Barclays PLC (BARC.LN), said Friday Barclays Wealth, its promoter, is writing to shareholders to inform that, with effect from September 2, it will charge a fee of up to 0.07% of the net asset value of each fund of the company to cover the cost of providing the services. This is an increase from the current fee of up to 0.03%.

MAIN FACTS:

-The services are a vital component of the efficient running of the company and it believes that the increase is justified due to an increase in the cost in providing the services.

-The company does not expect that the increase will have a material impact on the overall performance of the funds.

 
-By London Bureau, Dow Jones Newswires; Contact Ian Walker; +44 (0)20 7842 9296; ian.walker@dowjones.com