New Issue: Barclays prices $3.33 million notes linked to Asia ex Japan basket via UBS

By Jennifer Chiou

New York, July 23 - Barclays Bank plc priced $3.33 million of 0% return optimization securities due Jan. 21, 2011 linked to an Asia ex Japan index basket via UBS Financial Services Inc. and Barclays Capital Inc., according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes the Hang Seng China Enterprises index with a 50% weight, the Hang Seng index with a 30% weight, the MSCI Singapore index with a 10% weight and the SET50 index with a 10% weight.

The payout at maturity will be par of $10 plus triple any basket gain, subject to a maximum return of 39.3%. Investors will share in any losses.

Issuer:	Barclays Bank plc
Issue:	Return optimization securities
Underlying basket:	Hang Seng China Enterprises index (50% weight), Hang Seng (30% weight), MSCI Singapore (10% weight) and SET50 (10% weight)
Amount:	$3,332,240
Maturity:	Jan. 21, 2011
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus triple any basket gain, up to maximum return of 39.3%; investors share in losses
Initial index levels:	11,481.30 for Hang Seng China Enterprises; 19,248.17 for Hang Seng; 295.16 for MSCI Singapore; 429.24 for SET50
Pricing date:	July 22
Settlement date:	July 24
Agents:	UBS Financial Services Inc. and Barclays Capital Inc.
Fees:	1.75%

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