New Issue: ABN Amro prices $600,000 10.75% notes linked to Archer-Daniels-Midland

By Angela McDaniels

Seattle, Feb. 28 - ABN Amro Bank NV priced a $600,000 offering of 10.75% Knock-In Reverse Exchangeable Securities due Feb. 29, 2008 linked to the common stock of Archer-Daniels-Midland Co., according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

The payout at maturity will be par unless Archer-Daniels-Midland stock falls by more than 10% during the life of the securities and finishes below the initial share price of $35.20, in which case the payout will be a number of Archer-Daniels-Midland shares equal to $1,000 divided by the initial share price.

Issuer:	ABN Amro Bank NV
Issue:	Knock-In Reverse Exchangeable Securities
Underlying stock:	Archer-Daniels-Midland Co.
Amount:	$600,000
Maturity:	Feb. 29, 2008
Coupon:	10.75%, payable monthly
Price:	Par
Payout at maturity:	If Archer-Daniels-Midland stock falls by more than 10% during the life of the securities and finishes below the initial share price, 28.409 Archer-Daniels-Midland shares; otherwise, par
Initial share price:	$35.20
Pricing date:	Feb. 23
Settlement date:	Feb. 28
Agent:	ABN Amro Inc.
Agent fees:	2.5%

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