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Published on 10/5/2005 in the Prospect News Convertibles Daily.

New Issue: ABN Amro sells $3.2 million 11.25% Knock-In Reverse Exchangeables linked to Lyondell

New York, Oct. 5 - ABN Amro Bank NV priced $3.2 million of 11.25% Knock-In Reverse Exchangeable notes due Oct. 5, 2006 linked to Lyondell Chemical Co. common 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 series A notes
Underlying stock:Lyondell Chemical Co.
Amount:$3.2 million
Maturity:Oct. 5, 2006
Coupon:11.25%
Price:Par
Payout at maturity:Par in cash if Lyondell stock never trades at the knock-in level of $22.90 or below, otherwise smaller of par in cash or 34.941 shares of Lyondell stock
Knock-in price:$22.90, 80% of initial price
Exchange ratio:34.941
Exchange price:$28.62 (initial level of Lyondell stock)
Pricing date:Sept. 30
Settlement date:Oct. 5
Lead manager:LaSalle Financial Services, Inc., ABN Amro Inc.
Distribution:Off shelf

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