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Published on 5/9/2006 in the Prospect News Convertibles Daily.

New Issue: ABN sells $0.65 million 12.5% Knock-In Reverse Exchangeables linked to Harmony Gold

By Jennifer Chiou

New York, May 9 - ABN Amro Bank NV priced $0.65 million of 12.5% Knock-In Reverse Exchangeable notes due Feb. 12, 2007 linked to Harmony Gold Mining Co. Ltd. stock, according to a 424B2 filing with the Securities and Exchange Commission.

Issuer:ABN Amro Bank NV
Issue:Knock-In Reverse Exchangeable senior medium-term series A notes
Underlying stock:Harmony Gold Mining Co. Ltd.
Amount:$0.65 million
Maturity:Feb. 12, 2007
Coupon:12.5% annualized
Price:Par
Payout at maturity:If Harmony Gold Mining stock closes below the knock-in price during the life of the notes and finishes below the initial price, 61.69 shares of Harmony Gold Mining stock; otherwise par in cash
Initial stock price:$16.21
Knock-in price:$9.73, 60% of initial price
Exchange ratio:61.69 shares, at maturity
Pricing date:May 5
Settlement date:May 10
Agents:LaSalle Financial Services Inc., ABN Amro Inc.
Distribution:Off shelf

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