New Issue: Barclays prices $503,043 more 10.7% six-month Yeelds tied to Celanese

By Angela McDaniels

Tacoma, Wash., March 8 - Barclays Bank plc priced an additional $503,043.06 principal amount of 10.7% Yield Enhanced Equity Linked Debt Securities due July 27, 2011 linked to the common stock of Celanese Corp., according to a 424B2 filing with the Securities and Exchange Commission.

The issuer priced $7.5 million of the notes on Jan. 20. The total principal amount of notes priced is now $8 million.

Interest is payable monthly.

Each note has a face value of $41.43. The original issue priced at par. The additional notes priced at $41.18, or 99.4% of par, for proceeds of $500,007.56.

The payout at maturity will be an amount equal to the volume-weighted average price of Celanese stock on July 20, 2011. The payout will be capped at 110% of par and is payable in cash or Celanese stock at the issuer's option.

Barclays Capital Inc. is the agent.

Issuer:	Barclays Bank plc
Issue:	Yield Enhanced Equity Linked Debt Securities
Underlying stock:	Celanese Corp. (NYSE: CE)
Amount:	$8,003,074.53, increased from $7,500,031.47
Proceeds:	$8,000,039.03
Maturity:	July 27, 2011
Coupon:	10.7%, payable monthly
Price:	Par of $41.43 for $7,500,031.47 and 99.4 for $503,043.06
Payout at maturity:	Lesser of VWAP of Celanese stock on July 20, 2011 and equity cap price, payable in cash or stock
Initial share price:	$41.43
Equity cap price:	$45.573, 110% of the initial value
Pricing dates:	Jan. 20 for $7,500,031.47; March 8 for $503,043.06
Settlement dates:	Jan. 27 for original issue; March 15 for add-on
Agent:	Barclays Capital Inc.
Fees:	None
Cusip:	06741J505

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