Barclays, Base Prospectus 2006

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(b) where the Calculation Period is longer than one Interest Period, the sum of: (i) the actual
number of days in such Calculation Period falling in the Interest Period in which it
begins divided by the product of (x) the actual number of days in such Interest Period and
(y) the number of Interest Periods in any year; and (ii) the actual number of days in such
Calculation Period falling in the next Interest Period divided by the product of (x) the
actual number of days in such Interest Period and (y) the number of Interest Periods in
any year.]
[[in the case of "30/360":]
the number of days in the Calculation Period divided by 360 (the number of days to be
calculated on the basis of a year of 360 days with twelve 30-day months (unless (i) the last day
of the Calculation Period is the 31st day of a month but the first day of the Calculation Period is
a day other than the 30th or 31st day of a month, in which case the month that includes that last
day shall not be considered to be shortened to a 30-day month, or (ii) the last day of the
Calculation Period is the last day of the month of February, in which case the month of February
shall not be considered to be lengthened to a 30-day month)).]
[[in the case of "30E/360" or "Eurobond Basis":]
the number of days in the Calculation Period divided by 360 (unless, in the case of the final
Calculation Period, the Maturity Date is the last day of the month of February, in which case the
month of February shall not be considered to be lengthened to a 30-day month).]
[[in the case of "Actual/365" or "Actual/Actual (ISDA)":]
the actual number of days in the Calculation Period divided by 365 (or, if any portion of the
Calculation Period falls in a leap year, the sum of (i) the actual number of days in that portion of
the Calculation Period falling in a leap year divided by 366 and (ii) the actual number of days in
that portion of the Calculation Period falling in a non-leap year divided by 365).]
[[in the case of "Actual/365 (Fixed)":]
the actual number of days in the Calculation Period divided by 365.]
[[in the case of "Actual/360":]
the actual number of days in the Calculation Period divided by 360.]
(7) If the Issuer for any reason fails to render any payment in respect of the [Notes] [Certificates]
when due, interest shall continue to accrue at the default rate established by statutory law on the
outstanding amount from and including the due date to but excluding the day on which such
payment is received by or on behalf of the [Noteholders] [Certificateholders].
§4
(Redemption)
(1) Final Redemption. The [Notes] [Certificates] shall be redeemed [[in case of [Notes]
[Certificates] other than Index, Currency, Equity, Commodity and Credit Linked [Notes]
[Certificates]:] at their Final Redemption Amount on [insert maturity date] [the Interest
Payment Date falling in [insert redemption month]] (the "Maturity Date")] [[in case of Index,
Commodity and Equity Linked [Notes] [Certificates]:] pursuant to §4c] [[in case of Credit
Linked Notes:] pursuant to §4b].
(2) Tax Call. The [Notes] [Certificates] shall be redeemed at their Early Redemption Amount
together with interest accrued to the date fixed for redemption at the option of the Issuer in
whole, but not in part, on any Interest Payment Date or, if so specified in the Final Terms, at any
time, on giving not less than 30 days' notice to the [Noteholders] [Certificateholders] (which
notice shall be irrevocable) by settlement in cash in accordance with §5 if; (i) on the occasion of
the next payment or delivery due under the [Notes] [Certificates], the Issuer has or will become