New Issue: ABN Amro prices $0.9 million 11.75% Knock-In Reverse Exchangeables linked to Noble

By Jennifer Chiou

New York, May 9 - ABN Amro Bank NV priced $0.9 million of 11.75% Knock-In Reverse Exchangeable notes due May 10, 2007 linked to Noble Corp. 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:	Noble Corp.
Amount:	$0.9 million
Maturity:	May 10, 2007
Coupon:	11.75%, payable quarterly
Price:	Par
Payout at maturity:	If Noble stock closes below the knock-in price during the life of the notes and finishes below the initial price, 12.107 shares of Noble stock; otherwise par in cash
Initial stock price:	$82.60
Knock-in price:	$66.08, 80% of initial price
Exchange ratio:	12.107 shares, at maturity
Pricing date:	May 5
Settlement date:	May 10
Agents:	LaSalle Financial Services Inc., ABN Amro Inc.
Distribution:	Off shelf

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