Trading Update

Barclays PLC
27 November 2007

                                                              27th November 2007

                                  Barclays PLC
                                 Trading Update

'The diversification of our profits in recent years, together with the
investments we have made in businesses both inside and outside the UK, is
serving us well in 2007. Our performance in the nine months to the end of
September was supported by good underlying growth in Global Retail and
Commercial Banking, and by resilience in Investment Banking and Investment
Management in the face of turbulent market conditions in the second half.'

John Varley, Group Chief Executive

Business Commentary

Global Retail and Commercial Banking
In UK Retail Banking we have delivered good growth in profit before tax after
excluding the impact of settlements on overdraft fees from prior years,
reflecting good growth in mortgages and customer deposits. Impairment
performance in unsecured credit continued to improve and charges remained
negligible in mortgages. Barclays Commercial Bank (formerly UK Business Banking)
also saw good growth in profit before tax. This was driven by good growth in
income, with expenses growing broadly in line with income and impairment rising
at a slower rate than in the first half. UK Banking remains on course to achieve
its targeted full year cost:income ratio improvement of two percentage points,
excluding the impact of settlements on overdraft fees.

Profit before tax at Barclaycard grew strongly, excluding the loss on the
Monument credit card disposal in 2007 and property gains in 2006. Income and
expense trends were broadly in line with the first half of 2007 and impairment
charges continued to improve. Barclaycard US performed well and is on track to
be profitable in 2007.

Income growth in International Retail and Commercial Banking - excluding Absa
was very strong. We continued to invest in the expansion of the distribution
network and in infrastructure. Good profit growth in Western Europe and Emerging
Markets was offset by the impact of the disposal of FirstCaribbean International
Bank and property gains in 2006, and further investment in infrastructure.
International Retail and Commercial Banking - Absa reported strong growth in
profit before tax in Rand terms, driven by very strong growth in loans and good
deposit growth. There was a decline in profit before tax in Sterling due to Rand
depreciation.

Investment Banking and Investment Management
We provided a trading update in respect of the performance of Barclays Capital
for the ten months ended 31st October 2007 on 15th November 2007.

At Barclays Global Investors strong growth in income and profit before tax in US
Dollars translated into good growth in profit before tax in Sterling terms. We
continued to invest in people and infrastructure.

Excellent profit growth at Barclays Wealth was driven by higher transactional
income and strong inflows of client deposits and invested assets. We continued
to invest in client facing staff and related infrastructure to support future
growth.

Capital
We continue to buy back shares to neutralise the dilutive effect of share
issuance in August 2007. As at close of business 26th November 2007, we had
purchased for cancellation 280m shares at an average price of 603p per share. We
expect the year end Tier 1 ratio to be in line with our target of 7.25%.
Barclays liquidity remains strong and we continue to see good inflows of
deposits.

2007 outlook
Barclays expects 2007 earnings per share to be broadly in line with the current
market consensus.

                                    - ENDS -

Notes
 1. Key trends in the income statement set out above, unless stated otherwise,
    relate to the nine months to 30th September 2007, and are compared to the
    corresponding nine months of 2006. Balance sheet references relate to 30th
    September 2007 and are compared to the balance sheet as at 31st December
    2006.
 2. Trends in income are expressed after the deduction of 'net claims and
    benefits on insurance contracts'.
 3. UK Business Banking has been renamed Barclays Commercial Bank.
 4. As at close of business 26th November 2007, the market consensus derived by
    Barclays Investor Relations for 2007 PBT was £7,099m and for 2007 earnings
    per share was 68.8p.

Trading Update conference call and webcast details
The Group Finance Director's briefing will be available as a live conference
call at 09.00 (GMT) on Tuesday, 27th November 2007. The telephone number for UK
callers is 0845 301 4070 ([phone] for all other locations), with
the access code 'Barclays Results'. The briefing will also be available as a
live audio webcast on the Investor Relations website at:
www.investorrelations.barclays.com and a recording will be posted on the website
later.

Timetable
2007 Preliminary Results Announcement         Tuesday, 19th February 2008
Ex Dividend Date                              Wednesday, 5th March 2008
Dividend Record Date                          Friday, 7th March 2008
2008 Annual General Meeting                   Thursday, 24th April 2008
Dividend Payment Date                         Friday 25th April 2008

All dates are provisional and subject to change.

For further information please contact

Investor Relations                           Media Relations
Mark Merson/John McIvor                      Alistair Smith/Robin Tozer
[phone]/2929                    [phone]/6586

Forward Looking Statements
This document contains certain forward-looking statements within the meaning of
Section 21E of the US Securities Exchange Act of 1934, as amended, and Section
27A of the US Securities Act of 1933, as amended, with respect to certain of the
Group's plans and its current goals and expectations relating to its future
financial condition and performance. These forward-looking statements can be
identified by the fact that they do not relate only to historical or current
facts. Forward-looking statements sometimes use words such as 'aim',
'anticipate', 'target', 'expect', 'estimate', 'intend', 'plan', 'goal',
'believe', or other words of similar meaning. Examples of forward-looking
statements include, among others, statements regarding the Group's future
financial position, income growth, impairment charges, business strategy,
projected levels of growth in the banking and financial markets, projected
costs, estimates of capital expenditures, and plans and objectives for future
operations. By their nature, forward-looking statements involve risk and
uncertainty because they relate to future events and circumstances, including,
but not limited to, UK domestic and global economic and business conditions, the
effects of continued volatility in credit markets, market related risks such as
changes in interest rates and exchange rates, the policies and actions of
governmental and regulatory authorities, changes in legislation, the further
development of standards and interpretations under International Financial
Reporting Standards (IFRS) applicable to past, current and future periods,
evolving practices with regard to the interpretation and application of
standards under IFRS, progress in the integration of Absa into the Group's
business and the achievement of synergy targets related to Absa, the outcome of
pending and future litigation, the success of future acquisitions and other
strategic transactions and the impact of competition - a number of which factors
are beyond the Group's control. As a result, the Group's actual future results
may differ materially from the plans, goals, and expectations set forth in the
Group's forward-looking statements.

Any forward-looking statements made by or on behalf of Barclays speak only as of
the date they are made. Barclays does not undertake to update forward-looking
statements to reflect any changes in Barclays expectations with regard thereto
or any changes in events, conditions or circumstances on which any such
statement is based. The reader should, however, consult any additional
disclosures that Barclays has made or may make in documents it has filed or may
file with the SEC.



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