Barclays PLC — Capital/Financing Update 2010

Oct 12, 2010

THESE NOTES DO NOT CONSTITUTE COLLECTIVE INVESTMENT SCHEMES IN THE MEANING OF THE SWISS FEDERAL ACT ON COLLECTIVE INVESTMENT SCHEMES ("CISA"). ACCORDINGLY, HOLDERS OF THE NOTES DO NOT BENEFIT FROM PROTECTION UNDER THE CISA OR SUPERVISION BY THE SWISS FINANCIAL MARKET SUPERVISORY AUTHORITY FINMA

Final Terms

BARCLAYS BANK PLC

(Incorporated with limited liability in England and Wales)

BARCLAYS CAPITAL (CAYMAN) LIMITED

(Incorporated with limited liability in the Cayman Islands)

GLOBAL STRUCTURED SECURITIES PROGRAMME

for the issue of Securities

BARCLAYS BANK PLC

GBP 2,000,000 Floating Rate Notes due 14 October 2013

Series G2010AWHK55G

under the Global Structured Securities Programme

Issue Price: 100 per cent. of par

This document constitutes the final terms of the Notes (the "Final Terms") described herein for the purposes of Article 5.4 of the Directive 2003/71/EC and is prepared in connection with the Global Structured Securities Programme established by Barclays Bank PLC (the "Bank") and Barclays Capital (Cayman) Limited ("BCCL") and is supplemental to and should be read in conjunction with the Base Prospectus dated 6 August 2010, as supplemented and amended from time to time, which constitutes a base prospectus (the "Base Prospectus") for the purpose of the Directive 2003/71/EC. Full information on the Issuer and the offer of the Securities is only available on the basis of the combination of these Final Terms and the Base Prospectus. The Base Prospectus is available for viewing during normal business hours at the registered office of the Issuer and the specified office of the Issue and Paying Agent for the time being in London and copies may be obtained from such office. Words and expressions defined in the Base Prospectus and not defined in this document shall bear the same meanings when used herein.

The Issuer accepts responsibility for the information contained in these Final Terms. To the best of its knowledge and belief (having taken all reasonable care to ensure that such is the case) the information contained in these Final Terms is in accordance with the facts and does not contain anything likely to affect the import of such information.

Investors should refer to the sections headed "Risk Factors" in the Base Prospectus for a discussion of certain matters that should be considered when making a decision to invest in the Securities.

Barclays Capital

Final Terms dated 12 October 2010

The distribution of this document and the offer of the Securities in certain jurisdictions may be restricted by law. Persons into whose possession these Final Terms come are required by the Bank to inform themselves about and to observe any such restrictions. Details of selling restrictions for various jurisdictions are set out in "Purchase and Sale" in the Base Prospectus. In particular, the Securities have not been, and will not be, registered under the US Securities Act of 1933, as amended, and are subject to US tax law requirements. Trading in the Securities has not been approved by the US Commodity Futures Trading Commission under the US Commodity Exchange Act of 1936, as amended. Subject to certain exceptions, the Securities may not at any time be offered, sold or delivered in the United States or to US persons, nor may any US persons at any time trade or maintain a position in such Securities.

Notice to Swiss Investors:

The Notes may not be publicly distributed in Switzerland. This Final Terms shall not be dispatched, copied to or otherwise made available to, and the Notes may not be offered for sale to any person in Switzerland, except to Qualified Investors as defined in article 10 of the Swiss Act on Collective Investment Schemes, i.e. to a) prudentially regulated financial intermediaries such as banks, securities dealers and fund management companies, b) regulated insurance institutions, c) public entities and retirement benefits institutions with professional treasury department, d) companies with professional treasury department, e) High-Net-Worth Individuals (as defined below) and f) investors who have concluded a written discretionary management agreement with a financial intermediary as defined under lit. a) or with an independent asset manager that complies with the requirements pursuant to Art. 6 para 2 of the Collective Investment Schemes Ordinance ("CISO") High-Net-Worth Individual is a private individual who confirms in writing at the time of the investment to own a minimum of CHF 2 million of financial investments, whether directly or indirectly.

