NYSE Lists Latest Barclays iPath<SUP>SM</SUP> - New Securities Based On Goldman Sachs Crude Oil Index Began Trading - New Securities Based On Goldman Sachs Crude Oil Index Began Trading

The New York Stock Exchange began trading Barclays Bank PLC’s newest iPathSM Exchange Traded Notes (iPathSM ETNs) linked to the performance of the Goldman Sachs Crude Oil Total Return Index  under the symbol OIL, on August 16.

iPath^SM ETNs are securities linked to the performance of a market index. They are designed to provide investors with convenient access to the returns of market benchmarks, less investor fees, with easy transferability. The latest iPath^SM ETN is linked to the GSCI® Crude Oil Total Return Index, a subindex of the Goldman Sachs Commodity Index.

The iPath^SM ETNs linked to GSCI® Crude Oil Total Return Index offers investors exposure to the returns potentially available through an unleveraged investment in West Texas Intermediate (WTI) crude oil futures plus the Treasury Bill rate of interest that could be earned on funds committed to the trading of the underlying contracts.  iPath ETNs will have a 30-year maturity. Barclays Bank PLC is the issuer, Barclays Capital Inc. is the issuer's agent and Barclays Global Investors Services is the promoter of iPath ETNs to intermediaries.

  In June, Barclays Bank PLC launched the first two iPath^SM ETNs: linked to the GSCI® Total Return Index (NYSE: GSP) and linked to Dow Jones-AIG Commodity Index Total Return^SM (NYSE: DJP) on the NYSE.  Similarly, these iPath ETNs each have a 30-year maturity. Barclays Bank PLC is the issuer, Barclays Capital Inc. is the issuer's agent and Barclays Global Investors Services is the promoter of iPath ETNs to intermediaries.