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Barclays PLC Capital/Financing Update 2011

Dec 22, 2011

5250_rns_2011-12-22_41010674-8f0f-49cc-9ce4-006e3bae144c.pdf

Capital/Financing Update

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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 700,000 Index Linked Notes due December 2016 (the "Notes")

Series NX00063934

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 Directive 2003/71/EC (the "Prospectus Directive") 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 5 August 2011, as supplemented and amended from time to time, which constitutes a base prospectus (the "Base Prospectus") for the purpose of the Prospectus Directive. 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 22 December 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 Disclaimer

Hang Seng Index: The Hang Seng Index (the "HS Index") is published and compiled by Hang Seng Indexes Company Limited pursuant to a licence from Hang Seng Data Services Limited. The mark(s) and name(s) Hang Seng Index are proprietary to Hang Seng Data Services Limited. Hang Seng Indexes Company Limited and Hang Seng Data Services Limited have agreed to the use of, and reference to, the HS Index by Barclays Bank PLC (the "Licensee") in connection with the Securities. BUT NEITHER HANG SENG INDEXES COMPANY LIMITED NOR HANG SENG DATA SERVICES LIMITED WARRANTS OR REPRESENTS OR GUARANTEES TO ANY BROKER OR HOLDER OF THE SECURITIES OR ANY OTHER PERSON (i) THE ACCURACY OR COMPLETENESS OF THE HS INDEX AND ITS COMPUTATION OR ANY INFORMATION RELATED THERETO: OR (ii) THE FITNESS OR SUITABILITY FOR ANY PURPOSE OF THE HS INDEX OR ANY COMPONENT OR DATA COMPRISED IN IT; OR (iii) THE RESULTS WHICH MAY BE OBTAINED BY ANY PERSON FROM THE USE OF THE HS INDEX OR ANY COMPONENT OR DATA COMPRISED IN IT FOR ANY PURPOSE, AND NO WARRANTY OR REPRESENTATION OR GUARANTEE OF ANY KIND WHATSOEVER RELATING TO THE HS INDEX IS GIVEN OR MAY BE IMPLIED. The process and basis of computation and compilation of the HS Index and any of the related formula or formulae, constituent stocks and factors may at any time be changed or altered by Hang Seng Indexes Company Limited without notice. TO THE EXTENT PERMITTED BY APPLICABLE LAW, NO RESPONSIBILITY OR LIABILITY IS ACCEPTED BY HANG SENG INDEXES COMPANY LIMITED OR HANG SENG DATA SERVICES LIMITED (i) IN RESPECT OF THE USE OF AND/OR REFERENCE TO THE HS INDEX BY THE LICENSEE IN CONNECTION WITH THE SECURITIES: OR (ii) FOR ANY INACCURACIES, OMISSIONS, MISTAKES OR ERRORS OF HANG SENG INDEXES COMPANY LIMITED IN THE COMPUTATION OF THE HS INDEX: OR (iii) FOR ANY INACCURACIES, OMISSIONS, MISTAKES, ERRORS OR INCOMPLETENESS OF ANY INFORMATION USED IN CONNECTION WITH THE COMPUTATION OF THE HS INDEX WHICH IS SUPPLIED BY ANY OTHER PERSON: OR (iv) FOR ANY ECONOMIC OR OTHER LOSS WHICH MAY BE DIRECTLY OR INDIRECTLY SUSTAINED BY ANY BROKER OR HOLDER OF THE SECURITIES OR ANY OTHER PERSON DEALING WITH THE SECURITIES AS A RESULT OF ANY OF THE AFORESAID. AND NO CLAIMS, ACTIONS OR LEGAL PROCEEDINGS MAY BE BROUGHT AGAINST HANG SENG INDEXES COMPANY LIMITED AND/OR HANG SENG DATA SERVICES LIMITED in connection with the Securities in any manner whatsoever by any broker, holder or other person dealing with the Securities. Any broker, holder or other person dealing with the Securities does so therefore in full knowledge of this disclaimer and can place no reliance whatsoever on Hang Seng Indexes Company Limited and Hang Seng Data Services Limited. For the avoidance of doubt, this disclaimer does not create any contractual or quasi-contractual relationship between any broker, holder or other person and Hang Seng Indexes Company Limited and/or Hang Seng Data Services Limited and must not be construed to have created such relationship.

