ABN Amro plans 17% knock-in notes linked to Ford

By Laura Lutz

Des Moines, Sept. 5 - ABN Amro Bank NV plans to price 17% Knock-in Reverse Exchangeable Securities due Sept. 26, 2008 linked to the common stock of Ford Motor Co., according to an FWP filing with the Securities and Exchange Commission.

The securities will price on Sept. 25 and settle on Sept. 28.

Interest will be payable monthly.

The payout at maturity will be par unless Ford stock falls below the knock-in level - 70% of the initial share price - during the life of the securities and finishes below the initial share price, in which case the payout will be a number of Ford shares equal to $1,000 divided by the initial share price.

ABN Amro Inc. is the lead agent.

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