New Issue: ABN Amro prices $0.7 million 16% reverse convertibles linked to Yahoo

New York, Sept. 26 - ABN Amro Bank NV priced $0.7 million of 16% Knock-In Reverse Exchangeable notes due March 27, 2008 linked to Yahoo! Inc. stock, according to a 424B2 filing with the Securities and Exchange Commission.

Payout at maturity will be par in cash unless Yahoo stock falls below the protection price, 80% of the initial price of $25.73, during the life of the notes and finishes below the initial price in which case the payout will be 38.865 shares of Yahoo stock.

LaSalle Financial Services is the agent.

Issuer:	ABN Amro Bank NV
Issue:	Knock-In Reverse Exchangeable notes
Underlying stock:	Yahoo! Inc.
Amount:	$0.7 million
Maturity:	March 27, 2008
Coupon:	16%, payable monthly
Price:	Par
Payout at maturity:	Par in cash unless Yahoo stock falls below the protection price, 80% of the initial price, and finishes below the initial price, in which case 38.865 shares of Yahoo stock.
Initial price:	$25.73
Exchange ratio:	38.865
Pricing date:	Sept. 24
Settlement date:	Sept. 27
Agent:	LaSalle Financial Services
Agent fee:	2.25%

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