Barclays Capital Continues Brazil Expansion with Appointment of Ana Cabral-Gardner as Managing Director in Investment Banking

NEW YORK, NY/SÃO PAULO, BRAZIL (June 30, 2010) – Barclays Capital today announced the appointment of Ana Cabral-Gardner as a Managing Director in the Investment Banking Division, based in the firm’s São Paulo office. In her role, Ms. Cabral-Gardner will focus on delivering the firm’s investment banking products and services to clients in the retail, consumer and healthcare sectors. She reports to Alceu Lima, Head of Investment Banking, Brazil, and President of Banco Barclays in Brazil, and joins Marcus Peixoto and Andre Laloni to expand the firm’s senior investment banking coverage team in Brazil.

"Ana’s appointment is an important step in the continued expansion of our Brazilian investment banking platform and we are pleased to welcome her to the firm,” Mr. Lima said. “The unique experience she has gained from building Brazilian operations for leading global investment banking firms, coupled with her deep client relationships, will greatly contribute to our continued growth.”

Ms. Cabral-Gardner was previously a Managing Director and Head of Latin American Equity Capital Markets at Goldman Sachs, where she helped to establish the firm’s Brazilian operations. Prior to joining Goldman Sachs in 2007, she worked in Credit Suisse’s São Paulo office as the Head of Latin America Equity Capital Markets.

Barclays Capital provides investment banking and capital markets services in Latin America and has local offices in São Paulo, Mexico City and Buenos Aires. Building upon its legacy of debt capital markets and fixed income leadership in the region, Barclays Capital has in recent months expanded its offering in Brazil across equities trading and advisory services. In April of this year, the firm launched equities trading on Brazil’s stock exchange, BM&FBOVESPA through its local broker dealer, Barclays Corretora de Titulos e Valores Mobiliarios. Through its Equity Research business, the firm currently covers approximately 75 companies in Latin America and continues to expand that coverage. The firm also continues to grow its advisory business and has recently advised clients on significant M&A transactions in Brazil.

About Barclays Capital

Barclays Capital is the investment banking division of Barclays Bank PLC. With a distinctive business model, Barclays Capital provides large corporate, government and institutional clients with a full spectrum of solutions to their strategic advisory, financing and risk management needs.

Barclays Capital has offices around the world, employs over 23,000 people and has the global reach, advisory services and distribution power to meet the needs of issuers and investors worldwide. For further information about Barclays Capital, please visit our website www.barclayscapital.com.