New Issue: ABN Amro sells $1.1 million 13.15% reverse exchangeables linked to Ford

By E. Janene Geiss

Philadelphia, Dec. 30 - ABN Amro Bank NV priced $1.1 million of 13.15% annualized Knock-in Reverse Exchangeable Securities due March 31, 2010 linked to the common stock of the Ford Motor Co., according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

The payout at maturity will be par unless Ford stock falls by more than 25% during the life of the notes 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.

RBS Securities Inc. is the agent.

Issuer:	ABN Amro Bank NV
Issue:	Knock-in Reverse Exchangeable Securities
Underlying stock:	Ford Motor Co. (Symbol: F)
Amount:	$1.1 million
Maturity:	March 31, 2010
Coupon:	13.1%, payable monthly
Price:	Par
Payout at maturity:	If Ford falls below knock-in level of $7.56 during life of notes and finishes below initial share price, 99.206 Ford shares; otherwise, par
Initial share price:	$10.08
Knock-in level:	$7.56, or 75% of initial price
Pricing date:	Dec. 23
Settlement date:	Dec. 31
Agent:	RBS Securities Inc.
Fees:	1.375%

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