Press Release: Barclays Bank PLC Partners with PGP Corporation to Safeguard Sensitive Customer and Corporate Information

Enterprise-Wide Key Management Proves Critical to Delivering Next-Generation Enterprise Data Protection

London and Menlo Park, CA/22 May, 2008 - PGP Corporation, a global leader in enterprise data protection, has today announced a strategic technology partnership with Barclays Bank PLC to safeguard sensitive information across the Retail and Commercial Banking organisation globally. Barclays has selected the PGP® Encryption Platform to form the foundation of its enterprise data protection strategy - securing data across the enterprise in a variety of forms.

As a major global financial services provider operating in over 50 countries and employing some 135,000 people, Barclays sought a manageable solution that could be easily extended to accommodate growth in use of encryption technologies, whilst ensuring regulatory compliance within a complex global marketplace.

"Together with its proven track record in delivering enterprise data protection solutions, the breadth of PGP solutions assured us that it could address a wide variety of encryption needs today, whilst supporting innovation for tomorrow," said Rick Carey, Barclays COO of Global Retail and Commercial Banking Technology. "PGP Corporation's vision in offering a robust, enterprise-wide key management solution was further indication of a forward-thinking organisation, capable of supporting the specific complexities of a regulated global organisation such as Barclays."

As part of the strategic partnership, Barclays will work closely with PGP Corporation to extend its key management solution and further develop the technological offerings to customers and other corporate stakeholders.

"We are very pleased to be working with Barclays on this long-term partnership," said Phil Dunkelberger, President and CEO, PGP Corporation. "By demonstrating its absolute commitment to the security of customer and corporate information, Barclays has cemented its reputation as a genuine leader in enterprise data protection."

About the PGP Encryption Platform
The PGP® Encryption Platform is the enterprise encryption framework and architecture for shared user and key management, policy, and provisioning automated across multiple, integrated encryption applications. Deployed with the first centrally managed encryption application, the PGP Encryption Platform can be quickly adapted to meet evolving audit, compliance, and data security requirements. The PGP Encryption Platforms reduces operational costs as organizations deploy additional encryption applications, eliminating redundant training, management, and support requirements. PGP Encryption Platform-enabled applications from PGP Corporation and third-party vendors allow organizations to deploy automated encryption as needed with the data security functions required. This data-centric approach protects data in motion and in transit anywhere, anytime.

About Barclays Bank PLC
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.
With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs 135,000 people.
Barclays moves, lends, invests and protects money for over 30 million customers and clients worldwide.
For further information about Barclays, please visit our website at www.barclays.com.

About PGP Corporation:
PGP Corporation is a global leader in email and data encryption software for enterprise data protection. Based on a unified key management and policy infrastructure, the PGP Encryption Platform offers the broadest set of integrated applications for enterprise data security. PGP® platform-enabled applications allow organisations to meet current needs and expand as security requirements evolve for email, laptops, desktops, instant messaging, smart phones, network storage, file transfers, automated processes, and backups.

PGP solutions are used by more than 80,000 enterprises, businesses, and governments worldwide, including 95 percent of the Fortune 100, 75 percent of the Fortune Global 100, 87 percent of the German DAX Index, and 51 percent of the UK FTSE 100 Index. As a result, PGP Corporation has earned a global reputation for innovative, standards-based, and trusted solutions. PGP solutions help protect confidential information, secure customer data, achieve regulatory and audit compliance, and safeguard companies' brands and reputations. Contact PGP Corporation at www.pgp.com


Media contacts:
PGP Corporation
Jacqui Depares / Richard Scarlett
Johnson King
020 7401 7968
pgpteam@johnsonking.co.uk

Tom Rice
Merritt Group
+1 703 856 2218
rice@merrittgrp.com

Barclays Bank PLC
Phillippa-Jane Vermoter
Media Relations Manager
Barclays Global Retail and Commercial Banking
+44 (0)20 7116 7226
phillippa-jane.vermoter@barclays.com

Legal Notice Regarding Forward-Looking Statements
Some of the statements in this press release are forward-looking, including statements regarding the availability, plans, delivery, goals, development, expected features, expected benefits and competitive position of PGP products implementing or leveraging the PGP technologies. All references made to product feature enhancements, improvements in Platform support or additional functionality are subject to change at PGP Corporation's sole discretion. All future descriptions of PGP technology and products are subject to availability only if PGP Corporation decides to build them and when PGP Corporation decides to make them commercially available. Actual results could differ materially from those expressed in any forward-looking statements. Risks and uncertainties that PGP Corporation faces that could cause results to differ materially include risks associated with any unforeseen technical difficulties or software errors related to the final development and launch of any of PGP Corporation's products; any technological, regulatory, or standards changes in the security, encryption and authentications market which could make PGP Corporation's products less competitive or require feature changes in these products; any slowdown in the adoption by businesses of encryption suites, secure email, Internet technologies or related standard. The forward-looking statements contained in this release are made as of the date hereof, and PGP Corporation does not assume any obligation to update such statements nor the reasons why actual results could differ materially from those projected in such statements.

PGP and the PGP logo are registered trademarks of PGP Corporation. Product and brand names used in the document may be trademarks or registered trademarks of their respective owners. Any such trademarks or registered trademarks are the sole property of their respective owners.