FRN Variable Rate Fix

Barclays Bank PLC
                  

RATE FIX NOTICE

Issue Name:                 Barclays Bank PLC Series 137
                            GBP 300,000,000 FRN due 2006
ISIN Code:                  XS0172290529
Interest Rate:              3.755000%
Base Rate:                  3.745000%
Interest Period:            14-Oct-03 to 14-Jan-04
Day Count Method:           Actual/365 (or/366 if ends in leap year)
Number of Days in Period:   92
Payment Date:               14-Jan-04
Denomination:               Coupon:
----------------            ----------------
1,000.00                    GBP 9.44
10,000.00                   GBP 94.39
100,000.00                  GBP 943.88