Response to Press Comment and

RNS Number : 7463W

Barclays PLC

16 June 2008

 



BARCLAYS PLC

16 June 2008

Response to press comment and trading update

Barclays notes recent speculation regarding the possible issuance of new equity by Barclays by way of a placing and pre-emptive offer to existing shareholders.  The Board of Barclays confirms this is currently under active consideration.  A further announcement will be made in the event that the Board of Barclays decides to pursue such an equity issuance.

In respect of current trading, Barclays Group profit before tax in May was well ahead of the monthly run rate for 2007. Relative to May 2007, Global Retail and Commercial Banking continued to deliver strong growth in profits and in Investment Banking and Investment Management profits were in line.  

-ENDS-

For further information please contact:

Investor Relations	Media Relations
Mark Merson	Alistair Smith
[phone]	[phone]
John McIvor	Robin Tozer
[phone]	[phone]

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. With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs 135,000 people. We move, lend, invest and protect money for over 27 million customers and clients worldwide. For further information about Barclays, please visit our website www.barclays.com.

This announcement does not constitute an offer of any securities for sale.

 

END

 

 

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