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Published on 4/29/2010 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $500,000 buffered Super Track notes on iShares DJ U.S. Real Estate

By Jennifer Chiou

New York, April 29 - Barclays Bank plc priced $500,000 of 0% buffered Super Track notes due Oct. 31, 2011 linked to the iShares Dow Jones U.S. Real Estate index fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any increase in the exchange-traded fund's share price, subject to a maximum return of 16.25%. Investors will receive par if the share price declines by 10% or less and will lose 1% for every 1% that it declines beyond 10%.

Barclays Capital Inc. is the agent.

Issuer:Barclays Bank plc
Issue:Buffered Super Track notes
Underlying ETF:iShares Dow Jones U.S. Real Estate index fund
Amount:$500,000
Maturity:Oct. 31, 2011
Coupon:0%
Price:Par
Payout at maturity:Par plus double any share price gain, up to maximum return of 16.25%; par if share price falls by 10% or less; 1% loss for every 1% decline beyond 10%
Initial share price:$52.34
Pricing date:April 27
Settlement date:April 30
Agent:Barclays Capital Inc.
Fees:2.1%
Cusip:06740LDE2

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