2010
Announcements to Holders:
Delivered to Clearing Agents
Principal Agent:
Goldman Sachs International, London, UK
Paying Agent(s):
Citibank International plc, Breda
Calculation Agent:
Goldman Sachs International, London, UK
Dealer:
Goldman Sachs International, London, UK
Indication of yield:
Not Applicable
Amendments to General Conditions or Product Conditions:
Amendments to the General Conditions and/or Product Conditions as required
by applicable consumer protection and other laws and/or clearing system and
exchange rules. Such amendments may be (i) deletion of one or more General
Conditions and/or Product Conditions in part or in its entirety; (ii) addition of
disclosure and/or publication requirements; (iii) addition of clearing system
details and applicable clearing rules and arrangements agreed between the
Issuer and the relevant clearing system; and (iv) other changes which are not
materially prejudicial to the interest of the holders of Securities.
4

SINGLE STOCK TURBO CERTIFICATES
TABLE 1 – SPECIFIC PRODUCT TERMS (MULTI-ISSUANCES):
ISIN /
Common Code /
Mnemonic
NL0009642719 /
052983789 / 5286A
NL0009642727 /
052983797 / 5287A
NL0009642735 /
052983819 / 5288A
NL0009642743 /
052983827 / 5289A
NL0009642750 /
052983835 / 5290A
NL0009642784 /
052983860 / 5293A
NL0009642792 /
052983878 / 5294A
NL0009642800 /
052983886 / 5295A
NL0009642917 /
052984009 / 5306A
Underlying
(Share)
Series
(Type)
Issue Size / Issue
Price (in EUR) /
Settlement
Currency
Aegon N.V. Short 500,000 / 0.93 /
EUR
Aegon N.V. Short 500,000 / 0.71 /
EUR
Bayerische
Motoren Werke
AG (BMW)
Bayerische
Motoren Werke
AG (BMW)
Bayerische
Motoren Werke
AG (BMW)
Short 100,000 / 2.20 /
EUR
Short 100,000 / 1.77 /
EUR
Long 100,000 / 0.51 /
EUR
Corio N.V. Long 100,000 / 11.66 /
EUR
Dexia S.A. Short 100,000 / 0.63 /
EUR
Dexia S.A. Long 100,000 / 0.84 /
EUR
ING Groep N.V Short 500,000 / 1.03 /
EUR
Current Financing Level on the Issue
Date (in the Financing Level
Currency) / Current Financing Level
Rounding / Financing Level Currency
Stop Loss Price on the Issue
Date (in the Financing
Level Currency) / Stop Loss
Price Rounding
Current Spread on the Issue Date /
Current Stop Loss Premium Rate on the
Issue Date / Maximum Spread /
Maximum Premium / Minimum
Premium
Valuation Date
5.223 / 0.001 / EUR 4.7 / 0.1 2%/ 10%/ 2%/ 30%/ 5% The Business Day
on which the
Securities are validly
exercised
5 / 0.001 / EUR 4.5 / 0.1 2%/ 10%/ 2%/ 30%/ 5% The Business Day
on which the
Securities are validly
exercised
79.463 / 0.001 / EUR 73.9 / 0.1 2%/ 7%/ 2%/ 18%/ 3% The Business Day
on which the
Securities are validly
exercised
75.162 / 0.001 / EUR 69.9 / 0.1 2%/ 7%/ 2%/ 18%/ 3% The Business Day
on which the
Securities are validly
exercised
52.429 / 0.001 / EUR 56.1 / 0.1 2%/ 7%/ 2%/ 18%/ 3% The Business Day
on which the
Securities are validly
exercised
33.581 / 0.001 / EUR 36.1 / 0.1 2%/ 7.5%/ 2%/ 30%/ 5% The Business Day
on which the
Securities are validly
exercised
3.5556 / 0.0001 / EUR 3.2 / 0.1 2%/ 10%/ 2%/ 30%/ 5% The Business Day
on which the
Securities are validly
exercised
2.0909 / 0.0001 / EUR 2.3 / 0.1 2%/ 10%/ 2%/ 30%/ 5% The Business Day
on which the
Securities are validly
exercised
8 / 0.001 / EUR 7.4 / 0.1 2%/ 7.5%/ 2%/ 30%/ 5% The Business Day
on which the
Entitlement
1
1
0.1
0.1
0.1
1
1
1
1
5

