Barclays PLC - Acquisition

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Mon Mar 31, 2008 7:57am EDT 

RNS Number:1716R
Barclays PLC
31 March 2008


                                                                   31 March 2008


                                  BARCLAYS PLC

      Barclays completes acquisition of Discover's UK credit card business

Further to its announcement on 7th February 2008, Barclays Bank PLC ("Barclays")
has today completed the acquisition of Discover's UK credit card business.


                                    - ENDS -


For further information please contact

Investor Relations                                 Media Relations

Mark Merson                                        Alistair Smith (Barclays)

+44 (0) 20 7116 5752                               +44 (0) 20 7116 6132

John McIvor                                        James Cooke (Barclaycard)

+44 (0) 20 7116 2929                               +44 (0) 1604 251 229


About Barclays

Barclays PLC is a major global financial services provider engaged in retail and
commercial banking, credit cards, investment banking, wealth management and
investment management services. With over 300 years of history and expertise in
banking, Barclays operates in over 50 countries and employs 135,000 people, We
move, lend, invest and protect money for over 27 million customers and clients
worldwide. For further information about Barclays, please visit our website
www.barclays.com

About Barclaycard

Barclaycard is a multi-brand credit card and loans business which also processes
card payments for retailers and merchants and issues credit and charge cards to
corporate customers and the UK Government. It is one of Europe's leading credit
card businesses and has an increasing presence in the United States.

In the UK, Barclaycard comprises Barclaycard, Sky Card, Thomas Cook and Argos
branded credit cards and FIRSTPLUS secured lending. Barclaycard also manages
card operations on behalf of Solution Personal Finance.

Outside the UK, Barclaycard provides credit cards in the United States, Germany,
Spain, Italy, Portugal, India, the United Arab Emirates and Africa. In the
Nordic region, Barclaycard operates through Entercard, a joint venture with
ForeningsSparbanken (Swedbank).

Key facts:

Number of UK card customers: 10.1m

Barclaycard International cards in issue: 8.8m

Number of Barclaycard Business retailer/merchant relationships: 93,000


                      This information is provided by RNS
            The company news service from the London Stock Exchange

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