This document is neither a prospectus according to Art 652a or Art 1156 of the Swiss Code of Obligations nor a simplified prospectus according to Art 5 of the Swiss Act on Collective Investment Schemes ("CISA").

The Notes do not constitute an investment in a collective investment scheme and are not subject to the CISA nor to the supervision of the Swiss Financial Market Supervisory Authority FINMA

Part A

Terms and Conditions of the Securities

The Securities shall have the following terms and conditions, which shall complete, modify and/or amend the Base Conditions and/or any applicable Relevant Annex(es) set out in the Base Prospectus dated 6 August 2010.

Parties
Issuer:	Barclays Bank PLC
Guarantor:	N/A
$Manager[s]$ :	Barclays Bank PLC
Determination Agent:	Barclays Bank PLC
Issue and Paying Agent:	The Bank of New York Mellon
Stabilising Manager:	N/A
Registrar:	N/A
CREST Agent:	N/A
Paying Agents:	N/A
Transfer Agent:	N/A
Exchange Agent:	N/A
Additional Agents:	N/A

THE SECURITIES HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE US SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT") AND THE SECURITIES COMPRISE BEARER SECURITIES THAT ARE SUBJECT TO US TAX LAW REQUIREMENTS. SUBJECT TO CERTAIN EXCEPTIONS. THE SECURITIES MAY NOT BE OFFERED OR SOLD WITHIN THE UNITED STATES OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, US PERSONS (AS DEFINED IN REGULATION S UNDER THE SECURITIES ACT ("REGULATION S")). THESE FINAL TERMS HAVE BEEN PREPARED BY THE ISSUER FOR USE IN CONNECTION WITH THE OFFER AND SALE OF THE SECURITIES OUTSIDE THE UNITED STATES TO NON-US PERSONS IN RELIANCE ON REGULATION S AND FOR LISTING OF THE SECURITIES ON THE RELEVANT STOCK EXCHANGE, IF ANY, AS STATED HEREIN. FOR A DESCRIPTION OF THESE AND CERTAIN FURTHER RESTRICTIONS ON OFFERS AND SALES OF THE SECURITIES AND DISTRIBUTION OF THESE FINAL TERMS AND THE BASE PROSPECTUS SEE "PURCHASE AND SALE" IN THE BASE PROSPECTUS.

ANY UNITED STATES PERSON WHO HOLDS THIS OBLIGATION WILL BE SUBIECT TO LIMITATIONS UNDER THE UNITED STATES INCOME TAX LAWS, INCLUDING THE LIMITATIONS PROVIDED IN SECTIONS 165(j) AND 1287(a) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED.

Provisions relating to the Securities

1	Series:		G2010AWHK55G
2	Currency:		GBP
3	Notes:		Applicable
	(i)	Aggregate Nominal Amount as at the Issue Date:	GBP 2,000,000
	(ii)	Specified Denomination:	GBP 50,000 and integral multiples of GBP 1,000 in excess thereof up to and including 99,999. Notes will not be issued in definitive form with a Specified Denomination above GBP99,000.
	(iii)	Calculation Amount per Security as at the Issue Date:	GBP 1,000
4	Certificates:		N/A
5	Form:
	(i)	Global/Definitive/Uncertificated	Global Bearer Securities:
		and dematerialised:	Temporary Global Security, exchangeable for a a Permanent Global Security
	(ii)	NGN Form:	Applicable
	(iii)	Held under the NSS:	N/A
	(iv)	CGN Form:	N/A
	(v)	CDI s :	N/A
6	Trade Date:		28 September 2010
7	Issue Date:		12 October 2010
8	Redemption Date:		14 October 2013
9	Issue Price:		100 per cent. of the Aggregate Nominal Amount
	10 Relevant Stock Exchange[s]:		London Stock Exchange
11	The following Relevant Annex(es) shall apply to the Securities (specify each applicable Relevant Annex):		N/A
		Provisions relating to interest (if any) payable on the Securities
12	Interest:		Applicable
13	Interest Amount:		As per Conditions 4 and 24 of the Base Conditions, subject to paragraph 24
14		Interest Rate[s]:
	(i)	Fixed Rate:	N/A
	(ii)	Floating Rate:	ISDA Determination

