ABN AMRO Bank N.V. Reverse
Exchangeable Securities
S-NOTESSM
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Preliminary Pricing Sheet
– April 3,
2008
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TEN OFFERINGS OF
KNOCK-IN REXSM
SECURITIES
DUE APRIL 30,
2009
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OFFERING
PERIOD: APRIL 3, 2008 – APRIL 25,
2008
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SUMMARY
INFORMATION
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Issuer:
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ABN AMRO Bank N.V. (Senior Long
Term Debt Rating: Moody’s Aa2, S&P
AA-)
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Lead Agent:
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ABN AMRO
Incorporated
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Offerings:
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This prospectus relates to ten
separate offerings of securities (“the Securities”). Each Security offered is linked
to one, and only one, Underlying Stock. The Underlying Stocks are set
forth in the table below. You may
participate in any of the ten Securities offerings or, at your election,
in two or more of the offerings. This prospectus does not, however, allow
you to purchase a Security linked to a basket of some or all of the
Underlying Stocks described
below.
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Interest Payment
Dates:
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Interest on the Securities is
payable monthly in arrears on the last day of each month starting on May 31, 2008 and ending on the
Maturity Date.
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Underlying
Stock
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Ticker
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Coupon Rate
Per Annum
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Interest
Rate
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Put
Premium
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Knock-in
Level
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CUSIP
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ISIN
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Advanced Micro Devices,
Inc.
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AMD
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17.00%
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2.46%
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14.54%
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50%
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00083GJN5
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US00083GJN51
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Potash Corporation of Saskatchewan
Inc.
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POT
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16.50%
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2.46%
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14.04%
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70%
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00083GJP0
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US00083GJP00
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Lehman Brothers Holdings
Inc.
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LEH
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16.00%
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2.46%
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13.54%
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60%
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00083GJQ8
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US00083GJQ82
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Schering-Plough
Corporation
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SGP
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15.20%
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2.46%
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12.74%
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70%
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00083GJR6
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US00083GJR65
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Dick's Sporting Goods,
Inc.
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DKS
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13.50%
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2.46%
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11.04%
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70%
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00083GJS4
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US00083GJS49
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Polo Ralph Lauren
Corporation
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RL
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12.75%
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2.46%
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10.29%
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80%
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00083GJT2
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US00083GJT22
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JPMorgan Chase &
Co.
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JPM
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11.00%
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2.46%
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8.54%
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70%
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00083GJU9
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US00083GJU94
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ConocoPhillips
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COP
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10.00%
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2.46%
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7.54%
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80%
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00083GJV7
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US00083GJV77
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The Home Depot,
Inc.
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HD
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10.00%
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2.46%
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7.54%
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70%
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00083GJW5
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US00083GJW50
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Pfizer Inc.
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PFE
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10.00%
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2.46%
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7.54%
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85%
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00083GJX3
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US00083GJX34
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Denomination/Principal:
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$1,000
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Issue
Price:
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100%
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Payment at
Maturity:
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The payment at maturity for each
Security is based on the performance of the Underlying Stock linked to
such Security:
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i)
If the closing price of the applicable Underlying Stock on the primary
U.S. exchange or market for such
Underlying Stock has not fallen below the applicable Knock-In Level on any
trading day from but not including the Pricing Date to and including the
Determination Date, we will pay you the principal amount
of each Security in cash.
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ii) If the
closing price of the applicable Underlying Stock on the primary U.S.
exchange or market for such Underlying Stock has fallen below the
applicable Knock-In Level on any trading day from but
not including the Pricing Date to and including the Determination
Date:
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a) we will
deliver to you a number of shares of the applicable Underlying Stock equal to the
applicable Stock Redemption Amount, in the event that the closing price of
the applicable Underlying Stock on the
Determination Date is below the applicable Initial Price;
or
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b) we will pay
you the principal amount of each Security in cash, in the event that the
closing price of the applicable Underlying Stock on the Determination Date
is at or above the applicable Initial Price.
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You will receive cash in lieu of
fractional shares. If
due to events beyond our reasonable control, as determined by us in our sole
discretion, shares of the Underlying Stock are not available for delivery
at maturity we may pay you, in lieu of the Stock Redemption Amount, the
cash value of the Stock Redemption Amount, determined by multiplying the
Stock Redemption Amount by the Closing
Price of the Underlying Stock on the Determination
Date.
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Initial
Price:
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100% of the Closing Price of the
applicable Underlying Stock on the Pricing Date.
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Stock Redemption
Amount:
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For each $1,000 principal amount
of Security, a number of shares of the applicable Underlying Stock linked to such Security equal to
$1,000 divided by the applicable Initial
Price.
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Knock-In
Level:
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A percentage of the applicable
Initial Price as set forth in the table above.
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Indicative
Secondary
Pricing:
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• Internet at: www.s-notes.com
• Bloomberg at: REXS2
<GO>
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Status:
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Unsecured, unsubordinated
obligations of the Issuer
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Trustee:
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Wilmington Trust
Company
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Securities
Administrator:
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Citibank,
N.A.
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Settlement:
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DTC, Book Entry,
Transferable
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Selling
Restrictions:
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Sales in the European Union must
comply with the Prospectus Directive
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Proposed Pricing
Date:
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April 25, 2008, subject to certain
adjustments as described in the related pricing
supplement
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Proposed Settlement
Date:
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April 30,
2008
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Determination
Date:
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April 27, 2009, subject to certain
adjustments as described in the related pricing
supplement
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Maturity
Date:
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April 30, 2009 (One
Year)
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•
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If the closing
price of the applicable Underlying Stock on the relevant exchange has not
fallen below the applicable knock-in level on any trading day during the
Knock-in Period, we will pay you the principal amount of each Security in
cash.
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•
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If the closing
price of the applicable Underlying Stock on the relevant exchange has
fallen below the applicable knock-in level on any trading day during the
Knock-in Period, we will
either:
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•
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deliver to you
the applicable stock redemption amount, in exchange for each Security, in
the event that the closing price of the applicable Underlying Stock is
below the applicable initial price on the determination date;
or
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•
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pay you the principal amount of
each Security in cash, in the event that the closing price of the
applicable Underlying Stock is at or above the applicable initial
price on the
determination date.
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