New Issue: ABN Amro sells $3.6 million 15% Knock-In Reverse Exchangeables linked to Sirius

By Jennifer Chiou

New York, Oct. 21 - ABN Amro Bank NV priced $3.6 million 15% Knock-In Reverse Exchangeable notes due Oct. 19, 2006 linked to Sirius Satellite Radio Inc. stock, according to a 424B3 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:	Sirius Satellite Radio Inc.
Amount:	$3.6 million
Maturity:	Oct. 19, 2006
Coupon:	15%
Price:	Par
Payout at maturity:	Par in cash if Sirius stock never trades at the knock-in level of $4.32 or below, otherwise smaller of par in cash or 162.075 shares of Sirius stock
Knock-in price:	$4.32, 70% of initial price
Exchange ratio:	162.075
Exchange price:	$6.17 (initial level of Sirius stock)
Pricing date:	Oct. 14
Settlement date:	Oct. 19
Lead manager:	LaSalle Financial Services, Inc., ABN Amro Inc.
Distribution:	Off shelf

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