New Issue: Barclays sells $17.7 million notes tied to buffered return enhanced indexes via JPMorgan

By Angela McDaniels

Tacoma, Wash., Dec. 9 - Barclays Bank plc priced $17.7 million of 0% notes due Dec. 23, 2009 linked to a basket of three buffered return enhanced components via underwriters J.P. Morgan Securities Inc. and JPMorgan Chase Bank, NA, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes the Dow Jones Euro Stoxx 50 index with a 55% weight, the FTSE 100 index with a 25% weight and the Topix index with a 20% weight.

The payout at maturity will be par plus the basket return, which will equal the sum of the weighted returns for the basket indexes.

If a basket index finishes above its initial level, its return will be double the gain, capped at a maximum return. If a basket index falls by 10% or less, its return will be 0%. If a basket index falls by more than 10%, its return will be 0% minus 1.1111% for each 1% decline beyond 10%.

The maximum return is 31.2% for the Euro Stoxx 50, 30.8% for the FTSE 100 and 26.8% for the Topix. Based on the maximum returns for each index, the maximum payout at maturity is $1,302.20 per $1,000 principal amount of notes.

Issuer:	Barclays Bank plc
Issue:	Notes linked to three buffered return enhanced components
Underlying components: Dow Jones Euro Stoxx 50 index (55% weight), FTSE 100 index (25% weight) and Topix index (20% weight)
Amount:	$17,703,000
Maturity:	Dec. 23, 2009
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus the sum of the three index returns
Index returns:	If the index increases, two times the gain, capped at a maximum return of 31.2% for Euro Stoxx, 30.8% for FTSE 100 and 26.8% for Topix; if the index declines by 10% or less, 0%; if the index declines by more than 10%, 0% minus 1.1111% for each 1% decline beyond 10%
Initial index levels:	2,252.09 for Euro Stoxx; 4,049.37 for FTSE 100; 786.02 for Topix
Final index levels:	For each index, the average of its closing levels on the five trading days ending Dec. 18, 2009
Pricing date:	Dec. 5
Settlement date:	Dec. 10
Agents:	J.P. Morgan Securities Inc. and JPMorgan Chase Bank, NA
Fees:	1%

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