Barclays Bank Sells 480 Million Rand of Discount Uridashi Notes

The following uridashi bond went on sale. Uridashi bonds are debt issued in the euromarket and sold mainly to Japanese individual investors.

Issuer: Barclays Bank Plc. Amount: 480 million South African Rand Coupon: 0.50 percent of face value Issue Price: 64.10 percent of face value Duration: 6 years Sales period: Dec. 15 - Dec. 28 Settlement date: Dec. 29, 2011 Maturity: June 25, 2018 Uridashi Manager: SMBC Friend Securities Co.

To contact the reporter on this story: Harumi Ichikura in London at hichikura@bloomberg.net

To contact the editor responsible for this story: Marco Babic at mbabic@bloomberg.net

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