FRN Variable Rate Fix

Barclays Bank PLC
                  

                            RATE FIX NOTICE

Issue Name:                 Barclays Bank plc ECU 2bn Programme Series 7, JPY
                            5bn Variable Floating Rate Subordinated Notes due 
                            September 2009
ISIN Code:                  XS0071127343
Interest Rate:              0.147500%
Base Rate:                  0.047500%
Interest Period:            01-Jun-04 to 01-Sep-04
Day Count Method:           Actual/360
Number of Days in Period:   92
Payment Date:               01-Sep-04
Denomination:               Coupon:
------------                ------------
     100,000,000.00         JPY     37,694.00