New Issue: ABN Amro sells $330,000 14% Knock-In Reverse Exchangeables linked to CSN

By Jennifer Chiou

New York, March 14 - ABN Amro Bank NV priced $0.33 million of 14% Knock-In Reverse Exchangeable notes due Dec. 15, 2006 linked to Companhia Siderurgica Nacional (CSN) stock, according to a 424B2 filing with the Securities and Exchange Commission.

Issuer:	ABN Amro Bank NV
Issue:	Knock-In Reverse Exchangeable senior medium-term series A notes
Underlying stock:	Companhia Siderurgica Nacional
Amount:	$0.33 million
Maturity:	Dec. 15, 2006
Coupon:	14%, payable quarterly
Price:	Par
Payout at maturity:	If Companhia Siderurgica Nacional stock closes below the knock-in price of $20.81 at any time, 33.636 shares of Companhia Siderurgica Nacional stock; otherwise par in cash
Knock-in price:	$20.81 (70% of initial price)
Exchange price:	$29.73 (closing price of stock on pricing date)
Exchange ratio:	33.636 at maturity
Pricing date:	March 10
Settlement date:	March 15
Lead manager:	LaSalle Financial Services, Inc., ABN Amro Inc.
Distribution:	Off shelf

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