New Issue: ABN Amro sells $750,000 13.25% knock-in reverse exchangeables linked to Research in Motion

By E. Janene Geiss

Philadelphia, Jan. 31 - ABN Amro Bank NV priced $750,000 of 13.25% Knock-in Reverse Exchangeable Securities due Jan. 31, 2008 linked to Research in Motion Ltd. stock, according to a 424B2 filing with the Securities and Exchange Commission.

Payment at maturity will be determined according to the performance of Research in Motion stock. If the stock trades at or below $87.75, the knock-in price, between Jan. 31, 2007 and Jan. 31, 2008, and closes below $125.36, the initial price, investors will receive a number of Research in Motion shares equal to $1,000 divided by the initial stock price. The knock-in price is 70% of the initial price.

Otherwise, investors will receive par in cash.

ABN Amro Inc. is the agent.

Issuer:	ABN Amro Bank NV
Issue:	Knock-in Reverse Exchangeable Securities
Underlying stock:	Research in Motion Ltd.
Amount:	$750,000
Maturity:	Jan. 31, 2008
Coupon:	13.25%, payable monthly
Price:	Par
Payout at maturity:	If Research in Motion stock closes below the knock-in price during the life of the notes and finishes below the initial price, 7.977 shares of Research in Motion stock; otherwise, par in cash
Initial price:	$125.36
Knock-in price:	$87.75, 70% of initial price
Exchange ratio:	7.977 shares, at maturity
Pricing date:	Jan. 26
Settlement date:	Jan. 31
Agent:	ABN Amro Inc.
Fees:	2.5%
Distribution:	Off shelf

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