New Issue: ABN Amro $2.65 million 15.8% Knock-In Reverse Exchangeables linked to Silver Wheaton

By Angela McDaniels

Seattle, April 20 - ABN Amro Bank NV priced $2.65 million of 15.8% Knock-In Reverse Exchangeable notes due April 21, 2007 linked to Silver Wheaton Corp. stock, according to a 424B2 filing with the Securities and Exchange Commission.

Issuer:	ABN Amro Bank NV
Issue:	Knock-In Reverse Exchangeable senior medium-term series A notes
Underlying stock:	Silver Wheaton Corp.
Amount:	$2.65 million
Maturity:	April 21, 2007
Coupon:	15.8%, payable quarterly
Price:	Par
Payout at maturity:	If Silver Wheaton stock falls below the knock-in price during the life of the notes and finishes below its initial price, 88.106 shares of Silver Wheaton stock; otherwise par in cash
Initial stock price:	$11.35
Knock-in price:	$6.24, 54.99% of initial price
Exchange ratio:	88.106 at maturity
Pricing date:	April 18
Settlement date:	April 21
Agents:	LaSalle Financial Services Inc., ABN Amro Inc.
Distribution:	Off shelf

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