New Issue: Barclays prices $1 million more 8% reverse convertibles linked to Cisco

New York, Oct. 25 - Barclays Bank plc priced another $1 million of 8% reverse convertible notes due Aug. 14, 2013 linked to Cisco Systems, Inc. shares, adding to the original $86,000 priced on Aug. 10, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par in cash unless Cisco Systems shares fall below the protection price of $14.30, 80% of the initial price of $17.54, during the life of the notes and finish below the initial price in which case the payout will be 57.012543 shares of Cisco Systems stock.

Barclays Capital is the agent.

Issuer:	Barclays Bank plc
Issue:	Reverse convertible notes
Underlying stock:	Cisco Systems, Inc. (Symbol: CSCO)
Amount:	$1,086,000 (up from original $86,000)
Maturity:	Aug. 14, 2013
Coupon:	8%, payable monthly
Price:	Par
Payout at maturity:	Par in cash unless Cisco Systems shares fall below the protection price of $14.30, 80% of the initial price, and finish below the initial price, in which case 57.012543 shares of Cisco Systems stock
Initial price:	$17.54
Protection price:	$14.30, 80% of $17.54
Exchange ratio:	57.012543
Pricing date:	Aug. 10 for original $86,000; Oct. 24 for $1 million
Settlement date:	Aug. 15 for initial tranche; Oct. 29 for add-on
Agent:	Barclays Capital
Fees:	2.5%
Cusip:	06741JM55

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