ABN Amro plans issue of 9.1% Knock-in Reverse Exchangeables linked to Edison International

By Jennifer Chiou

New York, June 19 - ABN Amro Bank NV plans to price an issue of 9.1% Knock-in Reverse Exchangeable notes due June 27, 2007 linked to Edison International stock, according to a 424B2 filing with the Securities and Exchange Commission.

Interest will be payable quarterly.

The proposed pricing date is June 22, and settlement is expected on June 27.

Payment at maturity will be determined according to the performance of Edison International stock:

• If the stock trades at or below the knock-in price and closes below the initial price, investors will receive a number of Edison International shares equal to $1,000 divided by the initial stock price. The knock-in price will be 80% of the initial price;

• Otherwise the payout is par in cash.

LaSalle Financial Services Inc. and ABN Amro Inc. will be managers.

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