	(iii)	Variable Rate:	N/A
	(iv)	Zero Coupon:	N/A
		Internal rate of return: (a)	N/A
		Any other formula/basis (b) of determining amount payable:	N/A
	(v)	Bond Linked Securities - Fixed Coupon:	N/A
	(vi)	Bond Linked Securities - Pass Through Interest:	N/A
	15	Screen Rate Determination:	N/A
	16	ISDA Determination:	Applicable
	(i)	Floating Rate Option:	GBP-LIBOR-BBA
	(ii)	Designated Maturity:	3 Month
	(iii)	Reset Date:	The first day of each Interest Calculation Period
17	Margin:		N/A
	18	Minimum/Maximum Interest Rate:	Applicable
	(i)	Minimum Interest Rate	1.60 per cent. per annum
	(ii)	Maximum Interest Rate	5.00 per cent per annum
	19	Interest Commencement Date:	Issue Date
	20	Interest Determination Date:	As per Conditions 4 and 24 of the Base Conditions
21		Interest Calculation Periods:	As defined in Condition 24 of the Base Conditions
	(i)	Interest Period End Dates:	Each Interest Payment Date, subject to adjustment in accordance with the Business Day Convention
	(ii)	Interest calculation method for short or long Interest Calculation Periods:	As defined in Condition 24 of the Base Conditions
	22	Interest Payment Dates:	Quarterly in arrears on the 12 January, 12 April, 12 July and 12 October in each year, commencing on and including 12 January 2011 to and including the Redemption Date, subject to adjustment in accordance with the Business Day Convention
	23	Day Count Fraction:	Act/360
	24	Fall back provisions, rounding provisions, denominator and any other	N/A

$\overline{6}$

terms relating to the method of calculating interest, if different from those set out in the Base Conditions:

Provisions relating to Redemption

25	Settlement Method:		For the purposes of Condition 5.1 of the Base Conditions:
			Cash Settlement
26	Settlement Currency:		GBP
27	Settlement Number:		As defined in Condition 24 of the Base Conditions
28	Terms relating to Cash Settled Securities:
	(i)	Final Cash Settlement Amount:	GBP 1,000 per Calculation Amount per Security as at the Issue Date, subject to Condition 8.3 of the Base Conditions
	(ii)	Early Cash Settlement Amount:	As defined in Condition 24 of the Base Conditions
	(iii)	Early Cash Redemption Date:	As defined in Condition 24 of the Base Conditions
29	Securities:	Terms relating to Physically Delivered	N/A
30		Nominal Call Event:	N/A
31	Call Option:		N/A
32	Put Option:		N/A
33	Specified Early Redemption Event:		N/A
34	Maximum and Minimum Redemption Requirements:		N/A
35	Additional Disruption Events in addition to those specified in Condition 24 of the Base Conditions and any applicable Relevant Annex:		N/A
36	Share Linked Securities:		N/A
37	Index Linked Securities (Equity indices only):		N/A
38	Inflation Linked Securities:		N/A
39	FX Linked Securities:		N/A
40	Credit Linked Securities:		N/A
41	Commodity Linked Securities:		N/A
42	Proprietary Index Linked Securities:		N/A
43	Bond Linked Securities:		N/A

