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Published on 12/8/2008 in the Prospect News Structured Products Daily.

Barclays to price Buffered Super Track notes linked to iShares MSCI Emerging Markets

By Jennifer Chiou

New York, Dec. 8 - Barclays Bank plc plans to price 0% Buffered Super Track notes due Jan. 21, 2011 linked to the iShares MSCI Emerging Markets index fund, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any fund gain, up to a maximum return of 60% to 78%. The exact cap will be set at pricing.

If the fund price falls by up to 10%, the payout will be par. Investors will lose 1% for each 1% decline beyond 10%.

The notes will price on Dec. 15 and settle on Dec. 18.

Barclays Capital Inc. is the agent.


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