New Issue: Barclays prices $9.9 million 0% notes on buffered return enhanced indexes

By Jennifer Chiou

New York, Aug. 30 - Barclays Bank plc priced $9.9 million of 0% notes due Sept. 20, 2011 linked to a basket of buffered return enhanced components, according to a 424B2 filing with the Securities and Exchange Commission.

The components are the Euro Stoxx 50 index with a 52% weight, the FTSE 100 index with a 24% weight and the Topix index with a 24% weight.

The payout at maturity is par plus the basket return, which will equal the sum of the weighted component returns for the basket indexes.

If an index's underlying return is positive, its component return will be double the underlying return, subject to a cap. If an index's underlying return is less than or equal to zero but not less than negative 10%, its component return is zero. If an index's underlying return is less than negative 10%, its component return is 0% minus 1.11111% for every 1% that the underlying return is less than negative 10%.

The cap is 20.7% for the Euro Stoxx 50, 16.6% for the FTSE 100 and 10.7% for the Topix. The maximum payout at maturity is $1,173.10 per $1,000 principal amount of notes.

JPMorgan Chase Bank, NA and J.P. Morgan Securities Inc. are the agents.

Issuer:	Barclays Bank plc
Issue:	Buffered return enhanced notes
Underlying indexes:	Euro Stoxx 50 (52% weight), FTSE 100 (24% weight), Topix (24% weight)
Amount:	$9,895,000
Maturity:	Sept. 20, 2011
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus sum of weighted component returns for the basket indexes; component return is double the underlying return, subject to cap of 20.7% for the Euro Stoxx 50, 16.6% for the FTSE 100 and 10.7% for the Topix; if an index's underlying return is less than or equal to zero but not less than negative 10%, component return is zero; if underlying return is less than negative 10%, component return is 0% minus 1.11111% for every 1% that the underlying return is less than negative 10%
Initial index levels:	2,630.35 for Euro Stoxx 50, 5,201.56 for FTSE 100 index and 819.62 for Topix
Final basket level:	Average of basket's levels on the five trading days ending Sept. 14, 2011
Pricing date:	Aug. 27
Settlement date:	Sept. 1
Agents:	JPMorgan Chase Bank, NA and J.P. Morgan Securities Inc.
Fees:	1%
Cusip:	06740PNA0

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