New Issue: ABN Amro sells $450,000 8.5% reverse exchangeables linked to Xerox

New York, July 13 - ABN Amro Bank NV priced $450,000 of nine-month 8.5% reverse exchangeable notes linked to Xerox Corp. common stock, according to a 424B3 filing with the Securities and Exchange Commission.

Issuer:	ABN Amro Bank NV
Issue:	Reverse exchangeable senior medium-term notes, series A
Underlying stock:	Xerox Corp.
Amount:	$450,000
Maturity:	April 13, 2006
Coupon:	8.5%, payable quarterly
Price:	Par
Payout at maturity:	If Xerox stock ends below initial price of $13.72, 72.886 shares of Xerox stock per $1,000 principal amount; otherwise par in cash
Exchange ratio:	72.886
Initial price:	$13.72 (price of Xerox stock on pricing date)
Call:	Non-callable
Pricing date:	July 8
Settlement date:	July 13
Lead manager:	ABN Amro Holding NV
Distribution:	Off shelf

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