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Published on 6/8/2007 in the Prospect News Structured Products Daily.

Barclays to price 0% buffered return enhanced notes linked to Euro Stoxx via JPMorgan

By Angela McDaniels

Seattle, June 8 - Barclays Bank plc plans to price 0% buffered return enhanced notes due June 27, 2008 linked to the Dow Jones Euro Stoxx 50 index via JPMorgan Chase Bank, NA and J.P. Morgan Securities Inc., according to an FWP filing with the Securities and Exchange Commission.

The notes are expected to price on June 15 and settle on June 20.

The payout at maturity will be par plus double any index gain, subject to a maximum return of 16%. Investors will receive par if the index falls by 10% or less and will lose 1.1111% for each 1% decline beyond 10%.

The final index level will be the average of the index's closing levels on June 18, June 19, June 20, June 23 and June 24 of 2008.


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