New Issue: ABN Amro prices $0.2 million 22% reverse convertibles linked to First Solar

New York, April 30 - ABN Amro Bank NV priced $0.2 million of 22% Knock-In Reverse Exchangeable notes due April 30, 2009 linked to First Solar, Inc. stock, according to a 424B2 filing with the Securities and Exchange Commission.

Payout at maturity will be par in cash unless First Solar stock falls below the protection price of $172.94, 60% of the initial price of $288.24, during the life of the notes and finishes below the initial price in which case the payout will be 3.469 shares of First Solar stock.

ABN Amro Inc. is the agent.

Issuer:	ABN Amro Bank NV
Issue:	Knock-In Reverse Exchangeable notes
Underlying stock:	First Solar, Inc. (Nasdaq: FSLR)
Amount:	$0.2 million
Maturity:	April 30, 2009
Coupon:	22%, payable monthly
Price:	Par
Payout at maturity:	Par in cash unless First Solar stock falls below the protection price of $172.94, 60% of the initial price, and finishes below the initial price, in which case 3.469 shares of First Solar stock
Initial price:	$288.24
Protection price:	$172.94, 60% of $288.24
Exchange ratio:	3.469
Pricing date:	April 25
Settlement date:	April 30
Agent:	ABN Amro Inc.
Fees:	3.25%

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