Report of the Shareholders'Committee.
Report covering the period 21 March 1985 to
20 March 1986.
In accordance with the provisions of Article 24
(19) of the Articles of Association of Algemene
Bank Nederland N.V., the Committee hereby
reports on its activities in the period 21 March
1985 to 20 March 1986.
A report on the activities in the period 1 January
1985 to 20 March 1985 was contained in the
Annual Report of the Bank for the financial year
1984.
The Committee met on 9 January 1986. At
this meeting, the members discussed the
composition of the Supervisory Board of the
Bank. The Committee was advised that on
29 April 1986 - the day of the Annual General
Meeting of Shareholders - vacancies would arise
on the Supervisory Board as a result of the
retirement by rotation of Messrs. G. van't Hull,
E. K. den Bakker, J. D. Hooglandt, S. Orlandini
and A. G. van den Bos, all of whom are eligible
for re-election.
The Meeting decided that there were no grounds
for putting forward candidates for election to the
Supervisory Board.
The Committee was informed by the Super
visory Board in a letter dated 10 January 1986
that, upon the recommendation of the Managing
Board, it was proposed to appoint Mr. H. B. van
Liemt to the Supervisory Board with effect from
29 April 1986. The Committee was also
informed of the proposed reappointment of
Messrs. G. van't Hull, E. K. den Bakker,
J. D. Hooglandt, S. Orlandini and
A. G. van den Bos.
At a meeting on 20 March 1986, the Committee
decided not to register any objection to the
proposed appointment of Mr. H. B. van Liemt
to the Supervisory Board, nor to the
reappointment of the retiring members.
The two-year period during which the powers
and responsibilities set out in Article 24 of the
Articles of Association were vested in the
Committee by the General Meeting of Share
holders expires on 1 June 1986. The
Committee will accordingly resign on that date.
Amsterdam, 20 March 1986
On behalf of the Shareholders' Committee
D. de Bruyne, Chairman
E. de Voogt, Secretary
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