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Published on 6/11/2008 in the Prospect News Structured Products Daily.

New Issue: ABN Amro prices $1.85 million 10% reverse convertibles linked to Exxon Mobil

New York, June 11 - ABN Amro Bank NV priced $1.85 million of 10% Knock-In Reverse Exchangeable notes due June 12, 2009 linked to Exxon Mobil Corp. shares, according to a 424B2 filing with the Securities and Exchange Commission.

Payout at maturity will be par in cash unless Exxon Mobil shares fall below the protection price of $65.92, 75% of the initial price of $87.89, during the life of the notes and finishes below the initial price in which case the payout will be 11.378 shares of Exxon Mobil stock.

ABN Amro Inc. is the agent.

Issuer:ABN Amro Bank NV
Issue:Knock-In Reverse Exchangeable notes
Underlying stock:Exxon Mobil Corp. (Symbol: XOM)
Amount:$1.85 million
Maturity:June 12, 2009
Coupon:10%, payable monthly
Price:Par
Payout at maturity:Par in cash unless Exxon Mobil stock falls below the protection price of $65.92, 75% of the initial price, and finishes below the initial price, in which case 11.378 shares of Exxon Mobil stock
Initial price:$87.89
Protection price:$65.92, 75% of $87.89
Exchange ratio:11.378
Pricing date:June 10
Settlement date:June 13
Agent:ABN Amro Inc.

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