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:            3.743750%
Base Rate:                3.293750%
Interest Period:          25-May-05 to 25-Aug-05
Day Count Method:         Actual/360
Number of Days in Period: 92
Payment Date:             25-Aug-05

Denomination:      Coupon:
----------------   ----------------
       10,000.00   USD        95.67