ABN Amro to issue 11.7% knock-in reverse notes linked to Archer-Daniels-Midland

By Angela McDaniels

Seattle, Sept. 20 - ABN Amro Bank NV plans to price an issue of 11.7% Knock-in Reverse Exchangeable Securities due Sept. 29, 2007 linked to the common stock of Archer-Daniels-Midland Co., according to a 424B2 filing with the Securities and Exchange Commission.

Interest will be payable quarterly.

The proposed pricing date is Sept. 26, and the proposed settlement date is Sept. 29.

Payment at maturity will be determined according to the performance of Archer-Daniels-Midland stock. If the stock trades at or below the knock-in price - 80% of the initial price - and closes below the initial price, investors will receive a number of Archer-Daniels-Midland shares equal to $1,000 divided by the initial stock price. Otherwise, investors will receive par in cash.

ABN Amro Inc. will be the agent for the offering.

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