New Issue: ABN Amro sells $6.8 million 12% reverse exchangeables linked to Apple

New York, July 20 - ABN Amro Bank NV priced $6.8 million one-year 12% reverse exchangeable notes linked to Apple Computer Inc. common stock, according to a 424B3 filing with the Securities and Exchange Commission.

Issuer:	ABN Amro Bank NV
Issue:	Reverse exchangeable senior medium-term notes, series A
Underlying stock:	Apple Computer Inc.
Amount:	$6.8 million
Maturity:	July 20, 2006
Coupon:	12.00%, payable semiannually
Price:	Par
Payout at maturity:	If Apple stock closes below the initial price of $41.55, 24.067 shares of Apple stock per $1,000 principal amount; otherwise par in cash
Exchange ratio:	24.067
Initial price:	$41.55 (closing price of stock on pricing date)
Pricing date:	July 15
Settlement date:	July 20
Underwriters:	ABN Financial Services, Inc., ABN Amro Inc.
Distribution:	Off shelf

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