New Issue: Barclays prices $1.05 million return enhanced notes linked to Topix via JPMorgan

By Angela McDaniels

Tacoma, Wash., April 5 - Barclays Bank plc priced $1.05 million of 0% return enhanced notes due July 9, 2010 linked to the Topix index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any index gain, subject to a maximum return of 6.9%. Investors will be exposed to any index decline.

JPMorgan Chase Bank, NA and J.P. Morgan Securities Inc. are the agents.

Issuer:	Barclays Bank plc
Issue:	Return enhanced notes
Underlying index:	S&P 500
Amount:	$1,052,000
Maturity:	July 9, 2010
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus double any index gain, up to maximum return of 6.9%; exposure to any index decline
Initial index level:	985.26
Final index level:	Average of index's closing levels on June 30, July 1, July 2, July 5 and July 6
Pricing date:	April 1
Settlement date:	April 7
Agents:	JPMorgan Chase Bank, NA and J.P. Morgan Securities Inc.
Fees:	0.25%
Cusip:	06740LCA1

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