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Barclays, Base Prospectus 2006

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- 48 -<br />

Screen Page, as described above, on the last day preceding the Interest Determination Date on<br />

which such quotations were offered plus or minus (as appropriate) the Margin (if any) (though<br />

substituting, where a different Margin is to be applied to the relevant Interest Period from that<br />

which applied to the last preceding Interest Period, the Margin relating to the relevant Interest<br />

Period in place of the Margin relating to that last preceding Interest Period).<br />

[In case of index, currency, commodity and equity linked interest or Dual Currency [Notes]<br />

[Certificates] insert provisions relating to the Interest Rate]<br />

[If Minimum Rate of Interest applies insert: If the Rate of Interest in respect of any Interest<br />

Period determined in accordance with the above provisions is less than [insert Minimum Rate<br />

of Interest], the Rate of Interest for such Interest Period shall be [insert Minimum Rate of<br />

Interest].]<br />

[If Maximum Rate of Interest applies insert: If the Rate of Interest in respect of any Interest<br />

Period determined in accordance with the above provisions is greater than [insert Maximum<br />

Rate of Interest], the Rate of Interest for such Interest Period shall be [insert Maximum Rate of<br />

Interest].]<br />

(3) Interest Amount. The Determination Agent will, on or as soon as practicable after each time at<br />

which the Rate of Interest is to be determined, calculate the amount of interest (the "Interest<br />

Amount") payable on the [Notes] [Certificates] in respect of each Specified Denomination for<br />

the relevant Interest Period. Each Interest Amount shall be calculated by applying the Rate of<br />

Interest and the Day Count Fraction (as defined below) to each Specified Denomination and<br />

rounding the resultant figure to the nearest unit of the Currency, with 0.5 of such unit being<br />

rounded upwards.<br />

(4) Notification of Rate of Interest and Interest Amount. The Determination Agent will cause the<br />

Rate of Interest, each Interest Amount for each Interest Period, each Interest Period and the<br />

relevant Interest Payment Date to be notified to the Issuer and the [Noteholders]<br />

[Certificateholders] in accordance with §12 as soon as possible after the determination, but in no<br />

event later than the fourth Business Day (as defined in §5(2)) thereafter and if required by the<br />

rules of any stock exchange on which the [Notes] [Certificates] are from time to time listed, to<br />

such stock exchange as soon as possible after their determination, but in no event later than the<br />

first day of the relevant Interest Period. Each Interest Amount and Interest Payment Date so<br />

notified may subsequently be amended (or appropriate alternative arrangements made by way of<br />

adjustment) without notice in the event of an extension or shortening of the Interest Period. Any<br />

such amendment will be promptly notified to any stock exchange on which the [Notes]<br />

[Certificates] are then listed and to the [Noteholders] [Certificateholders] in accordance with<br />

§12.<br />

(5) "Interest Period" means the period from and including the Interest Commencement Date to but<br />

excluding the First Interest Payment Date and any subsequent period from and including an<br />

Interest Payment Date to but excluding the next Interest Payment Date.]<br />

[[In the case of Zero Coupon [Notes] [Certificates] insert:]<br />

There will not be any periodic payments of interest on the [Notes] [Certificates].]<br />

(6) "Day Count Fraction", in respect of the calculation of an amount for any period of time (the<br />

"Calculation Period") means:<br />

[[in the case of "Actual/Actual (ICMA)":]<br />

(a) where the Calculation Period is equal to or shorter than the Interest Period during which<br />

it falls, the actual number of days in the Calculation Period divided by the product of (i)<br />

the actual number of days in such Interest Period and (ii) the number of Interest Periods<br />

in any calendar year; and

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