Hang Seng China Enterprises Index: The Hang Seng China Enterprises Index (the "HSCE Index") is published and compiled by Hang Seng Indexes Company Limited pursuant to a licence from Hang Seng Data Services Limited. The mark(s) and name(s) Hang Seng China Enterprises Index are proprietary to Hang Seng Data Services Limited. Hang Seng Indexes Company Limited and Hang Seng Data Services Limited have agreed to the use of, and reference to, the HSCE Index by the Licensee in connection with Securities. BUT NEITHER HANG SENG INDEXES COMPANY LIMITED NOR HANG SENG DATA SERVICES LIMITED WARRANTS OR REPRESENTS OR GUARANTEES TO ANY BROKER OR HOLDER OF THE SECURITIES OR ANY OTHER PERSON (i) THE ACCURACY OR COMPLETENESS OF THE HSCE INDEX AND ITS COMPUTATION OR ANY INFORMATION RELATED THERETO; OR (ii) THE FITNESS OR SUITABILITY FOR ANY PURPOSE OF THE HSCE INDEX OR ANY COMPONENT OR DATA COMPRISED IN IT: OR (iii) THE RESULTS WHICH MAY BE OBTAINED BY ANY PERSON FROM THE USE OF THE HSCE INDEX OR ANY COMPONENT OR DATA COMPRISED IN IT FOR ANY PURPOSE. AND NO WARRANTY OR REPRESENTATION OR GUARANTEE OF ANY KIND WHATSOEVER RELATING TO THE HSCE INDEX IS GIVEN OR MAY BE IMPLIED. The process and basis of computation and compilation of the HSCE Index and any of the related formula or formulae, constituent stocks and factors may at any time be changed or altered by Hang Seng Indexes Company Limited without notice. TO THE EXTENT PERMITTED BY APPLICABLE LAW. NO RESPONSIBILITY OR LIABILITY IS ACCEPTED BY HANG SENG INDEXES COMPANY LIMITED OR HANG SENG DATA SERVICES LIMITED (i) IN RESPECT OF THE USE OF AND/OR REFERENCE TO THE HSCE INDEX(ES) BY THE LICENSEE IN CONNECTION WITH THE SECURITIES; OR (ii) FOR ANY INACCURACIES, OMISSIONS, MISTAKES OR ERRORS OF HANG SENG INDEXES COMPANY LIMITED IN THE COMPUTATION OF THE HSCE INDEX: OR (iii) FOR ANY INACCURACIES. OMISSIONS, MISTAKES, ERRORS OR INCOMPLETENESS OF ANY INFORMATION USED IN CONNECTION WITH THE COMPUTATION OF THE HSCE INDEX WHICH IS SUPPLIED BY ANY OTHER PERSON; OR (iv) FOR ANY ECONOMIC OR OTHER LOSS WHICH MAY BE DIRECTLY OR INDIRECTLY SUSTAINED BY ANY BROKER OR HOLDER OF THE SECURITIES OR ANY OTHER PERSON DEALING WITH THE SECURITIES AS A RESULT OF ANY OF THE AFORESAID. AND NO CLAIMS, ACTIONS OR LEGAL PROCEEDINGS MAY BE BROUGHT AGAINST HANG SENG INDEXES COMPANY LIMITED AND/OR HANG SENG DATA SERVICES LIMITED in connection with the Securities in any manner whatsoever by any broker, holder or other person dealing with the Securities. Any broker, holder or other person dealing with the Securities does so therefore in full knowledge of this disclaimer and can place no reliance whatsoever on Hang Seng Indexes Company Limited and Hang Seng Data Services Limited. For the avoidance of doubt, this disclaimer does not create any contractual or quasi-contractual relationship between any broker, holder or other person and Hang Seng Indexes Company Limited and/or Hang Seng Data Services Limited and must not be construed to have created such relationship.