ISIN /
Common Code /
Mnemonic
NL0009642925 /
052984017 / 5307A
NL0009642933 /
052984025 / 5308A
NL0009642768 /
052983843 / 5291A
NL0009642776 /
052983851 / 5292A
NL0009642818 /
052983894 / 5296A
NL0009642826 /
052983908 / 5297A
NL0009642941 /
052984033 / 5309A
NL0009642958 /
052984041 / 5310A
NL0009642966 /
052984050 / 5311A
NL0009642974 /
052984068 / 5312A
Underlying
(Share)
Series
(Type)
Issue Size / Issue
Price (in EUR) /
Settlement
Currency
ING Groep N.V Long 500,000 / 1.86 /
EUR
KBC
N.V.
GROEP
Koninklijke
Boskalis
Westminster NV
Koninklijke
Boskalis
Westminster NV
Reed
N.V.
Reed
N.V.
Elsevier
Elsevier
Royal Dutch Shell
plc
Short 500,000 / 0.50 /
EUR
Short 100,000 / 1.27 /
EUR
Short 100,000 / 0.40 /
EUR
Short 100,000 / 1.03 /
EUR
Long 100,000 / 2.53 /
EUR
Short 500,000 / 2.17 /
EUR
TNT N.V. Short 100,000 / 8.55 /
EUR
TNT N.V. Short 100,000 / 2.07 /
EUR
TNT N.V. Long 100,000 / 7.11 /
EUR
Current Financing Level on the Issue
Date (in the Financing Level
Currency) / Current Financing Level
Rounding / Financing Level Currency
Stop Loss Price on the Issue
Date (in the Financing
Level Currency) / Stop Loss
Price Rounding
Current Spread on the Issue Date /
Current Stop Loss Premium Rate on the
Issue Date / Maximum Spread /
Maximum Premium / Minimum
Premium
Valuation Date
Securities are validly
exercised
5.116 / 0.001 / EUR 5.5 / 0.1 2%/ 7.5%/ 2%/ 30%/ 5% The Business Day
on which the
Securities are validly
exercised
32.325 / 0.001 / EUR 29.9 / 0.1 2%/ 7.5%/ 2%/ 30%/ 5% The Business Day
on which the
Securities are validly
exercised
45.298 / 0.001 / EUR 41.9 / 0.1 2%/ 7.5%/ 2%/ 30%/ 5% The Business Day
on which the
Securities are validly
exercised
36.649 / 0.001 / EUR 33.9 / 0.1 2%/ 7.5%/ 2%/ 30%/ 5% The Business Day
on which the
Securities are validly
exercised
10.163 / 0.001 / EUR 9.4 / 0.1 2%/ 7.5%/ 2%/ 18%/ 3% The Business Day
on which the
Securities are validly
exercised
6.604 / 0.001 / EUR 7.1 / 0.1 2%/ 7.5%/ 2%/ 18%/ 3% The Business Day
on which the
Securities are validly
exercised
25.406 / 0.001 / EUR 23.5 / 0.1 2%/ 7.5%/ 2%/ 30%/ 5% The Business Day
on which the
Securities are validly
exercised
26.919 / 0.001 / EUR 24.9 / 0.1 2%/ 7.5%/ 2%/ 30%/ 5% The Business Day
on which the
Securities are validly
exercised
20.433 / 0.001 / EUR 18.9 / 0.1 2%/ 7.5%/ 2%/ 30%/ 5% The Business Day
on which the
Securities are validly
exercised
11.255 / 0.001 / EUR 12.1 / 0.1 2%/ 7.5%/ 2%/ 30%/ 5% The Business Day
on which the
Securities are validly
exercised
NL0009642982 / TomTom Short 100,000 / 1.89 / 9.1342 / 0.0001 / EUR 7.49 / 0.01 2%/ 18%/ 2%/ 30%/ 5% The Business Day 1
Entitlement
1
0.1
0.1
0.1
1
1
1
1
1
1
6

