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Published on 2/1/2013 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $14.75 million Capped Leveraged Index Return Notes linked to gold

New York, Feb. 1 - Barclays Bank plc priced $14.75 million of 0% Capped Leveraged Index Return Notes due Feb. 3, 2015 tied to the Gold spot price index, according to a 424B2 filing with the Securities and Exchange Commission.

If the return is positive, the payout at maturity will be par plus 200% of the gold return, subject to a maximum payout of par plus 15.8%. Investors will receive par if the gold spot price falls by up to 5% and will lose 1% for every 1% decline in the gold spot price beyond 5%.

Merrill Lynch & Co. is the underwriter.

Issuer:Barclays Bank plc
Issue:Capped Leveraged Index Return Notes
Underlying asset:Gold spot price
Amount:$14,747,030
Maturity:Feb. 3, 2015
Coupon:0%
Price:Par
Payout at maturity:If return is positive, par plus 200% of gold price return, subject to maximum payout of par plus 15.8%; par if gold spot price falls by up to 5%; 1% loss for every 1% decline beyond 5%
Initial index level:1,677.50
Pricing date:Jan. 30
Settlement date:Feb. 6
Underwriters:Merrill Lynch & Co.
Fees:2%
Cusip:06742A230

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