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Published on 1/22/2013 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $9.15 million Accelerated Return Notes linked to technology stocks

By Marisa Wong

Madison, Wis., Jan. 22 - Barclays Bank plc priced $9.15 million of 0% Accelerated Return Notes due March 28, 2014 linked to a basket of four equally weighted technology sector stocks, according to a 424B2 filing with the Securities and Exchange Commission.

The underlying companies are Microsoft Corp., Oracle Corp., Cisco Systems, Inc. and Qualcomm, Inc.

The payout at maturity will be par of $10 plus triple any basket gain, up to a maximum return of 18%.

Investors will be exposed to any losses.

Bank of America Merrill Lynch is the agent.

Issuer:Barclays Bank plc
Issue:Accelerated Return Notes
Underlying stocks:Microsoft Corp. (Nasdaq: MSFT), Oracle Corp. (ORCL), Cisco Systems, Inc. (Nasdaq: CSCO) and Qualcomm, Inc. (Nasdaq: QCOM)
Amount:$9,151,050
Maturity:March 28, 2014
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus triple any basket gain, capped at 18%; full exposure to losses
Initial prices:$27.23 for Microsoft, $34.62 for Oracle, $20.95 for Cisco, $65.12 for Qualcomm
Pricing date:Jan. 17
Settlement date:Jan. 23
Agent:Bank of America Merrill Lynch
Fees:2%
Cusip:06742A214

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