New Issue: ABN Amro prices $0.15 million 11% reverse convertibles linked to CME Group

New York, July 30 - ABN Amro Bank NV priced $0.15 million of 11% Knock-In Reverse Exchangeable notes due July 30, 2010 linked to CME Group Inc. shares, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par in cash unless CME Group shares fall below the protection price of $173.26, 65% of the initial price of $266.56, during the life of the notes and finish below the initial price in which case the payout will be 3.752 shares of CME Group stock.

ABN Amro Inc. is the agent.

Issuer:	ABN Amro Bank NV
Issue:	Knock-In Reverse Exchangeable notes
Underlying stock:	CME Group Inc. (Symbol: CME)
Amount:	$0.15 million
Maturity:	July 30, 2010
Coupon:	11%, payable monthly
Price:	Par
Payout at maturity:	Par in cash unless CME Group shares fall below the protection price of $173.26, 65% of the initial price, and finish below the initial price, in which case 3.752 shares of CME Group stock
Initial price:	$266.56,
Protection price:	$173.26, 65% of $266.56,
Exchange ratio:	3.752
Pricing date:	July 28
Settlement date:	July 31
Agent:	ABN Amro Inc.
Fees:	3.75%

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