New Issue: Barclays sells $10.69 million notes linked to Euro Stoxx 50 via JPMorgan

By Angela McDaniels

Seattle, Sept. 24 - Barclays Bank plc priced $10.69 million of 0% buffered return enhanced notes due Oct. 3, 2008 linked to the Dow Jones Euro Stoxx 50 index via JPMorgan Chase Bank, NA and J.P. Morgan Securities Inc., according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any index gain, subject to a maximum return of 18.5%. Investors will receive par if the index declines by 10% or less and will lose 1.1111% for each 1% decline beyond 10%.

Issuer:	Barclays Bank plc
Issue:	Buffered return enhanced notes
Underlying index:	Dow Jones Euro Stoxx 50
Amount:	$10.69 million
Maturity:	Oct. 3, 2008
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus double any index gain, capped at 18.5% maximum return; par if index falls by 10% or less; 1.1111% loss for each 1% index decline beyond 10%
Initial index level:	4,370.35
Final index level:	Average of index's closing levels on Sept. 24, Sept. 25, Sept. 26, Sept. 29 and Sept. 30 of 2008
Pricing date:	Sept. 21
Settlement date:	Sept. 26
Agents:	JPMorgan Chase Bank, NA and J.P. Morgan Securities Inc.
Fees:	1%

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