New Issue: ABN Amro prices $1.25 million 12.75% reverse convertibles linked to Monsanto

New York, July 30 - ABN Amro Bank NV priced $1.25 million of 12.75% Knock-In Reverse Exchangeable notes due Jan. 30, 2009 linked to Monsanto Co. shares, according to a 424B2 filing with the Securities and Exchange Commission.

Payout at maturity will be par in cash unless Monsanto shares fall below the protection price of $74.43, 65% of the initial price of $114.51, during the life of the notes and finish below the initial price in which case the payout will be 8.733 shares of Monsanto stock.

ABN Amro Inc. is the agent.

Issuer:	ABN Amro Bank NV
Issue:	Knock-In Reverse Exchangeable notes
Underlying stock:	Monsanto Co. (Symbol: MON)
Amount:	$1.25 million
Maturity:	Jan. 30, 2009
Coupon:	12.75%, payable monthly
Price:	Par
Payout at maturity:	Par in cash unless Monsanto shares fall below the protection price of $74.43, 65% of the initial price, and finish below the initial price, in which case 8.733 shares of Monsanto stock
Initial price:	$114.51
Protection price:	$74.43, 65% of $114.51
Exchange ratio:	8.733
Pricing date:	July 28
Settlement date:	July 31
Agent:	ABN Amro Inc.
Fees:	1.75%

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