FRN Variable Rate Fix

Barclays Bank PLC
                  

Issue Name:               Barclays Bank Plc Series 123
                          £100,000,000 FRN due Jan 2008
                          Funged with XS0179778229 & XS0175807956
ISIN Code:                XS0152775564
Interest Rate:            4.940000%
Base Rate:                4.920000%
Interest Period:          18-Apr-05 to 18-Jul-05
Day Count Method:         Actual/365 (or /366 if ends in leap year)
Number of Days in Period: 91
Payment Date:             18-Jul-05

Denomination:      Coupon:
----------------   ----------------
       10,000.00   GBP       123.16