New Issue: ABN Amro sells $1.5 million 10.5% reverse exchangeables linked to Internet Security

New York, April 5 - ABN Amro Bank NV priced $1.5 million of one-year 10.5% knock-in reverse exchangeable notes linked to Internet Security Systems Inc. stock, according to a 424B3 filing with the Securities and Exchange Commission.

Issuer:	ABN Amro Bank NV
Issue:	Knock-in reverse exchangeable senior medium-term notes
Underlying stock:	Internet Security Systems Inc.
Amount:	$1.5 million
Maturity:	April 5, 2005
Coupon:	10.5%
Price:	Par
Payout at maturity:	Par in cash if Internet Security stock never trades at knock-in level or below, otherwise smaller of par in cash or 56.689 shares of Internet Security stock
Knock-in price:	$12.35, 70% of initial price of $17.64
Exchange ratio:	56.689
Exchange price:	$17.64 (initial level of Internet Security stock)
Call:	Non-callable
Pricing date:	March 31
Settlement date:	April 5
Lead manager:	ABN Amro Financial Services
Distribution:	Off shelf

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