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 5 August 2011.

Parties
Issuer: Barclays Bank PLC
Guarantor: N/A
Manager: Barclays Bank PLC
Determination Agent: Barclays Bank PLC
Issue and Paying Agent: Skandinaviska Enskilda Banken AB (publ) (the "APK Issue
and Paying Agent")
Stabilising Manager: N/A
Registrar: N/A
Italian Securities Agent: 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"). 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 PROSPECTUS, SEE "PURCHASE AND SALE" AND "CLEARANCE, SETTLEMENT AND TRANSFER RESTRICTIONS -TRANSFER RESTRICTIONS FOR REGISTERED SECURITIES" IN THE BASE PROSPECTUS.

EACH PURCHASER OF REGISTERED SECURITIES WILL BE DEEMED, BY ITS ACCEPTANCE OF PURCHASE OF ANY SUCH REGISTERED SECURITIES, TO HAVE MADE CERTAIN REPRESENTATIONS AND AGREEMENTS INTENDED TO RESTRICT THE RESALE OR OTHER TRANSFER OF SUCH REGISTERED SECURITIES AS SET OUT IN "CLEARANCE, SETTLEMENT AND TRANSFER RESTRICTIONS - TRANSFER RESTRICTIONS FOR REGISTERED SECURITIES".

THE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE US SECURITIES AND EXCHANGE COMMISSION, ANY STATE SECURITIES COMMISSION IN THE UNITED STATES OR ANY OTHER US REGULATORY AUTHORITY, AND NONE OF THE FOREGOING AUTHORITIES HAS PASSED UPON OR ENDORSED THE MERITS OF THE OFFERING OF SECURITIES OR THE ACCURACY OR THE ADEQUACY OF THESE FINAL TERMS OR THE BASE PROSPECTUS. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENCE IN THE UNITED STATES.

These Securities are APK Registered Securities. Securityholders should refer to the provisions of the Finnish Securities Annex of the Base Prospectus which shall apply to the Securities.

Provisions relating to the Securities

1 Series: NX00063934
2 Currency: Euro ("EUR")
3 Notes: Applicable
Aggregate Nominal Amount as at
(i)
the Issue Date:
EUR 700,000
(ii) Specified Denomination: EUR 50,000
(iii) Minimum Tradable Amount: N/A
(iv) Calculation Amount as at the Issue
Date:
Specified Denomination
For the purposes hereof, all references in the
Conditions to "Calculation Amount per Security" shall
be construed as references to "Calculation Amount" as
defined in these Final Terms.
4 Certificates: N/A
5 Form:
Global/Definitive/Uncertificated
(i)
and dematerialised:
The
Securities
uncertificated
in
and
are
dematerialised book-entry form
(ii) NGN Form: N/A
(iii) Held under the NSS: N/A
(iv) CGN Form: N/A
$(v)$ CDIs: N/A
6 Trade Date: 12 December 2011
7 Issue Date: 22 December 2011
8 Redemption Date: The later of (i) 15 December 2016 and (ii) 10
Business Days after the Final Valuation Date.
"Final Valuation Date" means 1 December 2016.
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 Equity Linked Annex
apply to the Securities: Finnish Securities Annex
Provisions relating to interest (if any) payable on the Securities
12 Interest: N/A
13 Interest Amount: N/A
14 Interest Rate: N/A
15 Screen Rate Determination: N/A
16 ISDA Determination: N/A
17 Margin: N/A
18 Minimum/Maximum Interest Rate: N/A
19 Interest Commencement Date: N/A
20 Interest Determination Date: N/A
21 Interest Calculation Periods: N/A
22 Interest Payment Dates: N/A
23 Day Count Fraction: N/A
24 Fallback 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:
N/A
Provisions relating to Redemption
25 Settlement Method: For the purposes of Condition 5.1 of the Base
Conditions:
Cash Settlement
26 Settlement Currency: EUR
27 Settlement Number: As defined in Condition 24 of the Base Conditions
28 Terms relating to Cash Settled
Securities:
Final Cash Settlement Amount:
(i)
In respect of each Security, an amount in the
Settlement Currency, payable on the Redemption
Date, calculated as follows:
Calculation Amount x 100% + Calculation Amount x Participation x max (0, Basket Return)

