NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN OR INTO OR FROM THE UNITED STATES.

The securities mentioned in this announcement have not been and will not be registered under the US Securities Act of 1933, as amended (the 'Securities Act'), or the laws of any state of the United States. Consequently, the securities may not be offered, sold or otherwise transferred within the United States or offered, sold or otherwise transferred to a U.S. person except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state laws. No public offering of the securities is being made in the United States.

2 February 2009 

Lake Acquisitions Limited 

Monthly information statement for January 2009 

The following information is provided by Lake Acquisitions Limited as issuer of the CVRs to which the Nuclear Power Notes are linked, for the sole purpose of satisfying the conditions for admission of the Nuclear Power Notes to the PLUS-quoted market. 

Contribution to Eligible Nuclear Output in respect of January 2009:   3.3 TWh

Month Ahead Price in respect of January 2009:  59.05 GBP/MWh¹

Month Ahead Price in respect of February 2009:  57.56 GBP/MWh²

Investors should note that for the purposes of calculating the Yearly Payment on the CVRs:

• The contribution to Eligible Nuclear Output figures disclosed in each monthly information statement are preliminary figures. The final figure for the Eligible Nuclear Output for the relevant year will be set out in the Payment Calculation Notice, is subject to a cap of 65TWh in any calendar year, and may not be equal to the sum of the contribution to Eligible Nuclear Output figures disclosed in each Monthly Information Statement for the relevant calendar year.

• The Month Ahead Price in respect of January 2009 is not directly relevant to the Yearly Payment on the CVRs for the year ending 31 December 2009, and is given for information only. This is because the Relevant Power Price for the year ending 31 December 2009 is not a function of the Market Power Price (being the simple average of the twelve Month Ahead Prices for each calendar month in 2009), but is fixed at 80GBP/MWh in 31 December 2008 terms inflated at 2.5 per cent. per annum, being 82 GBP/MWh. 

For further details, including in respect of the calculation of the Yearly Payment on the CVRs, please see the prospectus for the Nuclear Power Notes issued by Barclays Bank PLC on 5 November 2008 (Prospectus). 

In this announcement, capitalised terms that are not defined have the meaning set out in the Prospectus.

Contacts: 

Note 1: Source - ICIS Heren European Daily Electricity Markets. In future monthly information statements, the previous month's Month Ahead Price will not be provided

Note 2: Source - ICIS Heren European Daily Electricity Markets