New Issue: ABN Amro prices $0.35 million 14% reverse convertibles linked to Hershey

New York, Dec. 30 - ABN Amro Bank NV priced $0.35 million of 14% Knock-In Reverse Exchangeable notes due March 31, 2009 linked to Hershey Co. shares, according to a 424B2 filing with the Securities and Exchange Commission.

Payout at maturity will be par in cash unless Hershey shares fall below the protection price of $26.18, 75% of the initial price of $34.91, during the life of the notes and finish below the initial price in which case the payout will be 28.645 shares of Hershey stock.

ABN Amro Inc. is the agent.

Issuer:	ABN Amro Bank NV
Issue:	Knock-In Reverse Exchangeable notes
Underlying stock:	Hershey Co. (Symbol: HSY)
Amount:	$0.35 million
Maturity:	March 31, 2009
Coupon:	14%, payable monthly
Price:	Par
Payout at maturity:	Par in cash unless Hershey shares fall below the protection price of $26.18, 75% of the initial price, and finish below the initial price, in which case 28.645 shares of Hershey stock
Initial price:	$34.91
Protection price:	$26.18, 75% of $34.91
Exchange ratio:	28.645
Pricing date:	Dec. 23
Settlement date:	Dec. 31
Agent:	ABN Amro Inc.

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