New Issue: ABN Amro prices $1 million 21.5% reverse convertibles linked to Advanced Micro

New York, April 21 - ABN Amro Bank NV priced $1 million of 21.5% Knock-In Reverse Exchangeable notes due April 23, 2009 linked to Advanced Micro Devices, Inc. stock, according to a 424B2 filing with the Securities and Exchange Commission.

Payout at maturity will be par in cash unless Advanced Micro Devices stock falls below the protection price of $3.10, 50% of the initial price of $6.19, during the life of the notes and finishes below the initial price in which case the payout will be 161,551 shares of Advanced Micro Devices stock.

ABN Amro Inc. is the agent.

Issuer:	ABN Amro Bank NV
Issue:	Knock-In Reverse Exchangeable notes
Underlying stock:	Advanced Micro Devices, Inc. (NYSE: AMD)
Amount:	$1 million
Maturity:	April 23, 2009
Coupon:	21.5%, payable monthly
Price:	Par
Payout at maturity:	Par in cash unless Advanced Micro Devices stock falls below the protection price of $3.10, 50% of the initial price, and finishes below the initial price, in which case 161,551 shares of Advanced Micro Devices stock
Initial price:	$6.19
Protection price:	$3.10, 50% of $6.19
Exchange ratio:	161,551
Pricing date:	April 17
Settlement date:	April 23
Agent:	ABN Amro Inc.
Fees:	4.75%

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