Barclays PLC
4 December 2001
4 December 2001
Notification of directors' interests: Companies Act 1985 s.329
1. The trustee of the Barclays Qualifying Employee Share Ownership Trust
(the 'Quest') notified the Company on 4 December 2001 that it subscribed for a
total of 42,914 Barclays PLC ordinary shares on 4 December 2001 at a price of
2095p per share. Following this transaction, the trustee of the Quest held a
total of 42,914 Barclays PLC ordinary shares in which the following directors
of Barclays PLC had an interest as potential beneficiaries: Sir Peter
Middleton, Mr M W Barrett, Mr C J Lendrum, Mr J M Stewart and Mr J S Varley.
(The Quest is a trust which distributes shares to employees of the Barclays
Group on the exercise of options granted under the Barclays PLC 1991 SAYE
Share Option Scheme, the Barclays Group SAYE Share Option Scheme and the
Woolwich plc Sharesave Scheme (the 'Schemes').)
The trustee of the Quest also notified the Company on 4 December 2001 that it
had transferred 42,914 Barclays PLC ordinary shares on 4 December 2001 to
participants in the Schemes following the exercise of their options.
Following this transaction, each of the directors listed above ceased to have
an interest in such shares.
2. The Company was notified on 4 December 2001 by the Plan Manager of
the Barclays Single Company PEP that on 29 November 2001 Mr C J Lendrum
received 4 ordinary shares in the Company at a price of 2074p per share as a
result of the dividend on the shares held in the PEP for Mr Lendrum being
reinvested.
Following this transaction, Mr Lendrum has a total beneficial interest in
42,261 ordinary shares in Barclays PLC.
In addition to the interest shown above, the trustees of all the Barclays
Group employees' benefit trusts hold a total of 10,623,224 ordinary shares in
Barclays PLC. Mr C J Lendrum, a Director of Barclays PLC, together with other
directors and senior executives, is amongst the potential beneficiaries under
these trusts and is therefore regarded for Companies Act purposes as being
interested in the Barclays PLC ordinary shares held in them.
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