New Issue: ABN Amro prices $0.05 million 13.85% reverse convertibles linked to Deere

New York, Dec. 30 - ABN Amro Bank NV priced $0.05 million of 13.85% Knock-In Reverse Exchangeable notes due June 30, 2010 linked to Deere & Co. shares, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par in cash unless Deere shares fall below the protection price of $44.85, 80% of the initial price of $56.06, during the life of the notes and finish below the initial price in which case the payout will be 17.838 shares of Deere stock.

RBS Securities Inc. is the agent.

Issuer:	ABN Amro Bank NV
Issue:	Knock-In Reverse Exchangeable notes
Underlying stock:	Deere & Co. (Symbol: DE)
Amount:	$0.05 million
Maturity:	June 30, 2010
Coupon:	13.85%, payable monthly
Price:	Par
Payout at maturity:	Par in cash unless Deere shares fall below the protection price of $44.85, 80% of the initial price, and finish below the initial price, in which case 17.838 shares of Deere stock
Initial price:	$56.06
Protection price:	$44.85, 80% of $56.06
Exchange ratio:	17.838
Pricing date:	Dec. 23
Settlement date:	Dec. 31
Agent:	RBS Securities Inc.
Fees:	1.75%

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