ISIN /
Common Code /
Mnemonic
Underlying
(Share)
Series
(Type)
Issue Size / Issue
Price (in EUR) /
Settlement
Currency
Current Financing Level on the Issue
Date (in the Financing Level
Currency) / Current Financing Level
Rounding / Financing Level Currency
Stop Loss Price on the Issue
Date (in the Financing
Level Currency) / Stop Loss
Price Rounding
Current Spread on the Issue Date /
Current Stop Loss Premium Rate on the
Issue Date / Maximum Spread /
Maximum Premium / Minimum
Premium
Valuation Date
052984076 / 5313A EUR on which the
Securities are validly
exercised
NL0009642990 /
052984084 / 5314A
TomTom Long 100,000 / 1.73 /
EUR
5.5169 / 0.0001 / EUR 6.51 / 0.01 2%/ 18%/ 2%/ 30%/ 5% The Business Day
on which the
Securities are validly
exercised
Entitlement
1
TABLE 2 – INFORMATION ON THE UNDERLYING (MULTI-ISSUANCES):
Underlying Share Company ISIN / Reuters page / Bloomberg page Exchange Relevant
Currency
Ordinary Shares of Aegon N.V. Aegon N.V. NL0000303709 / AEGN.AS / AGN NA
Equity
Ordinary Shares of Bayerische Motoren Werke
AG (BMW)
Ordinary Shares of Koninklijke Boskalis
Westminster NV
Bayerische Motoren Werke AG
(BMW)
Koninklijke
Westminster NV
Boskalis
DE0005190003 / BMWG.DE / BMW
GY Equity
NL0000852580 / BOSN.AS / BOKA NA
Equity
Ordinary Shares of Corio N.V. Corio N.V. NL0000288967 / COR.AS / CORA NA
Equity
Ordinary Shares of Dexia S.A. Dexia S.A. BE0003796134 / DEXI.BR / DEXB BB
Equity
Ordinary Shares of ING Groep N.V ING Groep N.V NL0000303600 / ING.AS / INGA NA
Equity
Ordinary Shares of KBC GROEP N.V. KBC GROEP N.V. BE0003565737 / KBC.BR / KBC BB
Equity
Ordinary Shares of Reed Elsevier N.V. Reed Elsevier N.V. NL0006144495 / ELSN.AS / REN NA
Equity
Ordinary Shares of Royal Dutch Shell plc Royal Dutch Shell plc GB00B03MLX29 / RDSa.AS / RDSA
NA Equity
Ordinary Shares of TNT N.V. TNT N.V. NL0000009066 / TNT.AS / TNT NA
Equity
Ordinary Shares of TomTom TomTom NL0000387058 / TOM2.AS / TOM2 NA
Equity
EURONEXT
Amsterdam
Notional
Amount
Dividend
Underlying website
EUR Applicable www.euronext.com
XETRA EUR Applicable www.deutscheboerse.com
EURONEXT
Amsterdam
EURONEXT
Amsterdam
EURONEXT
Brussels
EURONEXT
Amsterdam
EURONEXT
Brussels
EURONEXT
Amsterdam
EURONEXT
Amsterdam
EURONEXT
Amsterdam
EURONEXT
Amsterdam
EUR Applicable www.euronext.com
EUR Applicable www.euronext.com
EUR Applicable www.euronext.com
EUR Applicable www.euronext.com
EUR Applicable www.euronext.com
EUR Applicable www.euronext.com
EUR Applicable www.euronext.com
EUR Applicable www.euronext.com
EUR Applicable www.euronext.com
7

Series: As specified in Table 1
Issue Price: As specified in Table 1
Additional Market Disruption Events:
None
Business Day: As specified in Product Condition 1
Cash Amount: As specified in Product Condition 1
Share: As specified in Table 1 and Table 2
Share Company: As specified in Table 2
Current Financing Level on the Issue Date: As specified in Table 1
Current Financing Level Rounding:
Current Spread on the Issue Date: As specified in Table 1
Current Stop Loss Premium Rate on the Issue Date: As specified in Table 1
Emerging Market Disruption Events: As stated in Product Condition 1
Entitlement: As specified in Table 1
Exchange: As specified in Table 2
upwards (in case of Long Certificates) and downwards (in case of Short Certificates) to the
next whole unit of the Financing Level Currency as specified in Table 1
Exercise Time:
11.00am Amsterdam Time
Final Reference Price: As specified in Product Condition 1
Financing Level Currency: As specified in Table 1
Issuer Call Commencement Date:
The first Business Day following the Issue Date
Maximum Premium: As specified in Table 1
Maximum Spread: As specified in Table 1
Minimum Premium: As specified in Table 1
Notional Dividend Amount: As specified in Table 2
Notional Dividend Period: As specified in Product Condition 1
Relevant Currency: As stated in Product Condition 1
Relevant Number of Trading Days:
For the purposes of:
Issuer Call Date: 5, or in respect of an Emerging Market Disruption Event only, 180
Valuation Date: 5, or in respect of an Emerging Market Disruption Event only, 180
Reset Date:
Each Business Day, at the determination of the Calculation Agent
Securities Exchange:
NYSE Euronext in Amsterdam
Settlement Currency: As specified in Table 1
Settlement Date:
Standard Currency: As stated in Product Condition 1
Stop Loss Event: As specified in Product Condition 1
Up to the fifth Business Day following the Valuation Date, the last day of the Stop Loss
Termination Valuation Period or the Issuer Call Date, as the case may be
Stop Loss Price on the Issue Date: As specified in Table 1
Stop Loss Price Rounding:
upwards (in case of Long Certificates) and downwards (in case of Short Certificates) to the
8

next whole unit of the Financing Level Currency as specified in Table 1
Stop Loss Reset Date:
15th day
Stop Loss Termination Reference Price: As specified in Product Condition 1
Valuation Date: As specified in Table 1
ISIN: As specified in Table 1
Common Code: As specified in Table 1
Other Securities Code: As specified in Table 1
INFORMATION ON THE UNDERLYING
Page where information about the past and future performance of
the Underlying and its volatility can be obtained:
As specified in Table 2
9

RESPONSIBILITY
The Issuer accepts responsibility for the information contained in these Final Terms.
10