FRN Variable Rate Fix

Barclays Bank PLC
                  

Issue Name:                 Barclays Bank Plc Series 138
                            AUD 150,000,000 Subordinated FRN Due 2013  
ISIN Code:                  XS0175471944                   
Interest Rate:              5.863300%
Base Rate:                  5.393300%
Interest Period:            06-Dec-04 to 04-Mar-05
Day Count Method:           Actual/365 (Fixed)
Number of Days in Period:   88
Payment Date:               04-Mar-05

Denomination:               Coupon:
------------------          ----------------------
        100,000.00           AUD            1,413.62
         10,000.00           AUD            141.36
          1,000.00           AUD            14.14