New Issue: ABN Amro sells $0.775 million 8% reverse exchangeables linked to Morgan Stanley

New York, May 25 - ABN Amro Bank NV priced $0.775 million of one-year 8% Reverse Exchangeable notes linked to Morgan Stanley common stock, according to a 424B3 filing with the Securities and Exchange Commission.

Issuer:	ABN Amro Bank NV
Issue:	Reverse Exchangeable senior medium-term notes
Underlying stock:	Morgan Stanley
Amount:	$0.775 million
Maturity:	May 25, 2006
Coupon:	8%
Price:	Par
Payout at maturity:	Smaller of par in cash or 20 shares of Morgan Stanley stock
Exchange ratio:	20
Exchange price:	$50.00 (initial level of Morgan Stanley stock)
Call:	Non-callable
Pricing date:	May 20
Settlement date:	May 25
Lead manager:	ABN Amro Financial Services, Inc., ABN Amro Inc.
Distribution:	Off shelf

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