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Published on 9/29/2011 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $500,000 buffered Super Track notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., Sept. 29 - Barclays Bank plc priced $500,000 of 0% buffered Super Track notes due July 31, 2012 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus the index return if the index return is positive, subject to a maximum return of 17.25%. Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that it declines beyond 10%.

Barclays Capital Inc. is the agent.

Issuer:Barclays Bank plc
Issue:Buffered Super Track notes
Underlying index:S&P 500
Amount:$500,000
Maturity:July 31, 2012
Coupon:0%
Price:Par
Payout at maturity:Par plus 100% of any index gain, up to maximum return of 17.25%; par if index falls by 10% or less; 1% loss for every 1% that index declines beyond 10%
Initial index level:1,175.38
Pricing date:Sept. 27
Settlement date:Sept. 30
Agent:Barclays Capital Inc.
Fees:None
Cusip:06738KWL1

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