New Issue: ABN Amro sells $650,000 11.25% notes linked to Research in Motion

By E. Janene Geiss

Philadelphia, March 29 - ABN Amro Bank NV priced $650,000 of 11.25% Knock-in Reverse Exchangeable Securities due March 31, 2008 linked to Research in Motion Ltd. common stock, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

The payout at maturity will be par unless Research in Motion stock falls below the knock-in price of $96.36 during the life of the notes and finishes below the initial share price, in which case the payout will be a number of Research in Motion shares equal to $1,000 divided by the initial share price.

Issuer:	ABN Amro Bank NV
Issue:	Knock-in Reverse Exchangeable Securities
Underlying stock:	Research in Motion Ltd.
Amount:	$650,000
Maturity:	March 31, 2008
Coupon:	11.25%, payable monthly
Price:	Par
Payout at maturity:	7.264 shares of Research in Motion stock if Research in Motion shares fall below the knock-in price during the life of the notes and finish below the initial share price; otherwise, par
Initial share price:	$137.66
Knock-in price:	$96.36, 70% of initial price of $137.66
Exchange ratio:	7.264
Pricing date:	March 27
Settlement date:	March 30
Agent:	ABN Amro Inc.
Agent fees:	2.5%

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