New Issue: ABN Amro sells $2.4 million 10% Knock-In Reverse Exchangeables linked to Corning

By Jennifer Chiou

New York, Sept. 7 - ABN Amro Bank NV priced $2.4 million of 10% Knock-In Reverse Exchangeable notes due June 8, 2006 linked to Corning 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 series A notes
Underlying stock:	Corning Inc.
Amount:	$2.4 million
Maturity:	June 8, 2006
Coupon:	10%
Price:	Par
Payout at maturity:	Par in cash if Corning stock never trades at the knock-in level of $15.87 or below, otherwise smaller of par in cash or 50.403 shares of Corning stock
Knock-in price:	$15.87, 80% of initial price
Exchange ratio:	50.403
Exchange price:	$19.84 (initial level of Corning stock)
Pricing date:	Sept. 2
Settlement date:	Sept. 8
Lead manager:	ABN Amro Financial Services, Inc., ABN Amro Inc.
Distribution:	Off shelf

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