	44 Mutual Fund Linked Securities:	N/A
	Provisions relating to Settlement
45	Minimum Settlement Amount:	N/A
46	Settlement in respect of VP Notes, APK Registered Securities, Dutch Securities, Italian Securities, Swedish Registered Securities, VPS Registered Securities or Spanish Securities:	N/A
	47 Additional provisions relating to Taxes and Settlement Expenses:	N/A
	Definitions
48	Business Day:	As defined in Condition 24 of the Base Conditions
	49 Additional Business Centre(s):	N/A
	Selling restrictions and provisions relating to certification
50	Non-US Selling Restrictions:	As described in the Base Prospectus
		In addition, no action has been taken or will be taken that would permit a public offering of the Notes or possession or distribution of any offering material in relation to the Notes in any jurisdiction where action for that purpose is required. No offers, sales, re-sales or deliveries of any Notes or distribution of any offering material relating to the Notes, directly or indirectly, may be made in or from any jurisdiction except in circumstances which will result in. compliance with any applicable laws and regulations and which will not impose any obligation on the Issuer, the Dealer and the Determination Agent.
51	Applicable TEFRA exemption:	TEFRA D: D Rules Applicable
	General
52	Business Day Convention:	Following
53	Relevant Clearing System[s]:	Euroclear
		Clearstream
	54 If syndicated, names [and addresses] of Managers [and underwriting commitments]:	N/A
55	Details relating to Partly Paid Securities:	N/A
	56 Relevant securities codes:	ISIN: XS0546756668

		Common Code: 054675666
		Valoren: CH11823129
57	Modifications to the Master Subscription Agreement and/or Agency Agreement:	N/A
58.	Additional Conditions and/or modification to the Conditions of the Securities:	N/A

Part B Other Information

$\mathbf{1}$	LISTING AND ADMISSION TO TRADING
	(i)	Listing	London
	(ii)	Admission to trading:	Application has been made by the Issuer (or on its behalf) for the securities to be admitted to trading on the London Stock Exchange's Regulated Market with effect on or around the Issue Date.
	(iii)	Estimate of total expenses related to admission to trading:	GBP 300
$\overline{2}$ RATINGS
	Ratings:		The Securities have not been individually rated.
3	NOTIFICATION
	N/A
4	INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE N/A
REASONS FOR THE OFFER, ESTIMATED NET PROCEEDS AND TOTAL EXPENSES 5
	(i)	Reasons for the offer:	General funding

• $(ii)$ Estimated net proceeds: $N/A$
• Estimated total expenses: $N/A$ $(iii)$
• FIXED RATE SECURITIES ONLY YIELD $6\overline{6}$

$N/A$

FLOATING RATE SECURITIES ONLY - HISTORIC INTEREST RATES $\overline{7}$

Details of historic rates can be obtained from Reuters Screen page LIBOR01

PERFORMANCE OF REFERENCE ASSET(S) OR OTHER VARIABLE, EXPLANATION OF EFFECT 8 ON VALUE OF INVESTMENT AND ASSOCIATED RISKS AND OTHER INFORMATION CONCERNING THE REFERENCE ASSET(S) AND/OR OTHER UNDERLYING

$N/A$

PERFORMANCE OF RATE[S] OF EXCHANGE AND EXPLANATION OF EFFECT ON VALUE OF 9 INVESTMENT

$N/A$

10 OPERATIONAL INFORMATION

Any clearing system(s) other than Euroclear $N/A$ Bank S.A./N.V. and Clearstream Banking Société Anonyme (together with their addresses) and the relevant identification number(s): Delivery: Names and addresses of additional Paying $N/A$ Agents(s) (if any): Intended to be held in a manner which would Yes allow Eurosystem eligibility:

Delivery free of payment

Note that the designation "yes" simply means that the Securities are intended upon issue to be deposited with one of the International Central Securities Depositaries as common safekeeper and does not necessarily mean that the Securities will be recognised as eligible collateral for Eurosystem monetary policy and intra-day credit operations by the Eurosystem either upon issue or at any or all times during their life. Such recognition will depend upon satisfaction of the Eurosystem eligibility criteria.

11 OFFER INFORMATION

The Issue Price may include a commission element shared with a third party, which will be no more than 0.5% of the Issue Price. Further details of the commission element are available upon request.

Barclays relies on and looks towards the intermediary to comply with the Swiss law obligation regarding retrocession and, when applicable, will disclose or forward any retrocession payment he receives from a Barclays entity to his client, unless the intermediary and his client have validly agreed otherwise. Since Barclays does not know the identity of the intermediary's client, it is impossible for

Barclays to disclose such retrocession payments to the client of the intermediary. As a consequence thereof, the intermediary herewith undertakes to duly fulfil all legal requirements under Swiss law.