FINAL TERMS DATED 11 APRIL 2011



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FINAL TERMS DATED 11 APRIL 2011 EUR 100,000,000 EURIBOR 3M FLOARED FLOATING RATE NOTE (MIN CP 3.00%); 3% RENTE PROTECT OBLIGATIE II DUE 5 MAY 2016 100% CAPITAL PROTECTION ISSUE PRICE: 100% (INDICATIVE) THE SECURITIES HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED ("SECURITIES ACT") AND THE SECURITIES MAY NOT BE EXERCISED, OFFERED, SOLD, TRANSFERRED OR DELIVERED WITHIN THE UNITED STATES OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, ANY U.S. PERSON AS DEFINED IN REGULATION S UNDER THE SECURITIES ACT. FURTHERMORE, TRADING IN THE SECURITIES HAS NOT BEEN APPROVED BY THE UNITED STATES COMMODITY FUTURES TRADING COMMISSION UNDER THE UNITED STATES COMMODITY EXCHANGEACT, AS AMENDED AND NO U.S. PERSON MAY AT ANY TIME TRADE OR MAINTAIN A POSITION IN THE SECURITIES.

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 Notes described herein (the relevant Product Conditions ) as set forth in the Base Prospectus relating to Notes dated 15 September 2010 as supplemented on 15 October 2010, 30 November 2010 and 6 April 2011 (the Base Prospectus ), and as further 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 Notes 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 Notes 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 from the Issuer at that address. 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 Notes described herein and will be attached to any Global Security representing each such Series of the Notes. 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 the Commissie voor het Bank-,Financie- en Assurantiewezen (CBFA), Commission de Surveillance du Secteur Financier (CSSF), Autorité des marches financiers (AMF), Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), the Commissione Nazionale per le Società e la Borsa (CONSOB) and the Financial Services Authority (FSA) 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 in its separate capacities as Issuer and 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 Notes has an interest material to the offer. Issuer: ABN AMRO Bank N.V., acting through its principal office at Gustav Mahlerlaan 10, 1082 PP Amsterdam, The Netherlands Clearing Agents: Centraal Instituut voor Giraal Effectenverkeer B.V.(Euroclear Netherlands); Euroclear Bank S.A./N.V. as operator of the Euroclear system; Clearstream Banking, société anonyme Subscription Period: From (and including) 11 April 2001 up to (and including)

29 April 2011 Pricing Date(s): 29 April 2011 Launch Date: 2 May 2011 As, if and when issued trading: 2, 3 and 4 May 2011 Issue Date: 5 May 2011 Listing: Euronext Amsterdam by NYSE Euronext Listing Date: 5 May 2011 Admission to trading: Announcements to Holders: Principal Agent: Agent(s): Calculation Agent: Application has been made for the Securities to be admitted to trading on Euronext Amsterdam by NYSE Euronext with effect from the Launch Date Delivered to Clearing Agents ABN AMRO Bank N.V. MF 2020 Kemelstede 2, P.O. Box 3200, 4800 DE Breda, The Netherlands ABN AMRO Bank N.V. MF 2020 Kemelstede 2, P.O. Box 3200, 4800 DE Breda, The Netherlands ABN AMRO Bank N.V., acting through its principal office at Gustav Mahlerlaan 10, 1082 PP Amsterdam, The Netherlands U.S. Selling Restriction: Form of the Securities: Amendments to General Conditions or Product Conditions: The Securities have not been and will not be registered under the United States Securities Act of 1933, as amended ("Securities Act") and the Securities may not be exercised, offered, sold, transferred or delivered within the United States or to, or for the account or benefit of, any U.S. Person as defined in Regulation S under the Securities Act. Furthermore, trading in the Securities has not been approved by the United States Commodity Futures Trading Commission under the United States Commodity Exchange Act, as amended and no U.S. Person may at any time trade or maintain a position in the Securities. Global Bearer Temporary to Permanent None

RATE NOTES Series: 3M EURIBOR Floored Floating Rate Note (MIN CP 3.00%) due 5 May 2016 3% Rente Protect Obligatie II Nominal Amount: EUR 100 Issue Price: Additional Market Disruption Events: Business Day: Business Day Convention: 100% (indicative; the final issue price will be determined on the Pricing Date) None TARGET2 Modified Following Cash Amount: Nominal Amount x 100% Emerging Market Disruption Events: Interest: Interest nature: Interest Payment Dates: The definition in Product Condition 1 applies Applicable Dirty price 5 February, 5 May, 5 August and 5 November in each year up to and including the Maturity Date, with the first Interest Payment Date being 5 August 2011 Interest Period: As stated in Product Condition 1 Interest Rate: In respect of the each Interest Period, Max (3.00%; Underlying Rate) Interest Rate Day Count Fraction: The number of days in the relevant period divided by 360 (the number of days to be calculated on the basis of a year of 360 days with twelve 30-day months (unless (i) the last day of the Interest Period is the 31st day of a month but the first day of the Interest Period is a day other than the 30th or 31st day of a month, in which case the month that includes that last day shall not be considered to be shortened to a 30-day month, or (ii) the last day of the Interest Period is the last day of the month of February, in which case the month of

February shall not be considered to be lengthened to a 30-day month)) Issuer Call: Issuer Call Cash Amount: Issuer Call Commencement Date: Issuer Call Date: Issuer Call Notice Period: Maturity Date: 5 May 2016 Reference Banks: Relevant Currency: Settlement Currency: Standard Currency: Underlying Rate(s): The principal London office of five leading dealers in the London interbank market which ordinarily provide quotations for the relevant Underlying Rate, if applicable, or any other rate requested by the Calculation Agent pursuant to Product Condition 4, as selected by the Issuer in its absolute discretion The definition in Product Condition 1 applies EUR The definition in Product Condition 1 applies The rate updated and displayed for the 3-month EURIBOR by reference to the Screen Page at or around the Valuation Time two (2) Business Days prior to the beginning of each Interest Period Screen Page: Reuters page: EURIBOR01 Relevant Number of Days: Not applicable Valuation Time: 11.00 hours a.m. Central European Time Where: TARGET Business Day means any day on which the Trans-European Automated Real-time Gross-settlement Express Transfer (TARGET2) System is open for business ISIN: NL0009411768 Common Code: 61214666

Fondscode: 72857 Other Securities Code: Valoren Code: CH12777013 WKN: A1GPF0 Indication of yield: Not applicable INFORMATION ON THE UNDERLYING Page where information about the past and future performance of the Underlying and its volatility can be obtained: Series: RESPONSIBILITY Reuters page: EURIBOR01 3M EURIBOR Floored Floating Rate Note (MIN CP 3.00%) due 5 May 2016 3% Rente Protect Obligatie II The Issuer accepts responsibility for the information contained in these Final Terms