New Issue: Barclays prices $4.25 million contingent buffered return enhanced notes linked to Wells Fargo

By Angela McDaniels

Tacoma, Wash., Aug. 7 - Barclays Bank plc priced $4.25 million of 0% contingent buffered return enhanced notes due Aug. 21, 2013 linked to the common stock of Wells Fargo & Co., according to a 424B2 filing with the Securities and Exchange Commission.

If the final share price is at least 70% of the initial share price, the payout at maturity will be par plus 8%. Otherwise, investors will be fully exposed to the share price's decline from the initial share price.

Barclays is the underwriter with J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA as dealers.

Issuer:	Barclays Bank plc
Issue:	Contingent buffered return enhanced notes
Underlying stock:	Wells Fargo & Co. (Symbol: WFC)
Amount:	$4,247,000
Maturity:	Aug. 21, 2013
Coupon:	0%
Price:	Par
Payout at maturity:	If final share price is at least 70% of initial share price, par plus 8%; otherwise, full exposure to share price's decline
Initial share price:	$34.34
Pricing date:	Aug. 3
Settlement date:	Aug. 8
Underwriter:	Barclays
Dealers:	JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC
Fees:	1%
Cusip:	06741JL31

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