Rule 8 - Barclays PLC

Barclays PLC
26 September 2000

                                  Date of Disclosure   26/09/00

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

Date of dealing       25/09/00

Dealing in      Barclays Plc               (name of company)

1)  Class of securities (eg ordinary shares)  Ordinary shares

2)  Amount bought                Amount sold             Price per unit

          10,000                          -               £8.88

    Disclosure relates to the exercise by I Menzies-Conacher, a director of 
    various subsidiary companies of the Barclays Group, of options over 
    10,000 shares in Barclays PLC, such options having been granted to him
    under the Company's Renewed 1986 Executive Share Option Scheme.

3)  Resultant total of the same class owned or controlled 
    (and percentage of class)          28,654           (0.0019%)


4) Party making disclosure   Offeror - Barclays PLC


5)  EITHER (a) Name of purchaser/vendor (Note 1)   I Menzies-Conacher 
    OR     (b) if dealing for discretionary client(s), name of fund 
               management organisation

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 3  
                                                                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