New Issue: ABN Amro sells $3.95 million 10% Knock-In Reverse Exchangeables linked to Apple

New York, June 22 - ABN Amro Bank NV priced $3.95 million one-year 10% Knock-In Reverse Exchangeable notes linked to Apple Computer, Inc. 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:	Apple Computer Inc.
Amount:	$3.95 million
Maturity:	June 22, 2006
Coupon:	10.00%
Price:	Par
Payout at maturity:	If Apple stock closes below the knock-in price of $26.82 at any time, lower of 26.103 shares of Apple stock, capped at par in cash; otherwise par in cash
Knock-in price:	$26.82 (70% of initial price)
Exchange ratio:	26.103 at maturity
Exchange price:	$38.31 (closing price of stock on pricing date)
Pricing date:	June 17
Settlement date:	June 22
Underwriters:	ABN Financial Services, Inc., ABN Amro Inc.
Distribution:	Off shelf

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