Barclays PLC — Capital/Financing Update 2011

Apr 28, 2011

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

EUR 25,000,000 Index Linked Notes due 30 April 2015 (the "Notes")

Series G20114KHP066

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 28 April 2011

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.

Index Disclaimers:

1. STOXX disclaimer

STOXX and its licensors (the "Licensors") have no relationship to Barclays Bank PLC ("Barclays"), other than the licensing of the Euro Stoxx 50 Index® and the related trademarks for use in connection with the Securities.

STOXX and its Licensors do not:

• Sponsor, endorse, sell or promote the Securities.
• Recommend that any person invest in the Securities or any other securities.
• Have any responsibility or liability for or make any decisions about the timing, amount or pricing of Securities.
• Have any responsibility or liability for the administration, management or marketing of the Securities.
• Consider the needs of the Securities or the owners of the Securities in determining, composing or calculating the Euro Stoxx 50 Index ®or have any obligation to do so.

STOXX and its Licensors will not have any liability in connection with the Securities. Specifically:

• STOXX and its Licensors do not make any warranty, express or implied and disclaim any and all warranty about:
• The results to be obtained by the Securities, the owner of the Securities or any other person in connection with the use of the Euro Stoxx 50 Index® and the data included in the Euro Stoxx 50 Index® including symbol ®;
• The accuracy or completeness of the Euro Stoxx 50 Index® and its data;
• The merchantability and the fitness for a particular purpose or use of the Euro Stoxx 50 Index® including symbol ® and its data:
• STOXX and its Licensors will have no liability for any errors, omissions or interruptions in the Euro Stoxx 50 Index® including symbol ® or its data;
• Under no circumstances will STOXX or its Licensors be liable for any lost profits or indirect, punitive, special or consequential damages or losses, even if STOXX or its Licensors knows that they might occur.

The licensing agreement between Barclays and STOXX is solely for their benefit and not for the benefit of the owners of the Securities or any other third parties.

2. S&P 500 disclaimer:

The Securities are not sponsored, endorsed, sold or promoted by Standard & Poor's and Standard & Poor's makes no representation regarding the advisability of investing in the Securities.

The Product(s) is not sponsored, endorsed, sold or promoted by Standard & Poor's, a division of McGraw-Hill, Inc. ("S&P"). S&P makes no representation or warranty, express or implied, to the owners of the Product(s) or any member of the public regarding the advisability of investing in securities generally or in the Product(s) particularly or the ability of the S&P Indices to track general stock market performance. S&P's only relationship to the Licensee is the licensing of certain trademarks and trade names of S&P and of the S&P Indices which is determined, composed and calculated by S&P without regard to the Licensee or the Product(s). S&P has no obligation to take the needs of the Licensee or the owners of the Product(s) into consideration in determining, composing or calculating the S&P Indices. S&P is not responsible for and has not participated in the determination of the timing of, prices at, or quantities of the Product(s) to be issued or in the determination or calculation of the equation by which the Product(s) is to be converted into cash. S&P has no obligation or liability in connection with the administration, marketing or trading of the Product(s).

S&P DOES NOT GUARANTEE THE ACCURACY AND/OR THE COMPLETENESS OF THE S&P INDICES OR ANY DATA INCLUDED THEREIN AND S&P SHALL HAVE NO LIABILITY FOR ANY ERRORS, OMISSIONS, OR INTERRUPTIONS THEREIN. S&P MAKES NO WARRANTY, EXPRESS OR IMPLIED, AS TO RESULTS TO BE OBTAINED BY LICENSEE, OWNERS OF THE PRODUCT(S), OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE S&P INDICES OR ANY DATA INCLUDED THEREIN. S&P MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIMS ALL WARRANTIES OF MERCHANT- ABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE WITH RESPECT TO THE S&P INDICES OR ANY DATA INCLUDED THEREIN. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL S&P HAVE ANY LIABILITY FOR ANY SPECIAL, PUNITIVE, INDIRECT, OR CONSEQUENTIAL DAMAGES (INCLUDING LOST PROFITS), EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES.

3. Nikkei disclaimer:

The Index is currently calculated and disseminated by Nikkei Digital Media, Inc. under commission of Nikkei Inc., the holder of the intellectual property rights to the Index. Nikkei Inc. and Nikkei Digital Media Inc. are collectively the "Index Sponsor" of the Index. Nikkei Inc. reserves all the rights, including copyright, to the Index. The Securities are not in any way sponsored, endorsed or promoted by the Index Sponsor. The Index Sponsor makes no warranty or representation whatsoever, express or implied, as to the results to be obtained from the use of the Index and/or the level at which the Index stands at any particular time on any particular day or otherwise. The Index is compiled and calculated solely by the Nikkei Digital Media, Inc. However, the Nikkei Digital Media, Inc. shall not be liable whether in negligence or otherwise, to any party for any error in the Index or under any obligation to advise any party, including a purchaser of the Securities of any error therein.

