FRN Variable Rate Fix

Barclays Bank PLC
                  

Issue:                      Barclays Bank PLC
                            Series 65, USD 115,000,000 Floating Rate
                            Subordinated Step-Up Callable Notes due November
                            2009
ISIN Code:                  XS0103258389
Interest Rate:              1.720000%
Base Rate:                  1.170000%
Interest Period:            24-Nov-03 to 24-Feb-04
Days Count Method:          Actual/360
Number of Days in Period:   92
Payment Date:               24-Feb-04
Denomination:               Coupon:
----------------            ------------------
        1,000.00            USD           4.40