Where:

"Basket Return" means an amount calculated as follows:

$$
\sum_{i=1}^{2} \frac{1}{2} \left( \frac{\text{Underlying}^{i}{\text{End}} - \text{Underlying}^{i}{\text{Start}}}{\text{Underlying}^{i}_{\text{Start}}} \right)
$$

"Underlyingistart" means an amount calculated as follows:

IndexiInitial $\times$ FXi, being 1784.097 (18575.66 x 0.096045) for $Index_1$ and 966.149 (10059.35 x 0.096045) for $Index_2$

Where:

" Index $_{Initial}$ " or "Initial Level" means the Index Level of an Indexi on the Strike Date, as set out in the Schedule.

In respect of Underlying $K^i$ is determined on the Business Day preceding the Strike Date.

"UnderlyingiEnd" is calculated as follows:

$$
\sum_{t=1}^{13} \frac{1}{13} \left( \text{Index}^{i} \cdot \times \text{FX}^{i} \right)
$$

Where

"Indexit" is the Index Level of the Indexi on Averaging Date t.

In respect of Underlying $i_{\text{End}}$ , $FX^i$ is determined on the Business Day following the respective Averaging Date t.

"Averaging Date t" means each Averaging Date as set out in paragraph 37(xi) below

"FXi" means, in respect of a Business Day, the HKD-EUR exchange-rate (being the number of EUR per HKD), each such rate as quoted on Reuters page ECB 37 at 14:15 Central European Time on such date (or if such rate does not appear on Reuters page ECB37 at 14:15 Central European Time on such date then the rate will be determined by the Determination Agent in its sole discretion)

"EUR" means Euro.

"HKD" means Hong Kong Dollar.

"Participation" means 90 per cent.

"Strike Date" means 12 December 2011.
(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 Terms relating to Physically Delivered
Securities:
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 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
37 Index Linked Securities (Equity indices
only):
Applicable
(i) Index/Indices (each a
"Reference Asset"):
A basket of 2 indices (each an "Index i " and,
collectively, the "Basket of Indices") as set out in the
Schedule
(ii) Future Price Valuation: N/A
(iii) Exchange-traded Contract: N/A
(iv) Exchange: In respect of each Index i , as set out in the Schedule
(v) Related Exchange: In respect of each Index i , as set out in the Schedule
(vi) Exchange Rate: N/A
(vii)
Weighting for each Reference
Asset comprising the Basket
of Reference Assets:
Index Level of each Reference
(viii)
Asset:
In respect of each Index i , as set out in the Schedule
The level of an Index i at the Valuation Time on any
Scheduled Trading Day (the "Index Level").
(ix) Valuation Date: The Strike Date and the Final Valuation Date
(x) Valuation Time: As defined in the Equity Linked Annex
(xi) Averaging: Applicable
(a) Averaging Dates: The 1st calendar day of each month from and
including 1st December 2015 up to and including the
Final Valuation Date (13 Averaging Dates in total).
(b) Consequence of an
Averaging Date
being a Disrupted Day:
Modified Postponement
(xii) Securities: Additional Disruption Event in
respect of Index Linked
N/A
(xiii) FX Disruption Event: N/A
(xiv) 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 (a) Barclays Capital Commodity Index
Linked Securities (Section 2 of the
Barclays Capital Index Annex):
N/A
(b) Capital Index Annex): Barclays Capital Equity Index
Securities (Section 3 of the Barclays
N/A
Capital Index Annex): (c) Barclays Capital FX Index Linked
Securities (Section 4 of the Barclays
N/A
(d) Barclays Capital Interest Rate Index
Linked Securities (Section 5 of the
Barclays Capital Index Annex):
N/A
(e) Barclays Capital Emerging Market
Index Linked Securities (Section 6 of the
Barclays Capital Index Annex):
N/A
43 Bond Linked Securities: N/A
44 Fund Linked Securities: N/A

Provisions relating to Settlement

Registered Securities or Spanish Securities:

45 Settlement in respect of VP Notes, APK For so long as it is a requirement of the EFi Rules, the Registered Securities, Dutch Securities, APK Registered Securities may not provide for any Swedish Registered Securities, VPS form of settlement (including in respect of payment of interest) other than payment in cash.

