New Issue: Barclays sells $5.57 million return optimization securities linked to gold via UBS

By Susanna Moon

Chicago, June 29 - Barclays Bank plc priced $5.57 million of 0% return optimization securities with partial protection due July 29, 2011 based on the price of gold, according to a 424B2 filing with the Securities and Exchange Commission.

UBS Financial Services Inc. and Barclays Capital Inc. are the underwriters.

The payout at maturity will be par of $10 plus double any gain in the price of gold, up to a maximum return of $12.57 per note.

Investors will receive par if the price falls by up to 10% and will be exposed to losses beyond 10%.

Issuer:	Barclays Bank plc
Issue:	Return optimization securities with partial protection
Underlying commodity:	Gold
Amount:	$5,566,500
Maturity:	July 29, 2011
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 200% of any price gain, capped at 25.7%; exposure to losses beyond 10%
Initial level:	$1,254
Pricing date:	June 25
Settlement date:	June 30
Underwriters:	UBS Financial Services Inc. and Barclays Capital Inc.
Fees:	1.35%
Cusip:	06740L360

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