New Issue: ABN Amro prices $3 million 12% reverse convertibles linked to EOG Resources

New York, July 21 - ABN Amro Bank NV priced $3 million of 12% Knock-In Reverse Exchangeable notes due July 23, 2009 linked to EOG Resources, Inc. shares, according to a 424B2 filing with the Securities and Exchange Commission.

Payout at maturity will be par in cash unless EOG Resources shares fall below the protection price of $58.51, 55% of the initial price of $106.39, during the life of the notes and finish below the initial price in which case the payout will be 9.399 shares of EOG Resources stock.

ABN Amro Inc. is the agent.

Issuer:	ABN Amro Bank NV
Issue:	Knock-In Reverse Exchangeable notes
Underlying stock:	EOG Resources, Inc. (Symbol: EOG)
Amount:	$3 million
Maturity:	July 23, 2009
Coupon:	12%, payable monthly
Price:	Par
Payout at maturity:	Par in cash unless EOG Resources shares fall below the protection price of $58.51, 55% of the initial price, and finish below the initial price, in which case 9.399 shares of EOG Resources stock
Initial price:	$106.39
Protection price:	$58.51, 55% of $106.39
Exchange ratio:	9.399
Pricing date:	July 18
Settlement date:	July 23
Agent:	ABN Amro Inc.

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