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Published on 12/31/2009 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $1 million principal-protected notes linked to three indexes

By Angela McDaniels

Tacoma, Wash., Dec. 31 - Barclays Bank plc priced $1 million of zero-coupon 100% principal-protected notes due Dec. 31, 2015 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The equally weighted basket includes the Dow Jones Euro Stoxx 50, Nikkei 225 and S&P 500 indexes.

The payout at maturity will be par plus the basket return, subject to a minimum payout of par and a maximum payout of $1,580 per $1,000 principal amount of notes.

Barclays Capital Inc. is the agent.

Issuer:Barclays Bank plc
Issue:100% principal-protected notes
Underlying indexes:Dow Jones Euro Stoxx 50, Nikkei 225 and S&P 500, equally weighted
Amount:$1 million
Maturity:Dec. 31, 2015
Coupon:0%
Price:Par
Payout at maturity:Par plus any basket gain, up to maximum return of 58%; floor of par
Initial index levels:2,982.42 for Dow Jones Euro Stoxx 50; 10,634.23 for Nikkei 225; 1,127.78 for S&P 500
Pricing date:Dec. 28
Settlement date:Dec. 31
Agent:Barclays Capital Inc.
Fees:3.5%

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