New Issue: ABN Amro sells $1.5 million 10% Knock-in Reverse Exchangeables linked to Starbucks

By Susanna Moon

Chicago, Jan. 4 - ABN Amro Bank NV priced $1.5 million of 10% Knock-in Reverse Exchangeable Securities due Jan. 9, 2009 linked to the common shares of Starbucks Corp., according to an FWP filing with the Securities and Exchange Commission.

If Starbucks shares fall below the knock-in price - 70% of the initial share price - during the life of the notes and close below the initial share price, investors will receive a number of shares equal to $1,000 divided by the initial share price.

Otherwise, the payout will be par.

ABN Amro Inc. is the agent.

Issuer:	ABN Amro Bank NV
Issue:	Knock-in Reverse Exchangeable Securities
Underlying stock:	Starbucks Corp. (Nasdaq: SBUX)
Amount:	$1.5 million
Maturity:	Jan. 9, 2009
Coupon:	10%, payable monthly
Price:	Par
Payout at maturity:	If the stock fall below the knock-in price during the life of the notes and finish below the initial share price, 53.447 Starbucks shares; otherwise, par
Initial share price:	$18.71
Knock-in price:	$13.10, 70% of initial share price
Pricing date:	Jan. 3
Settlement date:	Jan. 10
Agent:	ABN Amro Inc.

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