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Barclays PLC Capital/Financing Update 2012

May 14, 2012

5250_prs_2012-05-14_46154740-223c-4bfd-82eb-e6bd768f2fed.pdf

Capital/Financing Update

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COMBINED SUPPLEMENTARY PROSPECTUS

BARCLAYS BANK PLC

(Incorporated with limited liability in England and Wales)

Prospectus relating to EUR 75,000,000 Non-Principal Protected Bond Linked Notes due 2016 and Prospectus relating to GBP 20,000,000 Index Linked Notes due June 2017

each issued pursuant to the GLOBAL STRUCTURED SECURITIES PROGRAMME

________________________________________________________________________

This Combined Supplementary Prospectus dated 14 May 2012 (the "Supplementary Prospectus") is supplemental to and must be read in conjunction with (i) prospectus dated 12 April 2012 in connection with the issue of EUR 75,000,000 Non-Principal Protected Bond Linked Notes due 2016 (the "First Drawdown Prospectus") and (ii) prospectus dated 11 April 2012 in connection with the issue of GBP 20,000,000 Index Linked Notes due June 2017 (the "Second Drawdown Prospectus" and, together with the First Drawdown Prospectus, the "Drawdown Prospectuses" and each a "Drawdown Prospectus")). The Drawdown Prospectuses were prepared by the Bank (in its capacity as the Issuer).

This Supplementary Prospectus constitutes a supplementary prospectus in respect of the Drawdown Prospectuses for the purposes of the Prospectus Directive and for the purpose of Section 87G of the FSMA.

Pursuant to Section 87Q(4) of the FSMA, where a supplementary prospectus has been published and, prior to the publication, a person has agreed to buy or subscribe for transferable securities to which it relates, such person may withdraw his acceptance before the end of the period of 2 working days beginning with the first working day after the date on which the supplementary prospectus was published. Investors who have agreed to buy or subscribe for the EUR 75,000,000 Non-Principal Protected Bond Linked Notes due 2016 and the GBP 20,000,000 Index Linked Notes due June 2017 should be aware of their rights.

Terms defined in the Drawdown Prospectuses shall, unless the context otherwise requires, have the same meaning when used in this Supplementary Prospectus. This Supplementary Prospectus supplemental to, and should be read in conjunction with each Drawdown Prospectus. To the extent that there is any inconsistency between (a) any statement in this Supplementary Prospectus and (b) any other statement in, or incorporated by reference in either Drawdown Prospectus, the statements in (a) above shall prevail.

The Issuer accepts responsibility for the information contained in this Supplementary Prospectus and declares that, having taken all reasonable care to ensure that such is the case, the information contained in this Supplementary Prospectus is, to the best of their knowledge, in accordance with the facts and contains no omission likely to affect its import. Save as disclosed in this Supplementary Prospectus, no significant new factor, material mistake or inaccuracy relating to the information included in each Drawdown Prospectus which is capable of affecting the assessment of the offer of the Securities has arisen or been noted, as the case may be, since the publication of the Drawdown Prospectuses.

This Supplementary Prospectus has been approved by the FSA, which is the United Kingdom competent authority for the purposes of the Prospectus Directive and the relevant implementing measures in the United Kingdom, as a supplementary prospectus issued in compliance with the Prospectus Directive and the relevant implementing measures in the United Kingdom for the purpose of giving information with regard to the issue of securities.

The purpose of this Supplementary Prospectus is to:

  • (i) incorporate by reference into each Drawdown Prospectus the unaudited Interim Management Statement of Barclays PLC as filed with the SEC on Form 6-K on Film Number 12784750 on 26 April 2012 in respect of the three months ended 31 March 2012; and
  • (ii) disclose certain significant new factors relating to the Bank and the Group being developments relating to Payment Protection Insurance ("PPI") claims against the Bank.

1. Incorporation of Information by Reference into the Drawdown Prospectuses

The unaudited Interim Management Statement of Barclays PLC as filed with the SEC on Form 6-K on Film Number 12784750 on 26 April 2012 in respect of the three months ended 31 March 2012, which has been filed with the FSA, shall, by virtue of this Supplementary Prospectus, be incorporated by reference into each Drawdown Prospectus.

2. Payment Protection Insurance

On 26 April 2012, following an increase in PPI complaint volumes, the Bank announced that it had increased the provision by a further £300 million.

Barclays

The date of this Supplementary Prospectus is 14 May 2012.