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Published on 7/6/2005 in the Prospect News Convertibles Daily.

New Issue: ABN Amro sells $2 million 10.25% Knock-In Reverse Exchangeables linked to Ford

New York, July 6 - ABN Amro Bank NV priced $2 million of one-year 10.25% Knock-In Reverse Exchangeable notes linked to Ford Motor Co. common stock, according to a 424B3 filing with the Securities and Exchange Commission.

Issuer:ABN Amro Bank NV
Issue:Knock-In Reverse Exchangeable senior medium-term notes, series A
Underlying stock:Ford Motor Co.
Amount:$2 million
Maturity:July 7, 2006
Coupon:10.25%, payable semiannually
Price:Par
Payout at maturity:If closing price of Ford Motor stock falls below knock-in price of $8.25 at any time and stock ends below initial price of $10.31, then 96.993 shares of Ford Motor stock per $1,000 principal amount; otherwise par in cash
Exchange ratio:96.993
Initial price:$10.31 (closing price of stock on pricing date)
Pricing date:July 1
Settlement date:July 7
Underwriters:ABN Amro Financial Services, Inc., ABN Amro Inc.
Distribution:Off shelf

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