FRN Variable Rate Fix

Barclays Bank PLC
                  

Issue Name:                 Barclays Bank Plc 
                            USD 125,000,000 
                            Floating Rate Subordinated Step-up Callable Notes  
ISIN Code:                  XS0129884945                   
Interest Rate:              2.830630%
Base Rate:                  2.380630%
Interest Period:            26-Nov-04 to 25-Feb-05
Day Count Method:           Actual/360
Number of Days in Period:   91
Payment Date:               25-Feb-05

Denomination:               Coupon:
------------------          ----------------------
        50,000.00           USD             695.20