In this role Colin will be responsible for all payment activity across the Group and will lead a world class payments team bringing best in class payment services to all customer groups within Barclays. Colin will report to Frits Seegers, Chief Executive of Barclays Global Retail and Commercial Banking (GRCB).

Colin Klipin joined on 2 October 2006 from ABN Amro where he was responsible for the Alliance Solutions Business. Prior to this he was at Deloitte Consulting where he was Director of the payments strategy practice. Before joining Deloitte, he was responsible for the payments business at Citibank and Bank of America.

Commenting Frits Seegers, Chief Executive, GRCB, said:

"I am delighted to welcome such a global talent as Colin Klipin to Barclays. The payments landscape is evolving rapidly and Colin will drive our global capability in this area."

Commenting Colin Klipin, Global Head of Payments, said:

"Barclays has one of the strongest brands in financial services and I am very excited to join the business to drive even greater levels of sophistication in payment capability."

About Barclays

Barclays PLC is a major global financial services provider engaged in retail and commercial banking, credit cards, investment banking, wealth management and investment management services. We are one of the largest financial services companies in the world by market capitalisation. Operating in over 60 countries and employing over 118,000 people, we move, lend, invest and protect money for over 25 million customers and clients worldwide. With over 300 years of history and expertise in banking, Barclays PLC has six major businesses.

UK Banking delivers banking products and services to over 14 million retail customers and 641,000 businesses in the UK.

Barclays global retail and commercial banking operation, has over 2 million international clients, in geographies which currently include France, Spain, Portugal, Italy, India, Africa and the Middle East. Absa has an additional 8 million retail customers in South Africa.

Barclaycard is one of the leading credit card businesses in Europe, and has 11.2 million UK customers and 5.3 million international cards in issue.

Barclays Capital, the investment banking division, provides corporate, institutional and government clients with solutions to their financing and risk management needs.

Barclays Global Investors is one of the world’s largest asset managers and a leading provider of investment management products and services. The total assets under management at June 30, 2006 were $1.6 trillion.

Barclays Wealth serves affluent, high net worth and intermediary clients worldwide, providing private banking, asset management, stockbroking, offshore banking, wealth structuring and financial planning services. At June 30, 2006, total client assets were £85 billion