Barclays, Base Prospectus 2006

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Securities or Reference Entities, their respective affiliates or any guarantor or any other person or
entities having obligations relating to any issuer of Underlying Securities or Reference Entities or their
respective affiliates or any guarantor in the same manner as if any Equity or Credit Linked Notes issued
under the Programme did not exist, regardless of whether any such action might have an adverse effect
on an issuer of the Underlying Securities or Reference Entities, any of their respective affiliates or any
guarantor.
Protection Amount
If and to the extent that a Protection Amount has been declared applicable in the Final Terms, the Notes
of the Series will, at maturity, be redeemed for an amount no less than the specified Protection Amount.
A Protection Amount may apply at a level below, at, or above the principal amount/par value of a Note.
The Protection Amount, if any, will not be due if the Notes are redeemed prior to their stated maturity
or upon the occurrence of an Event of Default or upon the occurrence of a Tax Call. If no Protection
Amount is applicable the full amount invested by the investor may be lost. Even if a Protection Amount
applies, the Redemption Amount may be less than the investment made by the Noteholder. The
payment of the protection amount may be affected by the condition (financial or otherwise) of the
Issuer.
Exchange Rates
Prospective investors of the Notes should be aware that an investment in the Notes may involve
exchange rate risks.
Taxation
Potential purchasers and sellers of the Notes should be aware that they may be required to pay taxes or
other documentary charges or duties in accordance with the laws and practices of the country where the
Notes are transferred or other jurisdictions.
Market Illiquidity
There can be no assurance as to how the Notes will trade in the secondary market or whether such
market will be liquid or illiquid or that there will be a market at all.
Market Value of the Notes
The market value of the Notes will be affected by the creditworthiness of the Issuer and a number of
additional factors, including the value of the reference assets or an index, including, but not limited to,
the volatility of the reference assets or an index, or the dividend on securities underlying an index,
market interest yield rates, the market liquidity and the time remaining to the maturity date.
The Notes may be redeemed prior to Maturity
During a period when the Issuer may elect, or has elected, to redeem Notes, such Notes may feature a
market value not substantially above the price at which they can be redeemed. In such circumstances an
investor may not be able to reinvest the redemption proceeds in a comparable security at an effective
interest rate as high as that of the relevant Notes.
Clearing Systems
Because Global Notes representing the Notes are held by or on behalf of Clearstream Banking, société
anonyme, Luxembourg ("Clearstream Luxembourg"), Euroclear Bank S. A./N.V. as operator of the
Euroclear system ("Euroclear") or Clearstream Banking AG, Frankfurt am Main ("Clearstream
Frankfurt"), investors may have to rely on their procedures for transfer, payment and communication
with the Issuer.
Risks Relating to the Issuer
The profitability of the businesses of the Group (as defined in "Description of Barclays Bank PLC")
could be adversely affected by a worsening of general economic conditions in the United Kingdom or
globally. Factors such as the liquidity of the global financial markets, the level and volatility of equity
prices and interest rates, investor sentiment, inflation, and the availability and cost of credit could
significantly affect the activity level of customers and, as a consequence, adversely affect the Group's
profitability.