New Issue: ABN Amro prices $21 million 12% reverse exchangeables linked to Intel

New York, April 2 - ABN Amro Bank NV priced $21 million of 12% reverse exchangeable securities due Oct. 6, 2003 linked to Intel Corp. common stock, according to a filing with the Securities and Exchange Commission.

The senior notes were sold off ABN Amro's medium-term notes program and priced on Monday via ABN Amro Financial Services, Inc.

At maturity, holders receive a maximum of par in cash. If Intel stock declines from the $31.17 at which it closed on the pricing date, holders receive 32.082 shares per $1,000 principal amount of the notes.

Issuer:	ABN Amro Bank NV
Amount:	$21 million
Maturity:	Oct. 6, 2003
Coupon:	12%, payable semi-annually beginning Oct. 4, 2002
Price:	Par
Payout at maturity:	Par in cash if Intel Corp. stock closes at $31.17 or above on the determination date, three business days before maturity ($31.17 is the closing level of Intel stock on the securities' pricing date of April 1)
	32.082 shares of Intel stock per $1,000 principal amount if Intel stock closes below $31.17 on determination date
Settlement:	April 4
Listing:	"REX.M" on American Stock Exchange

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