46 Additional provisions relating to Taxes N/A and Settlement Expenses:

Definitions

47 Business Day: As defined in Condition 24 of the Base Conditions
48 Additional Business Centre(s): Helsinki
Selling restrictions and provisions relating to certification
49 Non-US Selling Restrictions: As described in the Base Prospectus
50 Applicable TEFRA exemption: N/A
General
51 Business Day Convention: Modified Following
For the purposes hereof, Condition 9.7 of the Base
Conditions shall be modified so that if the due date for
any payment in respect of any Security or Coupon is
not a Payment Day, then payment will not be made
until the next succeeding Payment Day in the relevant
place unless it would thereby fall into the next
calendar month, in which event such date shall be
brought forward to the immediately preceding
Payment Date, and the holder thereof shall not be
entitled to any further payment in respect of any such
delay.
52 Relevant Clearing Systems: Euroclear Finland
53 If syndicated, names of Managers: N/A
54 Details relating to Partly Paid
(a)
Securities:
N/A
(b)
Details relating to Instalment
Notes:
N/A
55 Relevant securities codes: ISIN: FI4000035829
56 Modifications
the
Master
to
Subscription Agreement and/or Agency
Agreement:
N/A
57 Additional
Conditions
and/or
modification to the Conditions of the
Securities:
N/A

Part B Other Information

Listing and Admission to Trading $\mathbf{1}$

(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:
N/A

$\overline{2}$ Ratings

Ratings: The Securities have not been individually rated.

Notification $\overline{3}$

The Financial Services Authority has provided the Rahoitustarkastus 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 5

(i) Reasons for the offer: General funding
(ii) Estimated net proceeds: N/A
(iii) Estimated total expenses: N/A

Fixed Rate Securities Only - Yield 6

$N/A$

$\overline{7}$ Floating Rate Securities Only - Historic Interest Rates

$N/A$

Performance of Reference Asset(s) or Other Variable, Explanation of Effect on Value of 8 Investment and Associated Risks and Other Information Concerning the Reference Asset(s) and/or Other Underlying

Past performance and volatility of each Index can be obtained on Bloomberg/Reuters.

Investors should note that historical performance should not be taken as an indication of future performance.

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

$91$ Performance of Rate of Exchange and Explanation of Effect on Value of Investment

$N/A$

10 Performance of Rates of Exchange and Explanation of Effect on Value of Investment

$N/A$

11 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):
Finland Ltd, identification
Euroclear
number:
FI0003030700. The Issuer shall be entitled to obtain
information from the register maintained
by
Euroclear Finland Ltd for the purposes of performing
its obligations under the issue of the Securities.
Delivery: Delivery against payment
Names and addresses of additional Paying
Agents $(s)$ (if any):
Skandinaviska Enskilda Banken AB (publ), acting
through it's division SEB Merchant Banking, Custody
Services in Helsinki
Attention: SEB Merchant Banking, Custody Services
P.O.Box 630,
FI-00101 Helsinki
Finland
Fax: +358 9 616 28095
Blasieholmstorg12
SE-106 70 Stockholm
Sweden
Intended to be held in a manner which would
allow Eurosystem eligibility:
N 0

12 Offer Information

The Issue Price includes a commission element to be shared with a third party which will not be more than 1 per cent. per annum of the Issue Price. Further details of are available upon request.

Schedule

Basket of Indices

Index
$("Index_i")$
Exchange Related
Exchange
Bloomberg/
Reuters code
Weighting Initial Level
Hang Seng
Index
The Stock
Exchange of
Hong Kong
Limited
All Exchanges HSI Index 50.00% 18575.66
Hang Seng
China
Enterprises
Index
The Stock
Exchange of
Hong Kong
Limited
All Exchanges HSCEI Index 50.00% 10059.35