New Issue: Barclays prices $629,000 buffered digital plus notes linked to Asian currencies versus euro

By Angela McDaniels

Tacoma, Wash., June 2 - Barclays Bank plc priced $629,000 of 0% buffered digital plus notes due May 31, 2012 linked to the performance of a basket of currencies relative to the euro, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes equal weights of the South Korean won, Indonesian rupiah and Singapore dollar.

If the basket appreciates relative to the euro, the payout at maturity will be par plus the greater of the basket gain and 24%. Investors will receive par if the basket declines by 5% or less and will lose 1.05625% for every 1% that it declines beyond 5%.

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

Issuer:	Barclays Bank plc
Issue:	Buffered digital plus notes
Underlying currencies:	South Korean won, Indonesian rupiah and Singapore dollar, equally weighted
Amount:	$629,000
Maturity:	May 31, 2012
Coupon:	0%
Price:	Par
Payout at maturity:	If basket appreciates relative to euro, par plus greater of basket gain and 24%; par if basket declines by 5% or less; 1.05625% loss for every 1% decline beyond 5%
Initial exchange rates:	1,476.6061 for won; 11,297.91 for rupiah; 1.7203 for Singapore dollar
Final exchange rates:	For each currency, the average of its exchange rates on the five trading days ending May 25, 2012
Pricing date:	May 28
Settlement date:	June 3
Agents:	JPMorgan Chase Bank, NA and J.P. Morgan Securities Inc.
Fees:	1.5%
Cusip:	06740LR98

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