New Issue: ABN Amro sells $8.3 million 10% Knock-In Reverse Exchangeables linked to Chesapeake

New York, Nov. 2 - ABN Amro Bank NV priced $8.3 million of 10% Knock-In Reverse Exchangeable notes due Nov. 2, 2006 linked to Chesapeake Energy Corp. 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:	Chesapeake Energy Corp.
Amount:	$8.3 million
Maturity:	Nov. 2, 2006
Coupon:	10%, payable quarterly
Price:	Par
Payout at maturity:	Par in cash if Chesapeake Energy stock never trades at the knock-in level of $18.86 or below, otherwise smaller of par in cash or 31.817 shares of Chesapeake Energy stock
Knock-in price:	$18.86, 60% of initial price
Exchange ratio:	31.817
Exchange price:	$31.43 (initial level of Chesapeake Energy stock)
Pricing date:	Oct. 28
Settlement date:	Nov. 2
Lead manager:	LaSalle Financial Services, Inc., ABN Amro Inc.
Distribution:	Off shelf

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