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:	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, THE BASE PROSPECTUS AND THE SUPPLEMENTAL PROSPECTUES SEE "PURCHASE AND SALE" IN THE BASE PROSPECTUS.

ANY UNITED STATES PERSON WHO HOLDS THIS OBLIGATION WILL BE SUBJECT 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	(i)	Series:	G20114KHP066
	(ii)	Tranche:	1
2	Currency:		Euro ("EUR")
3	Notes:		Applicable
	(i) Aggregate Nominal Amount as at the Issue Date:		EUR 25,000,000
	(ii)	Specified Denomination:	EUR 1,000
	(iii)	Calculation Amount per Security as at the Issue Date:	Specific Denomination
4	Certificates:		N/A
5	Form:
	(i)	Global/Definitive/Uncertificated and	Global Bearer Securities:
		dematerialised:	Temporary Global Security, exchangeable for 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:		18 March 2011
7	Issue Date:		28 April 2011
8	Redemption Date:		30 April 2015, subject to adjustment in accordance with the Business Day Convention.
9	Issue Price:		100 per cent. of the Aggregate Nominal Amount
10		Relevant Stock Exchange:	London Stock Exchange
11	The following Relevant Annex(es) shall apply to the Securities (specify each applicable Relevant Annex):		Equity Linked Annex

Provisions relating to interest (if any) payable on the Securities

12	Interest:	Applicable
13	Interest Amount:	(A) If on any Valuation Date $_{(i)}$ (i represents a number from 1 to 8), the Index Level of each Index (i) in the Basket is greater than or equal to 60 per cent of its respective Initial Level, then the Variable Interest Rate Amount due

on the relevant Interest Payment Date(i) shall be determined in accordance with the following formula:

Calculation Amount x 4.25 per cent.

(B) Otherwise, if on any Valuation Date_(i) (i) represents a number from 1 to 8), the Index Level of any Index in the Basket is less than 60 per cent of its Initial Level, then no Interest Amount shall be for the corresponding Interest Payment Date(i).

Where:

"i" means an integer corresponding to a Valuation Date and an Interest Payment Date, as set out in Schedule 2.

"Initial Level" means, in respect of each Index, the Index Level on the Initial Valuation Date.

"Initial Valuation Date" means 28 April 2011

	(i)	Fixed Rate:	N/A
	(ii)	Floating Rate:	N/A
	(iii)	Variable Rate:	N/A
	(iv)	Zero Coupon:	N/A
	(v) Coupon:	Bond Linked Securities - Fixed	N/A
	(vi)	Bond Linked Securities - Pass Through Interest:	N/A
15		Screen Rate Determination:	N/A
16		ISDA Determination:
17	Margin:	N/A
18	Minimum/Maximum Interest Rate:	N/A
19		Interest Commencement Date:
20		Interest Determination Date:
21		Interest Calculation Periods:	N/A
22		Interest Payment Dates:	Each II Crhodi

$14$

Interest Rate:

nterest Payment Date, as set out in Schedule 2, each subject to adjustment in accordance with the Business Day

		Convention.
23	Day Count Fraction:	N/A
24	Fall back provisions, rounding provisions, denominator and any other terms relating to the method of calculating interest, if different from those set out in the Base Conditions:	For the avoidance of doubt, if there is an Early Redemption at the end of year (i) , an Interest Amount is paid at the end of such year (i) and no more Interest Amount are paid afterwards.
	Provisions relating to Redemption
25	Settlement Method:	(i) For the purposes of Condition 5.1 of the Base Conditions: Cash Settlement

(ii) For the purposes of Condition 5.5 of the Base Conditions:

Cash Settlement

EUR

As defined in Condition 24 of the Base Conditions

26 Settlement Currency:

27 Settlement Number:

28 Terms relating to Cash Settled Securities:

$(i)$ Final Cash Settlement Amount:

(A) If the Final Level of each Index $_{(i)}$ in the Basket is greater than or equal to 60 per cent. of its respective Initial Level, the Final Cash Settlement Amount will be EUR 1,000 per Calculation Amount per Security

(B) Else, if the Final Level of at least one Index $(i)$ in the Basket is less than 60 per cent. of its Initial Level, the Final Cash Settlement Amount will be determined as follows:

Calculation Amount x Final Perfmin Where:

"Final Level" means, in respect of each Index $_{(i)}$ , the Index Level on the Final Valuation Date.

