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Published on 6/15/2005 in the Prospect News Convertibles Daily.

New Issue: ABN Amro sells $1.65 million 9.5% knock-in reverse exchangeables linked to Sunoco

New York, June 15 - ABN Amro Bank NV priced $1.65 million nine-month 9.5% Knock-In Reverse Exchangeable notes linked to Sunoco, Inc. common stock, according to a 424B3 filing with the Securities and Exchange Commission.

Issuer:ABN Amro Bank NV
Issue:Knock-in reverse exchangeable senior medium-term notes, series A
Underlying stock:Sunoco Inc.
Amount:$1.65 million
Maturity:March 15, 2006
Coupon:9.50% annualized, 2.375% per quarter
Price:Par
Payout at maturity:If Sunoco stock closes any time below the knock-in price of $86.73, smaller of 9.224 shares of Sunoco stock and par in cash; otherwise par in cash
Knock-in price:$86.73 (80% of initial price)
Exchange ratio:9.224
Initial price:$108.41 (price of Sunoco stock on pricing date)
Call:Non-callable
Pricing date:June 10
Settlement date:June 15
Underwriter:ABN Amro Holding NV
Distribution:Off shelf

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