Barclays moves pricing for 10 issues of reverse convertibles up to Feb. 22

By Jennifer Chiou

New York, Feb. 20 - Barclays Bank plc advanced the pricing date for 10 upcoming issues of reverse convertible notes due Aug. 29, 2008 to Feb. 22 from Feb. 29, according to an FWP filing with the Securities and Exchange Commission.

Affected notes include the 13% notes linked to Apple Inc., 14% notes linked to Arch Coal, Inc., 16% notes linked to Peabody Energy Corp., 14% notes linked to Deere & Co., 12% notes linked to Ford Motor Co., 19.25% notes linked Massey Energy Co., 12% notes linked to Nasdaq Stock Market, Inc., 14.25% notes linked to Nucor Corp., 14.75% notes linked to Research in Motion Ltd. and 16.5% notes linked to Titanium Metals Corp.

The notes are expected to settle on Feb. 29.

Interest will be payable monthly.

If a company's stock falls below the knock-in price during the life of the notes and finishes below the initial share price, the payout at maturity will be a number of shares equal to par divided by the initial share price, or the equivalent cash value, at the company's option.

Otherwise, the payout will be par.

Barclays Capital is the agent.

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