New Issue: ABN Amro prices $610,000 15% reverse convertibles linked to Hartford

By Angela McDaniels

Tacoma, Wash., Oct. 29 - ABN Amro Bank NV priced $610,000 of Knock-In Reverse Exchangeable Securities due Jan. 29, 2010 linked to the common stock of Hartford Financial Services Group, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

The three-month notes will pay 3.75% for an annualized coupon of 15%. Interest is payable monthly.

The payout at maturity will be par in cash unless Hartford Financial shares fall by more than 30% during the life of the notes and finish below the initial price, in which case the payout will be a number of Hartford Financial shares equal to $1,000 divided by the initial share price.

RBS Securities Inc. is the agent.

Issuer:	ABN Amro Bank NV
Issue:	Knock-In Reverse Exchangeable Securities
Underlying stock:	Hartford Financial Services Group, Inc. (Symbol: HIG)
Amount:	$610,000
Maturity:	Jan. 29, 2010
Coupon:	15%, payable monthly
Price:	Par
Payout at maturity:	Par in cash unless Hartford Financial shares fall below knock-in price during life of notes and finish below initial price, in which case 41.511 shares of Hartford Financial stock
Initial share price:	$24.09
Knock-in price:	$16.86, 70% of initial price
Pricing date:	Oct. 27
Settlement date:	Oct. 30
Agent:	RBS Securities Inc.
Fees:	3.25%

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