New Issue: ABN Amro prices $325,000 15.25% reverse convertibles linked to Halliburton

New York, Jan. 31 - ABN Amro Bank NV priced $325,000 of 15.25% Knock-in Reverse Exchangeable Securities due April 30, 2008 linked to Halliburton Co. stock, according to a 424B2 filing with the Securities and Exchange Commission.

Payout at maturity will be par in cash unless Halliburton stock falls below the protection price of $30.20, 90% of the initial price of $33.55, during the life of the notes and finishes below the initial price, in which case the payout will be 29.806 shares of Halliburton stock.

ABN Amro Inc. is the agent.

Issuer:	ABN Amro Bank NV
Issue:	Knock-in Reverse Exchangeable Securities
Underlying stock:	Halliburton Co. (NYSE: HAL)
Amount:	$325,000
Maturity:	April 30, 2008
Coupon:	15.25%, payable monthly
Price:	Par
Payout at maturity:	Par in cash unless Halliburton stock falls below the protection price of $30.20, 90% of the initial price, and finishes below the initial price, in which case 29.806 shares of Halliburton stock.
Initial price:	$33.55
Protection price:	$30.20, 90% of $33.55
Exchange ratio:	29.806
Pricing date:	Jan. 28
Settlement date:	Jan. 31
Agent:	ABN Amro Inc.
Fees:	1.375%

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