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Published on 1/22/2009 in the Prospect News Structured Products Daily.

New Issue: ABN Amro prices $0.25 million 10.25% reverse convertibles linked to Exxon Mobil

New York, Jan. 22 - ABN Amro Bank NV priced $0.25 million of 10.25% Knock-In Reverse Exchangeable notes due Jan. 26, 2010 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 $55.48, 70% of the initial price of $79.26, during the life of the notes and finish below the initial price in which case the payout will be 12.617 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:$0.25 million
Maturity:Jan. 26, 2010
Coupon:10.25%, payable monthly
Price:Par
Payout at maturity:Par in cash unless Exxon Mobil shares fall below the protection price of $55.48, 70% of the initial price, and finish below the initial price, in which case 12.617 shares of Exxon Mobil stock
Initial price:$79.26
Protection price:$55.48, 70% of $79.26
Exchange ratio:12.617
Pricing date:Jan. 21
Settlement date:Jan. 26
Agent:ABN Amro Inc.
Fees:3%

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