New Issue: ABN Amro sells $3 million 10% Knock-In Reverse Exchangeables linked to Taubman Centers

By Jennifer Chiou

New York, April 11 - ABN Amro Bank NV priced $3 million of 10% Knock-In Reverse Exchangeable notes due April 12, 2007 linked to Taubman Centers, Inc. 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:	Taubman Centers, Inc.
Amount:	$3 million
Maturity:	April 12, 2007
Coupon:	10%, payable quarterly
Price:	Par
Payout at maturity:	If Taubman Centers stock closes below the knock-in price of $35.00 at any time, 24.284 shares of Taubman Centers stock; otherwise par in cash
Exchange price:	$41.18 (closing price of stock on pricing date)
Exchange ratio:	24.284 at maturity
Knock-in price:	$35.00 (84.99% of initial price)
Pricing date:	April 7
Settlement date:	April 12
Lead manager:	LaSalle Financial Services, Inc., ABN Amro Inc.
Distribution:	Off shelf

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