New Issue: Barclays sells $4.4 million 10.7% trigger yield optimization notes on United Continental

By Marisa Wong

Madison, Wis., April 29 - Barclays Bank plc priced $4.4 million of 10.7% annualized trigger yield optimization notes due Oct. 31, 2011 linked to the common stock of United Continental Holdings, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

The face amount of each note is equal to $22.78, the initial price of United Continental stock.

Interest will be payable monthly.

The payout at maturity will be par unless the final price of United Continental stock is less than 70% of the initial share price, in which case investors will receive one United Continental share per note.

UBS Financial Services Inc. and Barclays Capital Inc. are the agents.

Issuer:	Barclays Bank plc
Issue:	Trigger yield optimization notes
Underlying stock:	United Continental Holdings, Inc. (NYSE: UAL)
Amount:	$4,403,328.44
Maturity:	Oct. 31, 2011
Coupon:	10.7%, payable monthly
Price:	Par of $22.78
Payout at maturity:	If final price of United Continental stock is less than 70% of initial price, one United Continental share per note; otherwise, par
Initial price:	$22.78
Trigger price:	$15.95, 80% of initial price
Pricing date:	April 27
Settlement date:	April 29
Agents:	Barclays Capital Inc. and UBS Financial Services Inc.
Fees:	1%
Cusip:	06741K635

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