New Issue: ABN Amro prices $4.445 million 13% reverse convertibles linked to Western Union

New York, July 24 - ABN Amro Bank NV priced $4.445 million of 13% reverse convertible notes due Jan. 26, 2008 linked to Western Union Co. stock, according to a 424B2 filing with the Securities and Exchange Commission.

Payout at maturity will be par in cash unless Western Union stock falls below the protection price, 80% of the initial price of $20.70, during the life of the notes and finishes below the initial price in which case the payout will be 48.309 shares of Western Union stock.

ABN Amro Inc. is the agent.

Issuer:	ABN Amro Bank NV
Issue:	Reverse convertible notes
Underlying stock:	Western Union Co.
Amount:	$4.445 million
Maturity:	Jan. 26, 2008
Coupon:	13%, payable monthly
Price:	Par
Payout at maturity:	Par in cash unless Western Union stock falls below the protection price , 80% of the initial price, and finishes below the initial price, in which case 48.309 shares of Western Union stock.
Initial price:	$20.70
Exchange ratio:	48.309
Pricing date:	July 23
Settlement date:	July 26
Agent:	ABN Amro Inc.
Agent fee:	1.5%

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