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Published on 10/28/2010 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $1.5 million Buffered SuperTrack Digital Notes linked to S&P 500 index

By E. Janene Geiss

Philadelphia, Oct. 28 - Barclays Bank plc priced $1.5 million of 0% Buffered SuperTrack Digital Notes due Oct. 31, 2012 based on the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its initial level, the payout at maturity will be par plus 11.25%. Investors will receive par if the index falls by up to 20% and will be exposed to any decline beyond 20%.

Barclays Capital Inc. is the agent.

Issuer:Barclays Bank plc
Issue:Buffered SuperTrack Digital Notes
Underlying fund: S&P 500 index
Amount:$1.5 million
Maturity:Oct. 31, 2012
Coupon:0%
Price:Par
Payout at maturity:Par plus 11.25% if the index gains; par if the index declines by 20% or less; exposure to losses beyond 20%
Initial index level:1,185.64
Pricing date:Oct. 26
Settlement date:Oct. 29
Agent:Barclays Capital Inc.
Fees:2.5%
Cusip:06740P2L9

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