New Issue: ABN Amro sells $520,000 of 14% reverse exchangeables linked to Ford

By Laura Lutz

Washington, Nov. 29 - ABN Amro Bank NV priced $520,000 of 14% Knock In Reverse Exchangeable notes due Nov. 30, 2007 linked to Ford Motor Co. stock, according to a 424B2 filing with the Securities and Exchange Commission.

Payment at maturity will be determined according to the performance of Ford stock. If the stock trades at or below $6.528, the knock-in price, and closes below $8.16, the initial price, between Nov. 27, 2006 and Nov. 27, 2007, investors will receive a number of Ford shares equal to $1,000 divided by the initial stock price. The knock-in price is 80% of the initial price. Otherwise, investors will receive par in cash.

Issuer:	ABN Amro Bank NV
Issue:	Knock In Reverse Exchangeable notes
Underlying stock:	Ford Motor Co.
Amount:	$520,000
Maturity:	Nov. 30, 2007
Coupon:	14%, payable monthly
Price:	Par
Payout at maturity:	If Ford stock closes below the knock-in price of $6.528 during the life of the notes and finishes below the initial price, 122.549 shares of Ford stock; otherwise par in cash
Initial price:	$8.16
Knock-in price:	$6.528, 80% of initial price
Exchange ratio:	122.549
Pricing date:	Nov. 27
Settlement date:	Nov. 30
Agent:	ABN Amro Inc.
Agent's fee:	2.5%
Distribution:	Off shelf

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