New Issue: Barclays sells $2.12 million PLUS linked to Euro Stoxx 50 via Morgan Stanley

By Susanna Moon

Chicago, June 29 - Barclays Bank plc priced $2.12 million of 0% Performance Leveraged Upside Securities due Dec. 29, 2011 based on the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

Morgan Stanley Smith Barney LLC and Barclays Capital Inc. are the agents.

The payout at maturity will be par of $10 plus triple any index gain, up to a maximum gain of $13.20 per note.

Investors will be exposed to any index decline.

Issuer:	Barclays Bank plc
Issue:	Performance Leveraged Upside Securities
Underlying index:	Euro Stoxx 50
Amount:	$2,124,130
Maturity:	Dec. 29, 2011
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 300% of any index gain, capped at 32%; exposure to any losses
Initial index level:	2,629.25
Pricing date:	June 25
Settlement date:	June 30
Agents:	Morgan Stanley Smith Barney LLC and Barclays Capital Inc.
Fees:	2%
Cusip:	06740L535

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