New Issue: Barclays prices $31.8 million return optimization securities linked to S&P 500 via UBS

By Angela McDaniels

Tacoma, Wash., July 30 - Barclays Bank plc priced $31.8 million of 0% return optimization securities with partial protection due Jan. 29, 2010 linked to the S&P 500, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 200% of any index gain, subject to a maximum return of 19.72%. Investors will receive par if the index declines by 10% or less and will lose 1% for every index decline beyond 10%.

UBS Financial Services Inc. and Barclays Capital Inc. are the underwriters.

Issuer:	Barclays Bank plc
Issue:	Return optimization securities with partial protection
Underlying index:	S&P 500
Amount:	$31,794,830
Maturity:	Jan. 29, 2010
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 200% of any index gain, capped at maximum return of 19.72%; par if index declines by 10% or less; 1% loss for every 1% decline beyond 10%
Initial share price:	1,234.37
Pricing date:	July 28
Settlement date:	July 31
Underwriters:	UBS Financial Services Inc. and Barclays Capital Inc.
Fees:	1.75%

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