New Issue: Barclays sells $14.36 million 0% notes linked to Asian index basket via JPMorgan

By Angela McDaniels

Seattle, Oct. 9 - Barclays Bank plc priced a $14.36 million issue of 0% buffered return enhanced notes due Nov. 26, 2008 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes the FTSE/Xinhua China 25 index with a 28.4% weight, the Kospi 200 index with a 27.55% weight, the MSCI Taiwan index with a 19.8% weight, the Amex Hong Kong 30 index with a 15.8% weight and the MSCI Singapore Free index with an 8.45% weight.

The payout at maturity will be par plus double any basket gain up to a maximum return of 21.7%. Investors will receive par if the basket falls by 10% or less and will lose 1.1111% for each 1% decline beyond 10%.

JPMorgan Chase Bank, NA and J.P. Morgan Securities Inc. are the agents.

Issuer:	Barclays Bank plc
Issue:	Buffered return enhanced notes
Underlying indexes:	FTSE/Xinhua China 25 (28.4% weight), Kospi 200 (27.55% weight), MSCI Taiwan (19.8% weight), Amex Hong Kong 30 (15.8% weight) and MSCI Singapore Free (8.45% weight)
Amount:	$14,357,000
Maturity:	Nov. 26, 2008
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus double any basket gain, capped at 21.7% maximum return; par if basket falls by 10% or less; 1.1111% loss per 1% drop beyond 10%
Pricing date:	Oct. 5
Settlement date:	Oct. 11
Agents:	JPMorgan Chase Bank, NA and J.P. Morgan Securities Inc.
Fees:	1%

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