New Issue: ABN Amro prices $0.14 million 16.25% reverse convertibles linked to Southwestern Energy

New York, Nov. 30 - ABN Amro Bank NV priced $0.14 million of 16.25% Knock-In Reverse Exchangeable notes due May 30, 2008 linked to Southwestern Energy Corp. stock, according to a 424B2 filing with the Securities and Exchange Commission.

Payout at maturity will be par in cash unless Southwestern Energy stock falls below the protection price of $20.165, 80% of the initial price of $49.59, during the life of the notes and finishes below the initial price in which case the payout will be 39.67 shares of Southwestern Energy stock.

ABN Amro Inc. is the agent.

Issuer:	ABN Amro Bank NV
Issue:	Knock-In Reverse Exchangeable notes
Underlying stock:	Southwestern Energy Corp.
Amount:	$0.14 million
Maturity:	May 30, 2008
Coupon:	16.25%, payable monthly
Price:	Par
Payout at maturity:	Par in cash unless Southwestern Energy stock falls below the protection price of $20.165, 80% of the initial price, and finishes below the initial price, in which case 39.67 shares of Southwestern Energy stock.
Initial price:	$49.59
Protection price:	$20.165, 80% of $49.59
Exchange ratio:	39.67
Pricing date:	Nov. 27
Settlement date:	Nov. 30
Agent:	ABN Amro Inc.
Agent fee:	1.75%

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