Barclaycard Spending Index up 9.2% Year-on-Year in July

NORTHAMPTON, England, September 29, 2010 - Barclaycard Spending Index up 9.2% year-on-year in July shows talk of
Government austerity drive having little impact on consumer spending.

Consumer spending on cards saw a near double digit increase in August
compared to the same month last year, challenging concerns that talk of
reduced public spending is already forcing consumers to be more cautious.

According to the new figures released by Barclaycard, the amount spent on
debit and credit cards, in-store and online, increased by 9.2% in August
compared to the same month last year, with new autumn sales, discounts and
back-to-school spending helping to keep the retail sector buoyant. The rising
cost of both food and cotton may also be starting to filter through to retail
prices, meaning higher spending.

This month's increase represents the fourth month in a row that the
annual growth rate has increased by more than 9%, indicating anything but a
dip in confidence.

The figures challenge recent reports of a consumer spending slowdown and
reduced consumer confidence, suggesting that a gap exists between what
consumers say about their financial prospects and how they behave, with
spending on the high street remaining strong.

Stuart Neal, head of Barclaycard UK Payment Acceptance (
www.barclaycard.co.uk/business/accepting-payments/) said: "With
leading retailers warning that the Government austerity drive will keep the
economy in the doldrums and hit consumer confidence hard, it is good to see a
fourth month of increased spending."

"While there is some cause for viewing the near future with a certain
amount of trepidation, recent indicators are good. Confidence remains
relatively high, but it will be important to see how spending fares when
public spending cutbacks begin to hit people's pockets, and not just the
headlines."

Spending in August decreased by 1.9% compared to the previous month,
partly due to the earlier start to summer sales in July.

The Barclaycard Spending Index is based on spending on all debit and
credit card transactions (
www.barclaycard.co.uk/personal-home/cards/index.html), across 44
retail sectors. Barclaycard Global Payment Acceptance processes credit and
debit card payments for 85,000 businesses in the UK, around 30% of the UK
market.

Notes to editors

About Barclaycard:

Barclaycard, part of Barclays Global Retail Banking division, is a
leading global payment business which helps consumers, retailers and
businesses to make and accept credit (www.barclaycard.co.uk/) payments
flexibly, and to access short-term credit when needed.

The company is one of the pioneers of new forms of payments and is at the
forefront of developing viable contactless (
www.barclaycard.co.uk/personal-home/contactless/) and mobile payment
schemes for today and cutting edge forms of payment for the future. It also
issues credit and charge cards to corporate customers and the UK Government.
Barclaycard partners with a wide range of organisations across the globe to
offer their customers or members payment options and credit, as well as
reward options like the Barclaycard Freedom (
www.barclaycardfreedom.co.uk/) programme.

In addition to the UK, Barclaycard operates in the United States, Europe
and Africa.

    Key facts published in August 2010;

    - number of UK customers: 11.1m
    - number of International customers: 10.5m
    - number of retailer/merchant relationships: 85,000

    PR Contact:
    Andrew Bond
    Barclaycard Press Office
    1234 Pavilion Drive
    Northampton
    NN4 7SG
    +44(0)1604-25-1229
    www.barclaycard.co.uk

PR Contact: Andrew Bond, Barclaycard Press Office, 1234 Pavilion Drive, Northampton, NN4 7SG, +44(0)1604-25-1229.