NEW YORK--(BUSINESS WIRE)--

Barclays Bank PLC has today issued a notice of redemption to the Paying Agent, the Depositary and the Holders of the below mentioned Securities. The below is an exact copy of the contents of the letter as distributed:

Notice of Redemption: Barclays Bank PLC 7.100% Non-Cumulative Callable Dollar Preference Shares, Series 3, represented by American Depositary Shares, Series 3

This notice (the “Redemption Notice”) is in relation to Barclays Bank PLC’s (the “Company”) $1,375,000,000 7.100% Non-Cumulative Callable Dollar Preference Shares, Series 3 (ISIN: GB0094J48799) (the “Preference Shares”), represented by American Depositary Shares, Series 3 (CUSIP: 06739H 776, ISIN: US06739H7769) issued on September 13, 2007 (the “ADSs” and, collectively with the Preference Shares, the “Securities”).

The Securities were issued pursuant to the Agency Agreement, dated September 13, 2007 (the “Agency Agreement”), between the Company and The Bank of New York Mellon, London Branch, as Principal Paying Agent, Paying Agent and Registrar (the “Paying Agent”) and pursuant to the Deposit Agreement, dated April 25, 2006 (the “Deposit Agreement”), among the Company, The Bank of New York, as Depositary and all Holders (as such term is defined in the Deposit Agreement) from time to time of the American Depositary Receipts issued thereunder (the “Holders”), and pursuant to the prospectus dated August 31, 2007 and the prospectus supplement, dated September 6, 2007. Capitalized terms used herein and not defined herein shall have the respective meanings ascribed to such terms in the Agency Agreement.

The Company hereby notifies the Paying Agent, the Depositary and the Holders of the Securities that it elects to redeem the Securities pursuant to Section 6 of the Agency Agreement. Accordingly, the Company hereby requests that the Paying Agent provide this Redemption Notice to all Holders of the Securities.

Pursuant to the Conditions and the Articles, the Company hereby provides the following information in connection with such redemption:

No defect in this Redemption Notice or in the giving of notice will affect the validity of the redemption proceedings.

By 12:00 noon, London time, on the Redemption Date, the Company will irrevocably deposit with the Paying Agent funds sufficient to pay the Redemption Price, including the amount of accrued and unpaid dividends for each Security, and will also give the Paying Agent irrevocable instructions and authority to pay the Redemption Price to the Holders of the Securities.

When the Company makes the deposit referred to in the preceding paragraph, all rights of Holders of the Securities will cease, except the Holders’ rights to receive the Redemption Price, but without interest, and the Securities will no longer be outstanding.

In the event that any date on which a redemption payment on the Securities is to be made is not a Business Day, then payment of the Redemption Price payable on that date will be made on the next Business Day. There will be no interest or other payment due to the delay. If payment of the Redemption Price is improperly withheld or refused, then, subject to all restrictions on the payment of dividends currently applicable to the Securities (including the discretion of the Company with respect to payments), dividends on the Securities will continue to accrue at the then applicable rate, from the Redemption Date to the date of payment of the Redemption Price.

Should the Paying Agent or any Holder of the Securities have any inquiries, please contact:

Barclays Treasury

Barclays PLC

1 Churchill Place

London E14 5HP

United Kingdom

011-44-20-7116-1000

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