New Issue: ABN Amro sells $1.3 million 15.75% Knock-In Reverse Exchangeables linked to D.R. Horton

By Jennifer Chiou

New York, March 30 - ABN Amro Bank NV priced $1.3 million of 15.75% Knock-In Reverse Exchangeable notes due March 31, 2007 linked to D.R. Horton, Inc. stock, according to a 424B2 filing with the Securities and Exchange Commission.

Issuer:	ABN Amro Bank NV
Issue:	Knock-In Reverse Exchangeable senior medium-term series A notes
Underlying stock:	D.R. Horton, Inc.
Amount:	$1.3 million
Maturity:	March 31, 2007
Coupon:	15.75%, payable quarterly
Price:	Par
Payout at maturity:	If D.R. Horton stock closes below the knock-in price of $27.06 at any time, 29.560 shares of D.R. Horton stock; otherwise par in cash
Exchange price:	$33.83 (closing price of stock on pricing date)
Knock-in price:	$27.06 (80% of initial price)
Exchange ratio:	29.560 at maturity
Pricing date:	March 28
Settlement date:	March 31
Lead manager:	LaSalle Financial Services, Inc., ABN Amro Inc.
Distribution:	Off shelf

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