New Issue: ABN Amro prices $1.55 million 16.5% notes linked to JetBlue

New York, Jan. 30 - ABN Amro Bank NV priced a $1.55 million issue of 16.5% Knock-In Reverse Exchangeable Securities due Jan. 31, 2008 linked to the common stock of JetBlue Airways Corp., according to a 424B2 filing with the Securities and Exchange Commission.

Interest will be payable monthly.

The payout at maturity will be par unless JetBlue stock falls below the knock-in level during the life of the notes and finishes below the initial share price of $14.38, in which case the payout will be 69.541 shares. The knock-in level is 70% of the initial level.

ABN Amro is agent.

Issuer:	ABN Amro Bank NV
Issue:	Knock-In Reverse Exchangeable Securities
Underlying stock:	JetBlue Airways Corp.
Amount:	$1.55 million
Maturity:	Jan. 31, 2008
Coupon:	16.5%, payable monthly
Price:	Par
Payout at maturity:	Par if JetBlue stock remains at or above the knock-out level, 70% of the initial level, during the life of the notes or finishes at or above the initial share price; otherwise, 69.541 shares of JetBlue stock
Knock-in level:	70% of the initial share price
Initial share price:	$14.38
Pricing date:	Jan. 26
Settlement date:	Jan. 31
Agent:	ABN Amro
Agent fees:	2.5%

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