10JS Cred Ag Co 22

RNS No 1049k
BARCLAYS BANK PLC
17th February 1998

                              BARCLAYS BANK PLC
                                      
                PRELIMINARY ANNOUNCEMENT OF RESULTS FOR 1997

The Directors report the following results of the Barclays Bank PLC Group
for the year ended 31st December 1997:

                                 1997    1997   1996    1996
                                   #m      #m     #m      #m

Profit on ordinary 
activities before tax                   1,716          2,306

Tax on profit on ordinary 
activities                                542            620
                                       ------         ------
Profit on ordinary activities 
after tax                               1,174          1,686

Minority interests                 20             22

Preference dividends of the Bank   24             25
                               ------         ------
                                           44             47
                                       ------         ------
Profit attributable 
to Barclays PLC                         1,130          1,639

Dividends payable to Barclays PLC         914          1,260
                                       ------         ------
Profit retained for the 
financial year                            216            379
                                       ======         ======

NOTES

1 The whole of the issued ordinary share capital of the Bank is owned by
  Barclays PLC.

  The Bank also has in issue non-cumulative dollar-denominated preference
  shares, undated capital notes and unsecured loan capital.

2 Profit on ordinary activities before tax includes the Group's income from
  associated undertakings of #16m (1996 #23m).

3 The rates of dividend for preference shares were set out in an
  announcement on 16th January 1998.
  
END

FR TFMRBLLJBBRP

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