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Published on 12/31/2009 in the Prospect News Structured Products Daily.

New Issue: ABN Amro prices $0.09 million 15.35% reverse convertibles linked to Whole Foods

New York, Dec. 30 - ABN Amro Bank NV priced $0.094 million of 15.35% Knock-In Reverse Exchangeable notes due June 30, 2010 linked to Whole Foods Market, Inc. shares, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par in cash unless Whole Foods shares fall below the protection price of $21.39, 75% of the initial price of $28.52, during the life of the notes and finish below the initial price in which case the payout will be 35.063 shares of Whole Foods stock.

RBS Securities Inc. is the agent.

Issuer:ABN Amro Bank NV
Issue:Knock-In Reverse Exchangeable notes
Underlying stock:Whole Foods Market, Inc. (Symbol: WFMI)
Amount:$0.094 million
Maturity:June 30, 2010
Coupon:15.35%, payable monthly
Price:Par
Payout at maturity:Par in cash unless Whole Foods shares fall below the protection price of $21.39, 75% of the initial price, and finish below the initial price, in which case 35.063 shares of Whole Foods stock
Initial price:$28.52
Protection price:$21.39, 75% of $28.52
Exchange ratio:35.063
Pricing date:Dec. 23
Settlement date:Dec. 31
Agent:RBS Securities Inc.
Fees:1.75%

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