New Issue: ABN Amro prices $1.35 million 8.2% notes linked to Best Buy via LaSalle

By Angela McDaniels

Seattle, Jan. 19 - ABN Amro Bank NV priced a $1.35 million issue of 8.2% Knock-In Reverse Exchangeable Securities due Jan. 22, 2008 linked to the common stock of Best Buy Co., Inc. via agent LaSalle Financial Services, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

Interest will be payable monthly.

The payout at maturity will be par unless Best Buy stock falls below the knock-in level of $34.06 during the life of the notes and finishes below the initial share price of $48.65, in which case the payout will be a number of Best Buy shares equal to $1,000 divided by the initial share price.

Issuer:	ABN Amro Bank NV
Issue:	Knock-In Reverse Exchangeable Securities
Underlying stock:	Best Buy Co., Inc.
Amount:	$1.35 million
Maturity:	Jan. 22, 2008
Coupon:	8.2%, payable monthly
Price:	Par
Payout at maturity:	Par if Best Buy stock remains at or above the knock-out level during the life of the notes or finishes at or above the initial share price; otherwise, 20.555 shares of Best Buy stock
Knock-in level:	$34.06, 70% of the initial share price
Initial share price:	$48.65
Pricing date:	Jan. 17
Settlement date:	Jan. 22
Agent:	LaSalle Financial Services, Inc.
Agent fees:	2.5%

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