New Issue: Barclays prices $4 million two-year 80% protected notes on S&P BRIC 40 via JPMorgan

By Susanna Moon

Chicago, March 11 - Barclays Bank plc priced $4 million of 0% notes due March 14, 2013 based on the S&P BRIC 40 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index falls by up to 20%, the payout at maturity will be par plus the index return, up to a maximum return of 21.2%.

Otherwise, the payout will be 80% of par.

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

Issuer:	Barclays Bank plc
Issue:	Notes
Underlying index:	S&P BRIC 40
Amount:	$4 million
Maturity:	March 14, 2013
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain, capped at 21.2%; floor of 80% of par
Initial level:	2,813.43
Pricing date:	March 10
Settlement date:	March 15
Agents:	JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC
Fees:	1.5%
Cusip:	06738KEH0

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