Barclays Selects Paisley Enterprise GRC™ for Global Internal Audit

Minneapolis, Minn. — December 20, 2007 — Barclays PLC has chosen Paisley Enterprise GRC™ to manage its global internal audit work flow and related processes. Paisley was selected for its market-leading position in integrated governance, risk and compliance (GRC), and its proven track record delivering best-in class internal audit software to large enterprise organisations.

"Paisley Enterprise GRC includes the specific functionality we require to automate and streamline internal audit business processes across our global locations," said Laurie Mayers, COO, Barclays Internal Audit. "The enhanced Paisley Enterprise GRC system will enable us to further enhance the efficiency and transparency of our audit planning, execution, follow up and reporting processes throughout the organisation."

Barclays is one of the largest financial services companies in the world. The Group is engaged in retail and commercial banking, credit cards, investment banking, wealth management and investment management services and has an extensive international presence in Europe, the USA, Africa and Asia.

"Paisley continues to be recognized in the marketplace as the leader in governance, risk and compliance, including internal audit management," said Tim Welu, CEO of Paisley. "We are encouraged by the strong demand from global organisations such as Barclays looking to address internal audit and other governance, risk and compliance requirements in a consistent and transparent way."

Paisley Enterprise GRC includes purpose-built components for the full spectrum of governance, risk and compliance requirements. The software includes components for financial controls management, operational risk management (ORM), enterprise risk management (ERM), audit management, IT governance and compliance.

About Paisley
Paisley is an industry-leading software vendor that provides solutions for governance, risk and compliance including financial controls management, internal audit, operational risk management, compliance, IT governance and enterprise risk management. For more than a decade, Paisley has delivered superior software and services to both large enterprise and mid-market organizations. Governance, risk and compliance software has always been and continues to be the company's focus.

Leveraging industry best practices, standards-based technology, and a choice of software platforms and deployment options, Paisley customers are empowered to improve the accuracy, consistency and efficiency associated with internal audit, financial controls management, enterprise risk management, operational risk management, IT governance and compliance initiatives. Developed for companies of every size and across multiple industries, Paisley's solutions enable organizations to streamline governance, risk and compliance processes, reduce costs of compliance, manage and mitigate risks, and provide visibility, oversight and assurance.

For more information, call 320.286.5870, email info@paisley.com or visit www.paisley.com.

About Barclays
Barclays is a major global financial services provider engaged in retail and commercial banking, credit cards, investment banking, wealth management and investment management services with an extensive international presence in Europe, the USA, Africa and Asia. It is one of the largest financial services companies in the world by market capitalisation.

With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs over 127,000 people. Barclays moves, lends, invests and protects money for over 27 million customers and clients worldwide.