ABN Amro to sell 9% knock-in securities linked to Dow Jones 10

By Jennifer Chiou

New York, June 14 - ABN Amro Bank NV plans to price 9% basket knock-in securities due June 30, 2008 linked to the Dow Jones 10 index, according to a 424B2 filing with the Securities and Exchange Commission.

The 10 common stocks included in the index are Altria Group, Inc., AT&T Inc., Citigroup Inc., E.I. du Pont de Nemours and Co., General Electric Co., General Motors Corp., JPMorgan Chase & Co., Merck & Co. Inc., Pfizer Inc. and Verizon Communications Inc.

Interest will be payable monthly.

The securities will price at par of $1,000.

Payment at maturity will be determined according to the performance of the stocks in the index. Each stock is weighted equally. The cash payout will be equal to $100.00 for each underlying share that finishes above the initial price and does not fall below the knock-in level on any trading date plus $100.00 for any of the underlying stocks that does fall below the knock-in level but finishes above the initial level. If any of the stocks closes below the knock-in price during the life of the notes and finishes below the initial stock price, investors will share the losses linked to those shares. The knock-in price will be 85% of the initial stock price.

The notes will price on June 26 and settle on June 29.

ABN Amro Inc. will be the agent.

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