"Final Valuation Date" means 27 April 2015

"Final Perfmin" means the lowest Final Performance

"Final Performance" means, for each Index_(i), a level calculated in accordance to the follows:

Final Index / Initial Index

	(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:			Applicable: If on any Valuation Date (i) (i represents a number from 1 to 7), the Index Level of each Index is equal to or greater than 100 per cent. of its Initial Level, a Specified Early Redemption Event will be deemed to have occurred on such date.
				For the purpose of this paragraph 33 only, "i" means an integer from 1 to 7.
	(i)		Automatic Early Redemption:	Applicable
	(ii)		Cash Settled Securities:
		(a)	Specified Early Cash Settlement Amount:	EUR 1,000 per Calculation Amount per Security
		(b)	Specified Early Cash Redemption Date(s):	Each date as set out in Schedule 2.
	(iii)		Physically Delivered Securities:	N/A
	(iv)	Period:	Specified Early Redemption Notice	No less than 3 Business Days' prior notice
34		Requirements:	Maximum and Minimum Redemption	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

Index Linked Securities (Equity indices only): N/A

	(i)	Index/Indices (each a "Reference Asset"):	A basket of Indices (the "Basket") as set out in Schedule 1
	(ii)	Future Price Valuation:	N/A
	(iii)	Exchange-traded Contract:	N/A
	(ii)	Exchange:	In respect of each Index, as set out in Schedule 1
	(iii)	Related Exchange:	In respect of each Index, as set out in Schedule 1
	(iv)	Exchange Rate:	N/A
	(v)	Weighting for each Reference Asset comprising the Basket of Reference Assets:	N/A
	(vi)	Index Level of each Reference Asset:	In respect of each Index $(i)$ , the level of the Index at Valuation Time on each Scheduled Trading Day
	(vii)	Valuation Date:	Each Valuation Date, as set out in Schedule 1 (including the Final Valuation Date)
	(viii)	Valuation Time:	As defined in Condition 24 of the Base Conditions
	(ix)	Averaging:	N/A
	(x)	Additional Disruption Event in respect of Index Linked Securities:	N/A
	(xi)	FX Disruption Event:	N/A
	(xii)	Other adjustments:	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	N/A

	Securities, VPS Registered Securities or Spanish Securities:
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 set out in the Base Prospectus
51	Applicable TEFRA exemption:	TEFRA D Rules Applicable
General
52	Business Day Convention:	Modified Following
53	Relevant Clearing System:	Euroclear
		Clearstream, Luxembourg
54	If syndicated, names of Managers:	N/A
55	Details relating to Partly Paid Securities:	N/A
56	Relevant securities codes:	ISIN: XS0586109091
		Common Code: 058610909
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 is expected to be made by the Issuer (or on its behalf) for the Securities to be admitted to trading on the London Stock Exchange's Regulated Market on or around the Issue Date.
(iii)	Estimate of total expenses related to admission to trading:	EUR 2,700

$\overline{2}$ RATINGS

Ratings:

The Securities have not been individually rated.

$\overline{3}$ NOTIFICATION

The Financial Services Authority has provided the Comissão do Mercado de Valores Mobiliários with a certificate of approval attesting that the Base Prospectus has been drawn up in accordance with the Prospectus Directive.

INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE $\overline{4}$

Save as discussed in "Purchase and Sale", so far as the Issuer is aware, no person involved in the offer of the Securities has an interest material to the offer.

REASONS FOR THE OFFER, ESTIMATED NET PROCEEDS AND TOTAL EXPENSES $5⁵$

(i)	Reasons for the offer:	General funding
(ii)	Estimated net proceeds:	EUR 25,000,000
(iii)	Estimated total expenses:	EUR 2.700

6 FIXED RATE SECURITIES ONLY - YIELD

Indication of yield: $N/A$

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

$N/A$

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

Past and future performance and volatility of each Index can be obtained on the relevant Bloomberg Code as set out in the Schedule.

The Issuer does not intend to provide post-issuance information.

PERFORMANCE OF RATES OF EXCHANGE AND EXPLANATION OF EFFECT ON VALUE OF $\mathbf{q}$ INVESTMENT

$N/A$

10 OPERATIONAL INFORMATION

Any clearing system(s) other than Euroclear 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 Agents(s) (if any):

Intended to be held in a manner which would allow Eurosystem eligibility:

|--|--|

Delivery free of payment

$N/A$

Yes

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 (ICSDs) 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 the ECB being satisfied that Eurosystem eligibility criteria have been met.

