Barclays Capital Goes Live in Asia on Reuters Trading for Foreign Exchange Service; Deutsche Bank Signs up for the Service and to Go Live in Q4

Reuters Trading for Foreign Exchange (RTFX) allows banks and theircustomers to trade foreign exchange from their Reuters desktop.Barclays Capital's launch today brings banks, corporate and otherfinancial participants in the Asia region the ability to trade on all68 currency pairs for which Reuters provides a service. BarclaysCapital's move raises the total number of live banks on RTFX to six -with another nine expected to go live by the end of the year.

Gyan Newman, Director, Head of Ecommerce for Asia Pacific atBarclays Capital, commented: "We're pleased to partner with Reuters tooffer clients additional access to our BARX service in Asia, featuringglobal 24-hour FX liquidity from Barclays Capital and access toPrecision Pricing, with up to a 5th decimal place shown."

Barclays Capital is the only bank to offer the Precision Pricingenhancement, via its BARX for FX Trading platform. With PrecisionPricing available on RTFX, Asian clients will have access to higherlevels of transparency and execution efficiency through pricing up toa 5th decimal place in key currency pairs and a 3rd decimal in USD/JPYand EUR/JPY.

RTFX builds on the Reuters established foreign exchange position,helping banks to reduce costs and expand the reach of their prices. Inthe five months since launch, RTFX has over 100 price takers activelytrading on the system around the world.

Mark Robson, Head of Reuters Treasury and Fixed Income services,said: "With Barclays, and Deutsche Bank confirming their support, itis clear now that RTFX is not just another multi-bank portal. Reutersis enabling banks and their customers to gain advantage from ourglobal and unique distribution foot-print, and best-in-classtransactions capabilities. Reuters is now actively working to grow theliquidity and number of transactions on RTFX to ensure that we addvalue to all users of the service, quickly."

RTFX brings financial market professionals the ability to quicklyand securely execute spot and forward FX and manage post tradeprocessing through a single sign-on, utilising Reuters unrivalledglobal desktop footprint in the FX marketplace. This capability issupported by the comprehensive, real time news and powerful analyticsfrom Reuters 3000 Xtra and Reuters Dealing 3000 terminals, at noadditional cost, allowing price takers to effectively manage theirtrading positions.

Reuters desktops are used by more than 350,000 financialprofessionals worldwide. Reuters Dealing 3000 platform is used bynearly 18,000 FX and money market professionals across 4,000organizations to trade FX spot, forwards, options, futures, plusinterest rate and overnight index swaps.

Notes to editors:

Barclays Capital is the investment banking division of BarclaysBank PLC. With a distinctive business model, Barclays Capital provideslarge corporates, government and institutional clients with solutionsto their financing and risk management needs. Barclays Capital has thesupport of an AA rated parent bank with a balance sheet of over GBP560 billion. With offices in 24 countries, the firm employs over 8,000people and has the global reach and distribution power to meet theneeds of issuers and investors worldwide.

In January 2005, Barclays Capital received recognition from two ofthe finance industry's most prestigious publications by being namedIFR magazine's 'Bank of the Year' and Risk magazine's 'DerivativesHouse of the Year'. For further information about Barclays Capital,please visit our website www.barclayscapital.com.

Reuters (www.about.reuters.com), the global information company,provides indispensable information tailored for professionals in thefinancial services, media and corporate markets. Its trustedinformation drives decision making across the globe based on areputation for speed, accuracy and independence. Reuters has 15,300staff in 91 countries, including staff from the acquisition ofMoneyline Telerate in June 2005. It also includes 2,300 editorialstaff in 196 bureaux serving 129 countries, making Reuters the world'slargest international multimedia news agency. In the 2004 ReutersGroup revenues, including those of Instinet Group, were GBP 2.9billion. From July 2005, Instinet Group is being treated as adiscontinued operation in the profit and loss account.

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