New Issue: ABN Amro sells $1.73 million 25.1% knock-in reverse exchangeables linked to Evergreen

By Laura Lutz

Des Moines, June 26 - ABN Amro Bank NV priced $1.725 million of 25.1% Knock-in Reverse Exchangeable Securities due Dec. 27, 2007 linked to Evergreen Energy Inc. stock via LaSalle Financial Services, according to a 424B2 filing with the Securities and Exchange Commission.

Payment at maturity will be determined according to the performance of Evergreen Energy stock. If the stock trades at or below $4.214, the knock-in price, and closes below $6.02, the initial price, during the life of the notes, investors will receive a number of Evergreen Energy shares equal to $1,000 divided by the initial stock price. The knock-in price is 70% of the initial price.

Otherwise, investors will receive par in cash.

Issuer:	ABN Amro Bank NV
Issue:	Knock-in Reverse Exchangeable Securities
Underlying stock:	Evergreen Energy Inc.
Amount:	$1.725 million
Maturity:	Dec. 27, 2007
Coupon:	25.1%, payable monthly
Price:	Par
Payout at maturity:	If Evergreen Energy stock closes below the knock-in price during the life of the notes and finishes below the initial price, 166.113 shares of Evergreen Energy stock; otherwise, par in cash
Initial price:	$6.02
Knock-in price:	$4.214, 70% of initial price
Exchange ratio:	166.113 shares, at maturity
Pricing date:	June 22
Settlement date:	June 27
Agent:	LaSalle Financial Services
Fees:	2.25%
Distribution:	Off shelf

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