New Issue: Barclays prices $5.22 million 0% Super Track notes linked to S&P 500

By Jennifer Chiou

New York, May 29 - Barclays Bank plc priced a $5.22 million offering of 0% Super Track notes due June 27, 2008 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any gain on the index, subject to a maximum return of 15%. Investors will participate fully in any decline in the index.

Barclays Capital Inc. is the agent.

Issuer:	Barclays Bank plc
Issue:	Super Track notes
Underlying index:	S&P 500
Amount:	$5.22 million
Maturity:	June 27, 2008
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus double any gain on the index, subject to maximum return of 15%; full exposure to any index decline
Initial index level:	1,507.51
Pricing date:	May 24
Settlement date:	May 30
Agent:	Barclays Capital Inc.
Fees:	1%

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