Barclays PLC — Capital/Financing Update 2016

Aug 11, 2016

FINAL TERMS

Final Terms dated 10 August 2016

BARCLAYS PLC

Issue of £1,250,000,000 3.25 per cent. Notes due 2027

under the £60,000,000,000 Debt Issuance Programme

PART A - CONTRACTUAL TERMS

Terms used herein shall be deemed to be defined as such for the purposes of the Terms and Conditions of the Notes (the "Conditions") set forth in the base prospectus dated 3 August 2016 which constitutes a base prospectus (the "Base Prospectus") for the purposes of Directive 2003/71/EC, as amended, including by Directive 2010/73/EU and as implemented by any relevant implementing measure in the relevant Member State (the "Prospectus Directive"). This document constitutes the Final Terms of the Notes described herein for the purposes of Article 5.4 of the Prospectus Directive and must be read in conjunction with the Base Prospectus.

Full information on the Issuer and the offer of the Notes described herein is only available on the basis of the combination of these Final Terms and the Base Prospectus. The Base Prospectus and these Final Terms have been published on the website of the Regulatory News Service operated by the London Stock http://www.londonstockexchange.com/exchange/news/market-news/market-news-Exchange at home.html.

1.	(i)	Issuer:	Barclays PLC
2.	(i)	Series Number:	228
	(ii)	Tranche Number:	1
	(iii)	Date on which the Notes become fungible:	Not Applicable
3.	Specified Currency or Currencies:		Sterling ("£")
4.	Aggregate Nominal Amount:		£1,250,000,000
5.	Issue Price:		99.924 per cent. of the Aggregate Nominal Amount
6.	(i)	Specified Denominations:	£100,000 and integral multiples of £1,000 in excess thereof
	(ii)	Calculation Amount:	£1,000
7.	(i)	Issue Date:	12 August 2016
	(ii)	Interest Commencement Date:	Issue Date
8.	Maturity Date:		12 February 2027
9.	Interest Basis:		3.25 per cent. Fixed Rate
			(see paragraph 15 below)

10.	Redemption/Payment Basis:		Subject to any purchase and cancellation or early redemption, the Notes will be redeemed on the Maturity Date at 100 per cent. of their nominal amount.
11.	Basis:	Change of Interest or Redemption/Payment	Not Applicable
12.		Put/Call Options:	Not Applicable
13.	Status of the Notes: (i)		Senior
	(ii)	Date of approval for issuance of Notes obtained:	28 July 2016
14.		Senior Notes Waiver of Set-off:	Not Applicable
		PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
15.		Fixed Rate Note Provisions	Applicable
	(i)	Rate of Interest:	3.25 per cent. per annum payable annually in arrear on each Interest Payment Date
	(ii)	(A) Interest Payment Date(s):	12 February in each year
		(B) Interest Payment Date adjustment (for Renminbi or Hong Kong dollar- denominated Notes):	Not Applicable
	(iii)	Fixed Coupon Amount:	£32.50 per Calculation Amount payable on each Interest Payment Date, subject to the provisions of paragraph "Broken the Amount(s)" below
	(iv)	Broken Amount(s):	Short first coupon: £16.34 per Calculation Amount payable on the Interest Payment Date falling on 12 February 2017 in respect of the period from, and including, the Issue Date to, but excluding, 12 February 2017
	(v)	Day Count Fraction:	Actual/Actual (ICMA)
	(vi)	Party responsible for calculating the amount payable upon Illiquidity, Inconvertibility or Non- transferability:	Not Applicable
16.		Reset Note Provisions	Not Applicable
17.		Floating Rate Note Provisions	Not Applicable
18.		Zero Coupon Note Provisions	Not Applicable
		PROVISIONS RELATING TO REDEMPTION
19.		Call Option	Not Applicable
20.	Put Option		Not Applicable

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21.	Final Redemption Amount of each Note Early Termination Amount	Subject to any purchase and cancellation or early redemption, the Notes will be redeemed on the Maturity Date at £1,000 per Calculation Amount Not Applicable
22.
	GENERAL PROVISIONS APPLICABLE TO THE NOTES
23.	Form of Notes:	Registered Notes:
		Unrestricted Global Certificate registered in the name of a nominee for a common safekeeper for Euroclear and Clearstream, Luxembourg (that is, held under the New Safekeeping Structure (NSS)) exchangeable for Unrestricted Individual Certificates in the limited

