Barclays' Chiefs Refuse Bonuses Despite Record Results - Interview With CEO

LONDON, February 16, 2010 - Barclays, the UK Bank which has remained profitable and avoided state
bail outs throughout the financial crisis, today reported 2009 full year
results with income up GBP8 billion, a trebling of underlying profits and a
core Tier 1 capital ratio of 10%.

In a video interview on www.cantos.com/company/barclays, John
Varley, Group Chief Executive, says: "I think the headline is more income,
more profit and less risk."

Mr Varley and Barclays President Bob Diamond waived their rights to any
bonuses of any kind for 2009. In the interview the Bank CEO admits: "Banker's
pay is a matter of intense interest and I would say intense concern." He goes
on to say that banks and bankers should "recognise why it's a matter of
concern and behave accordingly."

Mr Varley re-asserts his belief that big banks can be successful. He
expresses confidence that Barclays will generate substantial profits in 2010
and while he believes the economic outlook is fragile, it is also more
stable.

The interview and transcript are available now on www.cantos.com.

Cantos.com, the online financial broadcaster, features in-depth
interviews, documentaries and webcasts with senior company executives. If you
would like to contact us, please email amanda.alexander@cantos.com or phone
+44-207-936-1352.

If you would like to contact us, please email amanda.alexander at cantos.com or phone +44-207-936-1352.