FRN Variable Rate Fix

Barclays Bank PLC
                  

                            RATE FIX NOTICE

Issue Name:                 Barclays Bank Plc Series 123
                            £100,000,000 FRN Due Jan 2008 
                            Funged with XSO179778229 & XSO175807956 
ISIN Code:                  XSO152775564
Interest Rate:              4.850000%
Base Rate:                  4.830000%
Interest Period:            16-Jul-04 to 18-Oct-04
Day Count Method:           Actual/365 (or /366 if ends in leap year)
Number of Days in Period:   94
Payment Date:               18-Oct-04
Denomination:               Coupon:
10,000.00                   GBP 124.56