24	New Global Note:	Nο
25.	Additional Financial Centre(s) or other special provisions relating to payment dates:	Not Applicable
26.	the first contract of the company of the company and the company of the company of the company of the company of the company of the company of the company of the company of the company of the company of the company of the Talons for future Coupons to be attached to Definitive Notes:	Nο

1. Spot Rate: Not Applicable

Global Certificate

circumstances described in the Unrestricted

SIGNED on behalf of BARCLAYS PLC: $By:$ Duly authorised

87441-3-17377-v3.0

PART B-OTHER INFORMATION

$\mathbf{1}$ . LISTING

$(i)$ Listing and admission to trading:

Application has been made by the Issuer (or on its behalf) for the Notes to be admitted to trading on the Regulated Market of the London Stock Exchange with effect from on or about the Issue Date.

$(ii)$ Estimate of total expenses related to £3,650 admission to trading:

$2.$ RATINGS

Ratings:

The Notes to be issued are expected to be rated:

Standard & Poor's Credit Market Services Europe Limited ("Standard & Poor's"): BBB

Moody's Investors Service Ltd. ("Moody's"): Baa3

Fitch Ratings Limited ("Fitch"): A

The short term unsecured obligations of the Issuer are rated A-2 by Standard & Poor's, P-3 by Moody's and F1 by Fitch, and the unsecured unsubordinated long-term obligations of the Issuer are rated BBB by Standard & Poor's, Baa3 by Moody's and A by Fitch.

Each of Moody's, Standard & Poor's and Fitch is established in the European Economic Area (the "EEA") and is registered under Regulation (EC) No. 1060/2009 (as amended) (the "CRA Regulation"). As such, each of Moody's, Standard & Poor's and Fitch is included in the list of credit rating agencies published by the European Securities and Markets Authority on its website in accordance with the CRA Regulation.

INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE 3.

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

The Managers and their affiliates have engaged, and may in the future engage, in investment banking and/or commercial banking transactions with, and may perform other services for, the Issuer and its affiliates in the ordinary course of business.

4. USE OF PROCEEDS

It is the Issuer's intention to use the proceeds of the issue of the Notes issued by it, to initially make an investment in the Bank in the form of senior debt. The Issuer retains the discretion to restructure any investment made with the proceeds at any time.

$5.$ Fixed Rate Notes only - YIELD

Indication of yield:

3.260 per cent.

The indicative yield is calculated at the Issue Date on the basis of the Issue Price. It is not an indication of future yield.

CUSIP Number Not Applicable $(i)$ $(ii)$ ISIN: XS1472663670 $(iii)$ Common Code: 147266367 $(iv)$ CINS Code: Not Applicable Not Applicable $(v)$ CMU Instrument Number: $(vi)$ Any clearing system(s) other than Not Applicable Euroclear, Clearstream Luxembourg, DTC or the CMU Service and the relevant identification number(s): Delivery against payment $(vii)$ Delivery: $(viii)$ Names and addresses of additional Not Applicable Paying Agent(s) (if any): Yes. Note that the designation "yes" simply $(ix)$ Intended to be held in a manner which would allow Eurosystem means that the Notes are intended upon issue to be deposited with one of the ICSDs as common eligibility: safekeeper, and registered in the name of a nominee of one of the ICSDs acting as common safekeeper, and does not necessarily mean that the Notes 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. DISTRIBUTION $\overline{7}$ . Reg. S Compliance Category 2/ TEFRA not U.S. Selling Restrictions: $(i)$ applicable $(ii)$ Method of distribution: Syndicated $(iii)$ If syndicated $(a)$ Names of Managers: Banca IMI S.p.A. Banco Santander, S.A. Bank of China Limited, London Branch Bankinter, S.A. Barclays Bank PLC

OPERATIONAL INFORMATION

6.

Commonwealth Bank of Australia

Credit Suisse Securities (Europe) Limited DBS Bank Ltd. Erste Group Bank AG Landesbank Baden-Württemberg National Australia Bank Limited (ABN 12004 044 937) Natixis Nomura International plc Nordea Bank Danmark A/S Oversea-Chinese Banking Corporation Limited RBC Europe Limited Scotiabank Europe plc Skandinaviska Enskilda Banken AB (publ) SMBC Nikko Capital Markets Limited Wells Fargo Securities International Limited Stabilisation Manager(s) (if Barclays Bank PLC any): If non-syndicated, name and address Not Applicable

$(iv)$ of Dealer:

$(b)$