Rule 8 - Barclays plc

Barclays PLC
25 September 2000

                                  Date of Disclosure   25/09/00

                    DISCLOSURE UNDER RULES 8.1(a), 8.1(b)(i) and 8.3 
                       OF THE CITY CODE ON TAKEOVERS AND MERGERS

Date of dealing      22/09/00

Dealing in     BARCLAYS PLC                (name of company)

1)  Class of securities (eg ordinary shares) ORDINARY SHARES

2)  Amount bought                Amount sold             Price per unit

    1,549                           5,347                 SEE BELOW

Dealings executed by Barclays Stockbrokers Limited on behalf of Barclays Bank
Trust Company Limited's discretionary clients.

3)  Resultant total of the same class owned or controlled 
    (and percentage of class)      7,267,583          (0.49%)


4) Party making disclosure      OFFEROR - BARCLAYS PLC


5)  EITHER (a) Name of purchaser/vendor (Note 1)    
    OR     (b) if dealing for discretionary client(s), name of fund 
               management organisation
           BARCLAYS STOCKBROKERS LIMITED/BARCLAYS BANK TRUST COMPANY LIMITED.

6)  Reason for disclosure (Note 2)                                     
    (a) associate of (i) offeror (Note 3)                       YES
                    (ii) offeree company                        NO

Specify which category or categories of associate (1-8 overleaf) CATEGORY 1 
                                                                 ASSOCIATE

If category (8), explain

     (b)  Rule 8.3 (ie disclosure because of ownership or control of 1% 
          or more of the class of relevant securities dealt in)  NO

Signed, for and on behalf of the party named in (4) above  N/A  

(Also print name of signatory)   S WAINE

Telephone and extension number   0207 699 4018


Note 1.  Specify owner, not nominee or vehicle company.  If relevant, also 
         identify controller of owner, eg where an owner normally acts on 
         instructions of a controller

Note 2.  Disclosure might be made for more than one reason; if so, state all 
         reasons.

Note 3.  Specify which offeror if there is more than one.

Note 4.  When an arrangement exists with any offeror, with the offeree company 
         or which an associate of any offeror or of the offeree company 
         in relation to relevant securities, details of such arrangement must 
         be disclosed, as required by Note 6 on Rule 8

Note 5.  It may be necessary, particularly when disclosing derivative 
         transactions, to append a sheet to this disclosure form so that
         relevant information can be given.

Note 6.  In the case of an average price bargain, each underlying trade 
         should be disclosed.

For full details of disclosure requirements, see Rule 8 of the Code.  If in 
doubt, contact the Panel on Takeovers and Mergers, Tel No: 020 7382 9026



DEALT     DISCRETIONARY  BUY/SELL QUANTITY   PRICE        STOCK

22-Sep-00 Discretionary    B       177       17.125 BARCLAYS ORD GBP1
22-Sep-00 Discretionary    B       255      17.5675 BARCLAYS ORD GBP1
22-Sep-00 Discretionary    B       186       17.695 BARCLAYS ORD GBP1
22-Sep-00 Discretionary    B        82        17.63 BARCLAYS ORD GBP1
22-Sep-00 Discretionary    B        84        17.91 BARCLAYS ORD GBP1
22-Sep-00 Discretionary    B        86        17.78 BARCLAYS ORD GBP1
22-Sep-00 Discretionary    B        81        17.93 BARCLAYS ORD GBP1
22-Sep-00 Discretionary    B        84      18.0125 BARCLAYS ORD GBP1
22-Sep-00 Discretionary    B        82        17.97 BARCLAYS ORD GBP1
22-Sep-00 Discretionary    B       153        17.92 BARCLAYS ORD GBP1
22-Sep-00 Discretionary    B       279      17.2675 BARCLAYS ORD GBP1
                            TOTAL 1549

22-Sep-00 Discretionary    S       579      17.2275 BARCLAYS ORD GBP1
22-Sep-00 Discretionary    S       246        17.41 BARCLAYS ORD GBP1
22-Sep-00 Discretionary    S       713      17.7325 BARCLAYS ORD GBP1
22-Sep-00 Discretionary    S       217       17.965 BARCLAYS ORD GBP1
22-Sep-00 Discretionary    S       236       17.975 BARCLAYS ORD GBP1
22-Sep-00 Discretionary    S        50        18.03 BARCLAYS ORD GBP1
22-Sep-00 Discretionary    S        50      18.0375 BARCLAYS ORD GBP1
22-Sep-00 Discretionary    S        50        18.03 BARCLAYS ORD GBP1
22-Sep-00 Discretionary    S       655        17.93 BARCLAYS ORD GBP1
22-Sep-00 Discretionary    S       165       17.895 BARCLAYS ORD GBP1
22-Sep-00 Discretionary    S      2263       17.885 BARCLAYS ORD GBP1
22-Sep-00 Discretionary    S        73      17.9575 BARCLAYS ORD GBP1
22-Sep-00 Discretionary    S        50        18.17 BARCLAYS ORD GBP1
                            TOTAL 5347