Barclays, Base Prospectus 2006

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If the Final Terms for Notes of any Series indicates that Type 2 U.S. Commodities
Restrictions apply, the U.S. Commodities Restrictions will be as follows:
Trading in the Notes has not been approved by the U.S. Commodity Futures Trading
Commission under the U.S. Commodity Exchange Act. The Notes may not at any time be
offered, sold or delivered in the United States or to, or for the account or benefit of, U.S.
persons, nor may any U.S. person at any time trade or maintain a position in the Notes. The
redemption of a Note or the payment of the Redemption Amount, Early Redemption Amount
or other similar amount on redemption of a Note will be conditional on certification as to
non-U.S. beneficial ownership.
The Manager has represented and agreed (and each additional Manager named in the relevant
Final Terms will be required to represent and agree) (a) that it has not acquired, and will not at
any time acquire, any Notes for the account or benefit of any U.S. person and (b) that it has
not offered, sold, traded or delivered, and will not at any time offer, sell, trade or deliver, any
Notes, whether acquired in connection with the distribution of the Notes or otherwise, in the
United States or to, or for the account or benefit of, U.S. persons.
Terms in the two immediately preceding paragraphs not otherwise defined have the meanings
given to them by Regulation S.
Each issue of index- or currency-linked Notes shall be subject to such additional U.S. selling
restrictions as the Issuer and the relevant Manager may agree as a term of the issue and purchase of
such Notes, which additional selling restrictions shall be set out in the Final Terms. The Manager has
represented and agreed (and each additional Manager will be required to represent and agree) that it
shall offer, sell and deliver such Notes only in compliance with such additional U.S. selling restrictions.
European Union
In relation to each Member State of the European Economic Area which has implemented the
Prospectus Directive (each, a "Relevant Member State"), the Manager represents and agrees, and each
further Manager appointed under the Programme will be required to represent and agree, that with
effect from and including the date on which the Prospectus Directive is implemented in that Relevant
Member State (the "Relevant Implementation Date") it has not made and will not make an offer of
Notes to the public in that Relevant Member State except that it may, with effect from and including
the Relevant Implementation Date, make an offer of Notes to the public in that Relevant Member State:
(i) in (or in Germany, where the offer starts within) the period beginning on the date of
publication of a prospectus in relation to those Notes which has been approved by the
competent authority in that Relevant Member State or, where appropriate, approved in
another Relevant Member State and notified to the competent authority in that Relevant
Member State, all in accordance with the Prospectus Directive and ending on the date which is
12 months after the date of such publication;
(ii) at any time to legal entities which are authorised or regulated to operate in the financial
markets or, if not so authorised or regulated, whose corporate purpose is solely to invest in
securities;
(iii) at any time to any legal entity which has two or more of (1) an average of at least 250
employees during the last financial year; (2) a total balance sheet of more than €43,000,000
and (3) an annual net turnover of more than €50,000,000, as shown in its last annual or
consolidated accounts; or
(iv) at any time in any other circumstances which do not require the publication by the Issuer of a
prospectus pursuant to Article 3 of the Prospectus Directive.
For the purposes of this provision, the expression an "offer of Notes to the public" in relation to any
Notes in any Relevant Member State means the communication in any form and by any means of
sufficient information on the terms of the offer and the Notes to be offered so as to enable an investor
to decide to purchase or subscribe the Notes, as the same may be varied in that Member State by any
measure implementing the Prospectus Directive in that Member State and the expression "Prospectus