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Summary Remuneration Report
What did Directors earn in 2005?
The aggregate emoluments and other benefits of the Directors of Barclays PLC are set out below.

           
  ‘FIXED'   ‘AT RISK'
      Performance bonus PSP
      (Maximum) Fair Value
  Base salary   Cash   Shares (Maximum)
Chief Executive and        
typical executive Director 20%   37.5% 12.5% 30%
Robert E Diamond Jr 2%   49% 16% 33%


PSP Performance Scale
     
Barclays TSR ranking in the peer group of 12(a)   Multiplier applying to the initial allocation
 
1st place   3 x initial allocation
2nd place   2.5 x initial allocation
3rd place   2 x initial allocation
4th place   1.5 x initial allocation
5th place   1.25 x initial allocation
6th place   1 x initial allocation
7th or below   Zero


Note
  • The peer group for the 2005 PSP is HBOS, HSBC, Lloyds TSB, RBS, ABN Amro, BBVA, BNP Paribas, Deutsche Bank, UBS, Citigroup and JP Morgan Chase.
     
  2005 2004
  £000 £000
Number of Directors – 18 (2004: 18)    
Aggregate emoluments 17,300 16,229
Gains made on the exercise of share options 345 928
Amounts paid under long-term incentive schemes
Actual pension contribution to money purchase schemes (2005: two Directors and 2004: one Director) 115 115
Notional pension contributions to money purchase schemes (2005: no Directors and 2004: one Director) 990
Four Directors are accruing retirement benefits under a defined benefit scheme (2004: four Directors).