New Issue: ABN Amro sells $6.75 million 11.5% exchangeables linked to GE

New York, Aug. 20 - ABN Amro Bank NV sold $6.75 million of 11.5% reverse exchangeable securities linked to the common stock of General Electric Co., according to a filing with the Securities and Exchange Commission.

Issuer:	ABN Amro Bank NV
Issue:	Reverse exchangeable senior medium-term notes
Amount:	$6.75 million
Coupon:	11.5%, payable semiannually
Maturity:	Aug. 21, 2003
Price:	Par
Exchange ratio:	31.696
Payout at maturity:	If General Electric Co. stock closes at or above initial price of $31.55 on determination date (three business days before maturity) then par in cash otherwise 31.696 shares
Lead manager:	ABN Amro Financial Services, Inc.
Pricing date:	Aug. 16
Settlement:	Aug. 21
Listing:	"REX.V" on American Stock Exchange

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