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Published on 11/25/2009 in the Prospect News Structured Products Daily.

New Issue: ABN Amro prices $0.29 million 12.65% reverse convertibles linked to Research in Motion

New York, Nov. 25 - ABN Amro Bank NV priced $0.292 million of 12.65% Knock-In Reverse Exchangeable notes due Feb. 26, 2010 linked to Research In Motion Ltd. shares, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par in cash unless Research in Motion shares fall below the protection price of $41.67, 70% of the initial price of $59.53, during the life of the notes and finish below the initial price in which case the payout will be 16.798 shares of Research in Motion stock.

RBS Securities Inc. is the agent.

Issuer:ABN Amro Bank NV
Issue:Knock-In Reverse Exchangeable notes
Underlying stock:Research In Motion Ltd. (Symbol: RIMM)
Amount:$0.292 million
Maturity:Feb. 26, 2010
Coupon:12.65%, payable monthly
Price:Par
Payout at maturity:Par in cash unless Research in Motion shares fall below the protection price of $41.67, 70% of the initial price, and finish below the initial price, in which case 16.798 shares of Research in Motion stock
Initial price:$59.53
Protection price:$41.67, 70% of $59.53
Exchange ratio:16.798
Pricing date:Nov. 24
Settlement date:Nov. 30
Agent:RBS Securities Inc.
Fees:1.375%

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