12th Oct 2007 13:48
Barclays PLC12 October 2007 12 October 2007 BARCLAYS PLC At the EGM on 14 September 2007 Barclays stated that Barclays Capital tradedprofitably in each of July and August and set out an expectation that it willcontinue to do so for the rest of 2007. Barclays also stated that BarclaysWealth and Barclays Global Investors were performing in line with expectations. Commenting ahead of scheduled investor visits, Bob Diamond, Barclays President,stated: "Year to date performance through September at Barclays Capital,Barclays Global Investors and Barclays Wealth was strong with income and profitswell ahead of last year. At Barclays Capital, September profits weresubstantially ahead of July and August. I continue to expect profitable tradingfor the rest of 2007". Barclays will deliver its normal trading update on 27 November 2007. For further information please contact Investor Relations Media RelationsMark Merson/John McIvor Alistair Smith+44 (0) 20 7116 5752/2929 +44 (0) 20 7116 6132 Forward Looking Statements This document contains certain forward-looking statements within the meaning ofSection 21E of the US Securities Exchange Act of 1934, as amended, and Section27A of the US Securities Act of 1933, as amended, with respect to certain of theGroup's plans and its current goals and expectations relating to its futurefinancial condition and performance. These forward-looking statements can beidentified by the fact that they do not relate only to historical or currentfacts. Forward-looking statements sometimes use words such as 'aim','anticipate', 'target', 'expect', 'estimate', 'intend', 'plan', 'goal','believe', or other words of similar meaning. Examples of forward-lookingstatements include, among others, statements regarding the Group's futurefinancial position, income growth, impairment charges, business strategy,projected levels of growth in the banking and financial markets, projectedcosts, estimates of capital expenditures, and plans and objectives for futureoperations. By their nature, forward-looking statements involve risk anduncertainty because they relate to future events and circumstances, including,but not limited to, the further development of standards and interpretationsunder International Financial Reporting Standards (IFRS) applicable to past,current and future periods, evolving practices with regard to the interpretationand application of standards under IFRS, as well as UK domestic and globaleconomic and business conditions, market related risks such as changes ininterest rates and exchange rates, the policies and actions of governmental andregulatory authorities, changes in legislation, progress in the integration ofAbsa into the Group's business and the achievement of synergy targets related toAbsa, the outcome of pending and future litigation, the success of futureacquisitions and other strategic transactions and the impact of competition - anumber of which factors are beyond the Group's control. As a result, the Group'sactual future results may differ materially from the plans, goals, andexpectations set forth in the Group's forward-looking statements. Any forward-looking statements made by or on behalf of Barclays speak only as ofthe date they are made. Barclays does not undertake to update forward-lookingstatements to reflect any changes in Barclays expectations with regard theretoor any changes in events, conditions or circumstances on which any suchstatement is based. The reader should, however, consult any additionaldisclosures that Barclays has made or may make in documents it has filed or mayfile with the SEC. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Barclays