New Issue: ABN Amro sells $1.515 million 10% reverse exchangeables linked to Apple

New York, May 11 - ABN Amro Bank NV priced $1.515 million of one-year 10% knock-in reverse exchangeable notes linked to Apple Computer Inc. common stock, according to a 424B3 filing with the Securities and Exchange Commission.

Issuer:	ABN Amro Bank NV
Issue:	Knock-in reverse exchangeable senior medium-term notes
Underlying stock:	Apple Computer Inc.
Amount:	$1.515 million
Maturity:	May 12, 2006
Coupon:	10%
Price:	Par
Payout at maturity:	Par in cash if Apple stock never trades at knock-in level or below, otherwise smaller of par in cash or 27.049 shares of Apple stock
Knock-in price:	$22.18, 60% of initial price of $36.97
Exchange ratio:	27.049
Exchange price:	$36.97
Call:	Non-callable
Pricing date:	May 9
Settlement date:	May 12
Lead manager:	ABN Amro Financial Services
Distribution:	Off shelf

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