FRN Variable Rate Fix

Barclays Bank PLC
                  

Issue Name:               Barclays Bank plc USD 125,000,000 Floating Rate 
                          Subordinated Step-up Callable Notes due May 2011  

ISIN Code:                XS0129884945
Interest Rate:            4.286250%
Base Rate:                3.836250%
Interest Period:          25-Aug-05 to 25-Nov-05
Day Count Method:         Actual/360
Number of Days in Period: 92
Payment Date:             25-Nov-05

Denomination:             Coupon:
----------------          ----------------
     10,000.00            USD     109.54