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Published on 1/16/2013 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $4 million Super Track notes linked to Hang Seng China Enterprises

By Angela McDaniels

Tacoma, Wash., Jan. 16 - Barclays Bank plc priced $4 million of 0% Super Track notes due July 17, 2014 linked to the Hang Seng China Enterprises index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial level, the payout at maturity will be par plus 150% of the index return, subject to a maximum return of 30.25%.

If the final index level is less than or equal to the initial level but greater than or equal to the barrier level, the payout will be par. The barrier level is 80% of the initial index level.

If the final index level is less than the barrier level, investors will be fully exposed to the index's decline from its initial level.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Super Track notes
Underlying index:Hang Seng China Enterprises index
Amount:$4 million
Maturity:July 17, 2014
Coupon:0%
Price:Par
Payout at maturity:If final index level is greater than initial level, par plus 150% of index return, subject to maximum return of 30.25%; if final index level is less than or equal to initial level but greater than or equal to barrier level, par; if final index level is less than barrier level, full exposure to index's decline from initial level
Initial index level:11,842.59
Barrier level:9,474.07, 80% of initial index level
Pricing date:Jan. 14
Settlement date:Jan. 17
Agent:Barclays
Fees:1%
Cusip:06741TMV6

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