New Issue: ABN Amro sells $1.7 million 11% Knock-In Reverse Exchangeables linked to XTO Energy

By Jennifer Chiou

New York, March 28 - ABN Amro Bank NV priced $1.7 million of 11% Knock-In Reverse Exchangeable notes due Dec. 29, 2006 linked to XTO Energy Inc. stock, according to a 424B2 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:	XTO Energy Inc.
Amount:	$1.7 million
Maturity:	Dec. 29, 2006
Coupon:	11%, payable quarterly
Price:	Par
Payout at maturity:	If XTO Energy stock closes below the knock-in price of $34.45 at any time, 23.223 shares of XTO Energy stock; otherwise par in cash
Exchange price:	$43.06 (closing price of stock on pricing date)
Knock-in price:	$34.45 (80% of initial price)
Exchange ratio:	23.223 at maturity
Pricing date:	March 24
Settlement date:	March 29
Lead managers:	LaSalle Financial Services, Inc., ABN Amro Inc.
Distribution:	Off shelf

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