New Issue: ABN Amro prices $0.6 million 12.75% reverse convertibles linked to Ford

New York, May 30 - ABN Amro Bank NV priced $0.6 million of 12.75% Knock-In Reverse Exchangeable notes due May 29, 2009 linked to Ford Motor Co. shares, according to a 424B2 filing with the Securities and Exchange Commission.

Payout at maturity will be par in cash unless Ford shares fall below the protection price of $4.08, 60% of the initial price of $6.80, during the life of the notes and finishes below the initial price in which case the payout will be 147.059 shares of Ford stock.

ABN Amro Inc. is the agent.

Issuer:	ABN Amro Bank NV
Issue:	Knock-In Reverse Exchangeable notes
Underlying stock:	Ford Motor Co. (Symbol: F)
Amount:	$0.6 million
Maturity:	May 29, 2009
Coupon:	12.75%, payable monthly
Price:	Par
Payout at maturity:	Par in cash unless Ford stock falls below the protection price of $4.08, 60% of the initial price, and finishes below the initial price, in which case 147.059 shares of Ford stock
Initial price:	$6.80
Protection price:	$4.08, 60% of $6.80
Exchange ratio:	147.059
Pricing date:	May 27
Settlement date:	May 30
Agent:	ABN Amro Inc.
Fees:	2.50%

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