New Issue: ABN Amro prices $900,000 34% knock-in notes linked to Crocs

By Susanna Moon

Chicago, Nov. 20 - ABN Amro Bank NV priced a $900,000 issue of 34% Knock-In Reverse Exchangeable Securities due Nov. 21, 2008 linked to the common stock of Crocs, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

The payout at maturity will be par unless Crocs stock falls by more than 25% during the life of the notes and the final share price is less than the initial share price, in which case the payout will be a number of Crocs shares equal to par divided by the initial share price.

ABN Amro Inc. is the agent.

Issuer:	ABN Amro Bank NV
Issue:	Knock-In Reverse Exchangeable Securities
Underlying stock:	Crocs, Inc. (Nasdaq: CROX)
Amount:	$900,000
Maturity:	Nov. 21, 2008
Coupon:	34%, payable monthly
Price:	Par
Payout at maturity:	If Crocs stock falls below the knock-in price during the life of the notes and finishes below the initial share price, 23.646 Crocs shares; otherwise, par
Initial share price:	$42.29
Knock-in price:	$31.72, or 75% of initial share price
Pricing date:	Nov. 16
Settlement date:	Nov. 21
Agent:	ABN Amro Inc.
Fees:	2%

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