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(a) Emoluments include amounts, if any, payable by subsidiary undertakings and by other companies where services are
undertaken at the Group’s request.
(b) The Chairman and executive Directors receive benefits in kind, which may include the use of a company owned vehicle,
housing allowance, medical health insurance and beneficial loans, on similar terms to other senior executives.
(c) The amounts shown for ESAS 2000 represent payments which are expected to be made to the trustee of ESAS to fund the
provisional allocation of shares in 2001, including a maximum potential 30% bonus share element. Refer to page 70 for further
details about ESAS.
(d) Sir Peter Middleton receives pension payments through the Barclays Bank Retirement Plan. Details of the payments are not
included since the amounts do not relate to his current duties.
(e) Mr Stewart’s salary, benefits and bonus are the amounts paid in respect of his services since his appointment as a Director
on 25th October 2000.
(f) Fees to non–executive Directors (with the exception of Sir Andrew Large) include an amount of not less than £7,500 which,
after tax, is used to buy Barclays PLC ordinary shares for each non–executive Director. Further details of the scheme are outlined
on page 67.
(g) Mary Baker retired from the Board on 31st December 2000.
(h) Sir Brian Jenkins and Mr Russell’s fees are the amounts paid in respect of services since their appointment as non–executive
Directors on 25th October 2000.
(i) The Group agreed with Mr Allvey that he would resign from the Board and from his position as Finance Director on
9th November 2000 and that his employment would be terminated as at 31st December 2000. Mr Allvey received
compensation in accordance with the terms of his contract of employment of £1,615,000 in respect of salary, bonus
and pension contributions, plus outplacement support to a maximum of £15,000.
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