Corporate Action

Woolwich PLC
22 August 2000

SCHEME OF ARRANGEMENT
SECURITY TITLE
*Ord Shs
MNEMONIC CODE           *WWH
SEDOL CODE              *975-506
TERMS                   *For each Ordinary share  -  0.1175 New Barclays shares 
                         in Woolwich                 and 164p in cash
                                   
                         A Mix and Match Election will be made available under  
                        which Woolwich Shareholders may elect, subject to       
                       availability, to vary the proportions in which they 
                         receive New Barclays shares and cash in respect of     
                        their holdings of Woolwich shares.
PROVISIONAL EX DATE     *Info n/a                            
RECORD DATE             *Info n/a
NOTES *