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Published on 5/27/2010 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $1 million buffered Super Track digital notes linked to S&P 500

By Jennifer Chiou

New York, May 27 - Barclays Bank plc priced $1 million of 0% buffered Super Track digital notes due May 31, 2012 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial level, the payout at maturity will be par plus 16.6%. Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that the index declines beyond 10%.

Barclays Capital Inc. is the agent.

Issuer:Barclays Bank plc
Issue:Buffered Super Track digital notes
Underlying index:S&P 500
Amount:$1 million
Maturity:May 31, 2012
Coupon:0%
Price:Par
Payout at maturity:If the final index level is greater than initial level, par plus 16.6%; par if index declines by 10% or less; 1% loss for every 1% that index declines beyond 10%
Initial index level:1,074.03
Pricing date:May 25
Settlement date:May 28
Agent:Barclays Capital Inc.
Fees:2.5%
Cusip:06740LL60

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