Director Shareholding

Barclays PLC 02 January 2004 2 January 2004 Notification of directors' interests: Companies Act 1985 s.329 The appointment of the following executive directors of Barclays PLC and Barclays Bank PLC became effective on 1 January 2004: Roger Davis Gary Hoffman Naguib Kheraj David Roberts Each director has given written notice today to Barclays PLC and Barclays Bank PLC of the following interests in Barclays PLC ordinary shares: Interests in Barclays PLC ordinary shares including those held under the Barclays Share Incentive Plan and Profit Sharing Scheme Beneficial Non Beneficial Roger Davis 3,156 - Gary Hoffman 111,828 - Naguib Kheraj 2,238 - David Roberts 62,034 - Incentive Share Option Plan (ISOP) - the Company's performance linked share plan Date of Grant Target Award Shares Maximum number over which Exercise Price per under option potentially exercisable Share 000 000 Roger Davis 12.03.01 80 240 £5.34 20.03.02 80 240 £5.20 14.03.03 120 400 £3.26 Gary Hoffman 18.05.00 - 200 £3.90 12.03.01 100 320 £5.34 20.03.02 120 400 £5.20 14.03.03 120 400 £3.26 Naguib Kheraj 12.03.01 80 240 £5.34 20.03.02 100 320 £5.20 14.03.03 120 400 £3.26 David Roberts 12.03.01 80 240 £5.34 20.03.02 120 400 £5.20 14.03.03 120 400 £3.26 No consideration was paid for the grant of the options. Options are granted at an exercise price per share set at the market price of a Barclays PLC ordinary share at the date of grant. Executive Share Award Scheme (ESAS) - the Company's deferred share award plan Number at 1st Date of Grant of Nil cost option granted Nil cost option held January 2004 (a) options at 3rd anniversary (b) under Voluntary ESAS (c) Roger Davis 555,320 25.02.00 125,984 - Gary Hoffman 277,052 26.02.99 8,688 14,120 25.02.00 13,780 - 25.02.02 - 25,376 Naguib Kheraj 667,342 - - - David Roberts 262,303 26.02.99 5,492 - 25.02.00 9,452 - Note: a) ESAS is a deferred share award plan in which awards are initially granted in the form of a provisional allocation and do not give rise to any entitlement to the shares. These awards were granted in the years 1999 to 2003, and include mandatory bonus deferrals. b) Under ESAS any shares granted as a provisional allocation are normally granted as a nil cost option at the third anniversary. The shares shown under option in this column are already included in the numbers shown in the first column. The shares under option do not include accumulated dividend shares under option as follows: 8,996 shares for Roger Davis; 1,602 shares for Gary Hoffman; 1,062 shares for David Roberts. c) Voluntary ESAS is an additional award under ESAS following a director requesting that part of the cash bonus to which he would otherwise become entitled be waived and is granted as a right to acquire shares which will become fully exercisable after five years. No consideration was paid for the grant of any award. Save as You Earn Share Option Scheme - the Company's Inland Revenue approved Sharesave Scheme Date of Grant Shares Exercise Price per Share Roger Davis 09.09.02 2,714 £3.50 Gary Hoffman 04.09.98 1,008 £3.08 06.09.99 1,360 £3.56 06.09.00 324 £3.16 10.09.01 2,320 £4.11 08.09.03 724 £3.73 Naguib Kheraj 04.09.98 6,312 £3.08 David Roberts 06.09.99 944 £3.56 06.09.00 1,068 £3.16 10.09.01 816 £4.11 09.09.02 945 £3.50 08.02.03 853 £3.73 No consideration was paid for the grant of the options. Options are granted at an exercise price per share set at a 20% discount to the market price of a Barclays PLC ordinary share at the date of grant. Executive Share Option Scheme - one of the Company's closed share incentive schemes Date of Grant Shares Exercise Price per Share 000 Gary Hoffman 05.09.97 40 £3.47 Naguib Kheraj 14.08.98 60 £3.97 No consideration was paid for the grant of the options. Options are granted at an exercise price per share set at the market price of a Barclays PLC ordinary share at the date of grant. In addition, Messrs Davis, Hoffman, Kheraj and Roberts, together with other directors and senior executives of Barclays PLC, have an interest as potential beneficiaries in 82,797,943 shares in Barclays PLC ordinary shares held by the independent trustees of the Barclays Group employees' benefit trusts. These are discretionary trusts established for the benefit of Barclays Group employees and former employees (and in each case their families) all of whom are amongst the potential beneficiaries under these trusts and are therefore regarded for Companies Act purposes as being interested in the Barclays PLC ordinary shares held in them. No consideration is payable by a potential beneficiary for the acquisition of such an interest under the trusts. There are no other details that are required to be disclosed in respect of the appointments under paragraphs 6.F.2 (b) - (g) and 16.4 of the Listing Rules of the UK Listing Authority. Service Contracts Key terms of the service contracts for Mr Kheraj, Mr Davis, Mr Roberts, Mr Hoffman and for John Varley, an existing Director who became Deputy Group Chief Executive on 1 January 2004, are set out below: Salary Mr Varley receives a basic salary of £700,000 per annum. The four new executive directors referred to above receive a basic salary of £500,000 per annum. Performance related bonus Discretionary, dependent on both Group economic profit and individual performance. Notice period The service contracts of the above directors provide for a notice period of 12 months from the company or a notice period of 6 months from the individual. Severance arrangements On termination, the service contracts of the above directors provide for pro-rated phased payments of their notice entitlement with an explicit duty on the individual to mitigate their loss. The service contracts for all executive directors of Barclays PLC and Barclays Bank PLC are available for inspection during normal business hours at the Group's head office: 54 Lombard Street, London EC3P 3AH. This information is provided by RNS The company news service from the London Stock Exchange

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