Sale of Dial Group

Barclays PLC
23 June 2000

           BARCLAYS COMPLETES SALE OF DIAL GROUP FOR £269 MILLION
                                      
Barclays PLC announced that yesterday (Thursday, June 22) it completed the
sale of the Dial Group, a full service contract hire and fleet management
business, to ABN AMRO Lease Holding N.V., the parent company of Lease Plan,
for a purchase price of £269 million cash.  Today's announcement follows
clearance from the European Commission under the merger regulation, and
consultation with Barclays' European Works Councils.