New Issue: ABN Amro prices $2 million 15.25% reverse convertibles linked to Nasdaq Stock

New York, Feb. 26 - ABN Amro Bank NV priced $2 million of 15.25% Knock-In Reverse Exchangeable notes due May 30, 2008 linked to Nasdaq Stock Market, Inc. stock, according to a 424B2 filing with the Securities and Exchange Commission.

Payout at maturity will be par in cash unless Nasdaq Stock stock falls below the protection price of $30.30, 75% of the initial price of $40.40, during the life of the notes and finishes below the initial price in which case the payout will be 24.752 shares of Nasdaq Stock stock.

ABN Amro Inc. is the agent.

Issuer:	ABN Amro Bank NV
Issue:	Knock-In Reverse Exchangeable notes
Underlying stock:	Nasdaq Stock Market, Inc.
Amount:	$2 million
Maturity:	May 30, 2008
Coupon:	15.25%, payable monthly
Price:	Par
Payout at maturity:	Par in cash unless Nasdaq Stock stock falls below the protection price of $30.30, 75% of the initial price, and finishes below the initial price, in which case 24.752 shares of Nasdaq Stock stock
Initial price:	$40.40
Protection price:	$30.30, 75% of $40.40
Exchange ratio:	24.752
Pricing date:	Feb. 22
Settlement date:	Feb. 29
Agent:	ABN Amro Inc.
Fees:	2.25%

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