New Issue: Barclays prices $2.8 million contingent return optimization notes linked to Russell 2000

By Angela McDaniels

Tacoma, Wash., June 29 - Barclays Bank plc priced $2.8 million of 0% contingent return optimization securities due June 28, 2013 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is at least 75% of the initial index level, the payout at maturity will be par of $10 plus the index return, subject to a minimum return of 10% and a maximum return of 30%.

If the final index level is less than 75% of the initial level, investors will be fully exposed to the index decline from the initial level.

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

Issuer:	Barclays Bank plc
Issue:	Contingent return optimization securities
Underlying index:	Russell 2000
Amount:	$2,799,550
Maturity:	June 28, 2013
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If final index level is at least 75% of initial index level, par plus index return, subject to minimum return of 10% and maximum return of 30%; otherwise, full exposure to index decline
Initial index level:	805.14
Pricing date:	June 27
Settlement date:	June 30
Underwriters:	UBS Financial Services Inc. and Barclays Capital Inc.
Fees:	2%
Cusip:	06741K338

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