New Issue: ABN Amro sells $15 million 11.5% reverse exchangeables linked to Ford

New York, May 6 - ABN Amro Bank NV sold $15 million of 11.5% reverse exchangeable securities linked to Ford Motor Co. common stock, according to a filing with the Securities and Exchange Commission.

The medium-term notes were priced May 3 via ABN Amro Financial Services, Inc.

The payout at maturity is capped at par in cash. If Ford stock closes below $16.09, the level on the pricing date, on the third business day before maturity then holders will receive 62.150 Ford shares per $1,000 principal amount of notes.

Issuer:	ABN Amro Bank NV
Issue:	Reverse exchangeable medium-term notes
Amount:	$15 million
Maturity:	May 8, 2003
Coupon:	11.5%, payable semi-annually
Price:	Par of $1,000
Payout at maturity:	Par in cash if closing price of Ford stock three business days before maturity is at or above $16.09, its level on the pricing date of May 3, otherwise stock at exchange ratio
Exchange ratio:	62.150
Settlement:	May 8
Listing:	"REX.O" on American Stock Exchange

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