Barclays PLC — Capital/Financing Update 2011

Apr 4, 2011

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13A-16 OR 15D-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

April 04, 2011

Barclays PLC and

Barclays Bank PLC

(Names of Registrants)

1 Churchill Place

London E14 5HP

England

(Address of Principal Executive Offices)

Indicate by check mark whether the registrant files or will file annual reports

under cover of Form 20-F or Form 40-F.

Form 20-F x Form 40-F

Indicate by check mark whether the registrant by furnishing the information

contained in this Form is also thereby furnishing the information to the

Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes No x

If "Yes" is marked, indicate below the file number assigned to the registrant

in connection with Rule 12g3-2(b):

This Report is a joint Report on Form 6-K filed by Barclays PLC and Barclays

Bank PLC. All of the issued ordinary share capital of Barclays Bank PLC is

owned by Barclays PLC.

This Report comprises:

Information given to The London Stock Exchange and furnished pursuant to

General Instruction B to the General Instructions to Form 6-K.

EXHIBIT INDEX

'Acquisition' dated 04 April 2011

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, each of the registrants has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

BARCLAYS PLC

(Registrant)

Date: April 04, 2011

By: /s/ Patrick Gonsalves

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Patrick Gonsalves

Deputy Secretary

BARCLAYS BANK PLC

(Registrant)

Date: April 04, 2011

By: /s/ Patrick Gonsalves

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Patrick Gonsalves

Joint Secretary

4 April 2011

Barclays PLC

Barclays acquires MBNA Small Business credit card portfolio

Barclays Bank PLC has purchased MBNA Europe Bank Limited's Small Business credit card portfolio in the UK, consisting of approximately 60,000 accounts with approximately £130 million of outstanding balances as at 28 February 2011.

This acquisition reinforces Barclays Global Retail Banking's strategic ambition to achieve greater depth in its chosen markets and businesses. The portfolio will be integrated into its payment division, Barclaycard. Last year, Barclaycard managed circa £200 billion in payments for over 20 million consumers and over 240,000 business customers.

Valerie Soranno Keating, Chief Executive of Barclaycard, said: "We are delighted to welcome 60,000 new customers who will benefit from Barclaycard's deep understanding of commercial payments, built up over the last 34 years. Following on from our recently announced intention to purchase the Egg credit card assets, this deal further reflects the growing diversification of our payments business and is priced at a small discount to outstanding balances."

• Ends -

For further information please contact:

Barclays/Barclaycard

Investor Relations Media Relations

Stephen Jones Giles Croot/James Cooke

+44 (0) 20 7116 575 +44 (0) 20 7116 4755

About Barclays

Barclays is a major global financial services provider engaged in retail banking, credit cards, corporate and investment banking and wealth management with an extensive international presence in Europe, the Americas, Africa and Asia. With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs over 147,000 people. Barclays moves, lends, invests and protects money for over 48 million customers and clients worldwide.

For further information about Barclays, please visit our website www.barclays.com. Neither the content of the Barclays website nor any website accessible by hyperlinks on the Barclays website is incorporated in, or forms any part of, this announcement.

About Barclaycard

Barclaycard, part of Barclays Global Retail Banking division, is a leading global payment business which helps consumers, retailers and businesses to make and accept payments flexibly, and to access short-term credit when needed.

The company is one of the pioneers of new forms of payments and is at the forefront of developing viable contactless and mobile payment schemes for today and cutting edge forms of payment for the future. It also issues credit and charge cards to corporate customers and the UK Government. Barclaycard partners with a wide range of organisations across the globe to offer their customers or members payment options and credit.

In addition to the UK, Barclaycard operates in the United States, Europe and Africa.