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Published on 12/13/2005 in the Prospect News Convertibles Daily.

New Issue: ABN Amro sells $0.365 million 10.25% Knock-In Reverse Exchangeables linked to Corning

New York, Dec. 13 - ABN Amro Bank NV priced $0.365 million 10.25% Knock-In Reverse Exchangeable notes due Dec. 14, 2006 linked to Corning Inc. 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 series A notes
Underlying stock:Corning Inc.
Amount:$0.365 million
Maturity:Dec. 14, 2006
Coupon:10.25%, payable quarterly
Price:Par
Payout at maturity:Par in cash if Corning stock never trades at the knock-in level of $16.93or below, otherwise smaller of par in cash or 47.259 shares of Corning stock
Knock-in price:$16.93, 80% of initial price
Exchange ratio:47.259
Exchange price:$21.16 (initial level of Corning stock)
Pricing date:Dec. 9
Settlement date:Dec. 14
Lead manager:LaSalle Financial Services, Inc.
Distribution:Off shelf

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