New Issue: ABN Amro sells $0.885 million 9.75% Knock-In Reverse Exchangeables linked to Altera

New York, June 8 - ABN Amro Bank NV priced $0.885 million one-year 9.75% Knock-In Reverse Exchangeable notes linked to Altera Corp. 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, series A
Underlying stock:	Altera Corp.
Amount:	$0.885 million
Maturity:	June 8, 2006
Coupon:	9.75%
Price:	Par
Payout at maturity:	If Altera stock closes below the knock-in price of $17.75 at any time, 45.065 shares of Altera stock; otherwise par in cash
Knock-in price:	$17.75 (80% of initial price)
Exchange ratio:	45.065 at maturity
Exchange price:	$22.19 (closing price of stock on pricing date)
Pricing date:	June 3
Settlement date:	June 8
Underwriters:	ABN Amro Bank NV, ABN Amro Holding NV
Distribution:	Off shelf

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