New Issue: ABN Amro sells $3.4 million 10.5% reverse exchangeables linked to Yahoo!

New York, June 23 - ABN Amro Bank NV priced $3.4 million of one-year 10.5% knock-in reverse exchangeable notes linked to Yahoo! 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
Underlying stock:	Yahoo! Inc.
Amount:	$3.4 million
Maturity:	June 23, 2005
Coupon:	10.5%
Price:	Par
Payout at maturity:	Par in cash if Yahoo! stock never trades at knock-in level or below, otherwise smaller of par in cash or 31.182 shares of Yahoo! stock
Knock-in price:	$22.45, 70% of initial price of $32.07
Exchange ratio:	31.182
Exchange price:	$12.58 (initial level of Yahoo! stock)
Call:	Non-callable
Pricing date:	June 18
Settlement date:	June 23
Lead manager:	ABN Amro Financial Services
Distribution:	Off shelf

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