On September 10, 2012, Barclays Bank PLC (the “ Issuer”) launched invitations to holders of certain Notes (as set out in the table below) issued by the Issuer to tender any and all of such Notes for purchase by the Issuer (the “ Offers”), subject to applicable offer and distribution restrictions. Further to such invitations, the Issuer hereby informs the Noteholders that the Purchase Price for each Series of Notes has been calculated by the Dealer Manager in the manner described in the tender offer memorandum dated September 10, 2012 (the “ Tender Offer Memorandum”) and is set out in the table below:
|Aggregate||Spread||U.S.||Purchase Price per|
|Description of||Principal Amount||(Basis||Treasury||US$1,000|
|US$2,000,000,000||06739F FS5 /||US$2,000,000,000||145||1.842%||US$1,205.57|
|6.75 per cent.||US06739FFS56|
|Senior Notes due 2019|
|US$3,000,000,000||06739G AR0 /||US$2,824,000,000||140||1.842%||US$1,121.48|
|5.125 per cent.||US06739GAR02|
|Senior Notes due 2020|
The Offers remain open and are scheduled to expire at 11:59 p.m. (New York City time) today, September 17, 2012, unless extended or earlier terminated.The Offers remain subject to the conditions and restrictions set out in the Tender Offer Memorandum. Capitalized terms used and not otherwise defined in this announcement have the meanings given in the Tender Offer Memorandum. For Further Information A complete description of the terms and conditions of the Offers is set out in the Tender Offer Memorandum. Further details about the transaction can be obtained from: The Dealer Manager Barclays Capital Inc.745 Seventh AvenueNew York, New York 10019United StatesTelephone: +1 (212) 528-7581US Toll Free Number: +1 (800) 438-3242Attention: Liability Management GroupEmail: email@example.com The Tender Agent Global Bondholder Services Corporation65 Broadway – Suite 404New York, New York 10006United StatesBanks and Brokers Call: +1 (212) 430-3774Toll Free Number: +1 (866) 937-2200Attention: Corporate ActionsEmail: Info@gbsc-usa.com A copy of the Tender Offer Memorandum is available to eligible persons upon request from the Tender Agent. Analyst and Investor Information Further information for analysts and investors can be obtained from the following contacts at Barclays: Investor RelationsCharlie RozesTel: +44 (0) 20 7116 5752 Barclays TreasurySteven PenkethTel: +44 (0) 20 7773 0125 Media RelationsGiles CrootTel: +44 (0) 20 7116 6132 DISCLAIMER This announcement must be read in conjunction with the Tender Offer Memorandum. No offer or invitation to acquire or exchange any securities is being made pursuant to this announcement. This announcement and the Tender Offer Memorandum contain important information, which must be read carefully before any decision is made with respect to the Offers. If any Noteholder is in any doubt as to the action it should take, it is recommended to seek its own legal, tax and financial advice, including as to any tax consequences, from its stockbroker, bank manager, lawyer, accountant or other independent financial adviser. Any individual or company whose Notes are held on its behalf by a broker, dealer, bank, custodian, trust company or other nominee must contact such entity if it wishes to participate in the Offers. None of the Issuer, the Dealer Manager or the Tender Agent (or any person who controls, or is a director, officer, employee or agent of such persons, or any affiliate of such persons) makes any recommendation as to whether Noteholders should participate in the Offers.
GeneralNeither this announcement, the Tender Offer Memorandum nor the electronic transmission thereof constitutes an offer to buy or the solicitation of an offer to sell Notes (and tenders of Notes for purchase pursuant to the Offers will not be accepted from Noteholders) in any circumstances in which such offer or solicitation is unlawful. In those jurisdictions where the Notes, blue sky or other laws require the Offers to be made by a licensed broker or dealer and the Dealer Manager or any of its affiliates is such a licensed broker or dealer in any such jurisdiction, the Offers shall be deemed to be made by such Dealer Manager or such affiliate, as the case may be, on behalf of the Issuer in such jurisdiction. In addition, each Noteholder participating in the Offers will be deemed to give certain representations in respect of the other jurisdictions referred to below and generally as set out in “ Procedures for Participating in the Offers” in the Tender Offer Memorandum. Any tender of Notes for purchase pursuant to the Offers from a Noteholder that is unable to make these representations will not be accepted. United Kingdom The communication of this announcement, the Tender Offer Memorandum and any other documents or materials relating to the Offers is not being made, and such documents and/or materials have not been approved, by an authorized person for the purposes of section 21 of the Financial Services and Markets Act 2000. Accordingly, such documents and/or materials are not being distributed to, and must not be passed on to, the general public in the United Kingdom. The communication of such documents and/or materials as a financial promotion is only being made to those persons in the United Kingdom falling within the definition of investment professionals (as defined in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “ Financial Promotion Order”)) or persons who are within Article 43(2) of the Financial Promotion Order or any other persons to whom it may otherwise lawfully be made under the Financial Promotion Order (such persons together being the “ Relevant Persons”). The Offers are only available to Relevant Persons and the transactions contemplated in the Tender Offer Memorandum will be available only to, or engaged in only with, Relevant Persons, and this financial promotion must not be relied or acted upon by persons other than Relevant Persons. France The Offers are not being made, directly or indirectly, to the public in the Republic of France (“ France”). Neither this announcement, the Tender Offer Memorandum nor any other documents or materials relating to the Offers have been or shall be distributed to the public in France and only (i) providers of investment services relating to portfolio management for the account of third parties ( personnes fournissant le service d’investissement de gestion de portefeuille pour compte de tiers) and/or (ii) qualified investors ( investisseurs qualifiés) other than individuals, in each case acting on their own account and all as defined in, and in accordance with, Articles L.411-1, L.411-2 and D.411-1 to D.411-3 of the French Code Monétaire et Financier, are eligible to participate in the Offers. The Tender Offer Memorandum and any other document or material relating to the Offers have not been and will not be submitted for clearance to nor approved by the Autorité des marchés financiers. Italy None of the Offers, this announcement, the Tender Offer Memorandum or any other documents or materials relating to the Offers has been or will be submitted to the clearance procedure of the Commissione Nazionale per le Società e la Borsa (“ CONSOB”) pursuant to Italian laws and regulations. The Offers are being carried out in the Republic of Italy (“ Italy”) as exempted offers pursuant to article 101-bis, paragraph 3-bis of Legislative Decree No. 58 of 24 February 1998, as amended (the “ Financial Services Act”) and article 35-bis of CONSOB Regulation No. 11971 of 14 May 1999, as amended (the “ CONSOB Regulation”). The Offers are also being carried out in compliance with article 35-bis, paragraph 7 of the CONSOB Regulation. Noteholders, or beneficial owners of the Notes, located in Italy can tender some or all of their Notes pursuant to the Offers through authorized persons (such as investment firms, banks or financial intermediaries permitted to conduct such activities in Italy in accordance with the Financial Services Act, CONSOB Regulation No. 16190 of 29 October 2007, as amended from time to time, and Legislative Decree No. 385 of September 1, 1993, as amended) and in compliance with applicable laws and regulations or with requirements imposed by CONSOB or any other Italian authority.
Each intermediary must comply with the applicable laws and regulations concerning information duties vis-à-vis its clients in connection with the Notes or the Offers.