11 OFFER INFORMATION

• (i) Offer Price: Issue Price.
• (ii) Amount of the The aggregate nominal amount of the offer is EUR

		offer:	25,000,000.
		Third Party fees and the Subscription fee	The Issue Price includes an upfront commission element shared with a third party, which will be no more than 5.00% of the Issue Price (1.29% per annum in annualised terms). Further details of the commission element are available upon request.
	(iii)	Offer Period:	The Securities will be publicly offered by the Distributor during the period commencing on 1 April 2011 at 8:00 am (CET) to and including 25 April 2011, 5:00 pm (CET). The Manager may instruct the Distributor to change the dates of the offer period.
			Furthermore, the Issuer reserves the right to cancel the issue of the Securities if any circumstance(s) occurs which, in the Issuer's opinion, may have a significant impact on the issue. In case of cancellation, the Issuer will repay the purchase price and commission paid by any Investor without interest. Information about the changes to the offer period and cancellation, if any, of the offer in the course of its duration will be announced in the same manner as these Final Terms were made publicly available.
	(iv)	Conditions to which the offer is subject:	Offers of the Securities made prior to the Issue Date are conditional on their issue. There is no pre-identified allotment criteria. The distributor will adopt allotment criteria that ensures equal treatment of prospective investors. A prospective Investor will receive 100 per cent. of the amount of Securities allocated to it during the Offer Period.
			The Issuer reserves the right to withdraw the offer of the Securities at any time on or prior to the Issue Date.
			For the avoidance of doubt, if any application has been made by the potential investor, each such potential investor shall not be entitled to subscribe or otherwise acquire the Securities and any applications will be automatically cancelled and any purchase money will be refunded to the applicant.
(v)		Description of the application process:	Applications for the Securities can be made in Portugal (the "Public Offer Jurisdiction") to the Distributor. Further information with respect to the application process will be available from the Distributor upon request.
(vi)		Details of the minimum and/or maximum	The minimum amount of application per investor will be EUR 1,000 in nominal amount of the Securities.

amount of application:

• $(vii)$ Description of $N/A$ possibility to reduce subscriptions and manner for refunding excess amount paid by applicants:
• Payment for Securities shall be made to the Distributor in (viii) Details of method accordance with the instructions provided by the Distributor. and time limits The total payment of the Offer Price of the Securities must for paying up and occur by 28 April 2011. None of the amounts so transferred delivering the to the Distributor will bear interest. Such amounts will be Securities: returned only in the event of (i) cancellation of the offer of the Securities or (ii) overpayments, provided that, in each case, the amounts will be returned by the Distributor without any interest or compensation in accordance with the instructions of the relevant applicant set out in the related application form. The Securities will be delivered to the successful applicants on 28 April 2011.

The Securities will be made available on a free delivery after payment basis 28 April 2011.

Manner in and $(ix)$ Results of the offer will be made public by the Distributor date on which within 3 Business Days after the end of the Offer Period. results of the offer

$(x)$ Procedure for $N/A$ exercise of any right of preemption, negotiability of subscription rights and treatment of subscription rights not exercised:

are to be made

public:

$(xi)$ Categories of Offers may be made by the Distributor in Portugal to any person. Offers (if any) in other EEA countries will only be prospective

	investors to which the Securities are offered and whether tranche(s) have been reserved for certain countries:	made by the Distributor pursuant to an exemption from the obligation under the Prospectus Directive as implemented in such countries to publish a prospectus.
(xii)	Process for notification to applicants of the amount allotted and indication whether dealing may begin before notification is made:	Applicants will be notified directly by the Distributor of the success of their application. No dealings in the Securities may take place prior to the Issue Date.
(xiii)	Amount of any expenses and taxes specifically charged to the subscriber or purchaser:	N/A
(xiv)	Name(s) and address(es), to the extent known to the Issuer, of the placers in the various countries where the offer takes place:	Barclays Bank PLC Sucursal em Portugal Rua Duque de Palmela, no 37 1250-097 Lisboa Portugal

Schedule 1

Basket

	Index ("Index $(i)$ ")	Exchange	Related Exchange	Bloomberg	Index Sponsor
	S&P 500	Multi- exchange Index	All Relevant Stock Exchanges	SPX	S&P
$\mathcal{L}$	Eurostoxx 50	Multi- exchange Index	All Relevant Stock Exchanges	SX 5 F	STOXX
3	Nikkei 225	Multi- exchange Index	All Relevant Stock Exchanges	NKY	Nikkei

Schedule 2

Valuation Dates and Interest Payment Dates

	Valuation Date(i)	Interest Payment Date (i)	Specified Early Redemption Date(i)
	26/10/2011	31/10/2011	31/10/2011
$\mathcal{L}$	24/04/2012	27/04/2012	27/04/2012
3	26/10/2012	31/10/2012	31/10/2012
$\overline{4}$	25/04/2013	30/04/2013	30/04/2013
5	28/10/2013	31/10/2013	31/10/2013
6	24/04/2014	29/04/2014	29/04/2014
7	28/10/2014	31/10/2014	31/10/2014
8	Final Valuation Date	Redemption Date	Not Applicable