Barnes & Noble Enhances Member Program with New Credit Card; Barnes & Noble and Barclays Team Up to Offer Substantial Savings

NEW YORK--(BUSINESS WIRE)--April 19, 2006--Barnes & Noble, Inc. (NYSE:BKS), the world's largest bookseller and Barclays, introduced today the Barnes & Noble Member MasterCard, a new credit card for customers who are members of the company's loyalty program. The card offers cash savings to Barnes & Noble Members on their purchases in Barnes & Noble stores and at Barnes & Noble.com (www.bn.com). In addition, rewards are earned for purchases made outside of Barnes & Noble. The Member MasterCard benefits include: -- Save an Extra 5% at Barnes & Noble. The Member MasterCard provides an additional cash savings of 5% on virtually every item at Barnes & Noble stores and online at Barnes & Noble.com with the savings being applied as a rebate on the monthly credit card statement. This 5% discount is in addition to the 10% Member discount. -- Earn points for Barnes & Noble Gift Cards. Members earn one Reward Point for every dollar charged when shopping outside of Barnes & Noble. Once a Member accumulates 2,500 points, they automatically receive a $25 Barnes & Noble gift card, which can be redeemed in any Barnes & Noble store or online at Barnes & Noble.com. -- Free $25 Gift Card. Members receive a free $25 Barnes & Noble gift card after their first purchase on their Member MasterCard. "We are delighted to provide our Members with one of the best credit card reward programs ever offered by any retailer," said Marie Toulantis, chief executive officer of Barnes & Noble.com. "The combination of the existing benefits of our Member program, with the additional value provided by the Member MasterCard, will enable our Members to save even more when shopping at Barnes & Noble." "By partnering with one of the leading brands in America, we have created a credit card with unique characteristics, tailored exclusively for Barnes & Noble Members," said Ben Brake, managing director of marketing at Barclays US credit card operations. The Member MasterCard has no annual fee and offers competitive rates and terms. Customers can apply for the new card both in Barnes & Noble stores and online at Barnes & Noble.com. Extensive marketing and promotional programs are planned. About Barnes & Noble, Inc. Barnes & Noble, Inc. (NYSE: BKS), the world's largest bookseller and a Fortune 500 company, operates 799 bookstores in 50 states. For the fourth year in a row, the company is the nation's top retail brand for quality, according to the EquiTrend(R) Brand Study by Harris Interactive(R). Barnes & Noble conducts its online business through Barnes & Noble.com (www.bn.com), one of the Web's largest e-commerce sites and the number one online bookseller for quality among e-commerce companies, according to the latest EquiTrend survey. General information on Barnes & Noble, Inc. can be obtained via the Internet by visiting the company's corporate Web site: http://www.barnesandnobleinc.com. About Barclays Barclays PLC is major global financial services provider engaged in retail and commercial banking, credit cards, investment banking, wealth management and investment management services. We are one of the largest financial services companies in the world by market capitalization. Operating in over 60 countries and employing over 113,000 people, we move, lend, invest and protect money for over 25 million customers and clients worldwide. With over 300 years of history and expertise in banking, Barclays PLC has six major businesses. UK Banking delivers banking products and services to over 14 million retail customers and 775,000 businesses in the UK. Barclaycard is one of the leading credit card businesses in Europe, and has 17 million cards in issue. Barclays Capital, the investment banking division, provides corporate, institutional and government clients with solutions to their financing and risk management needs. Barclays Global Investors is one of the world's largest asset managers and a leading provider of investment management products and services. Wealth Management has over 580,000 affluent and high net worth clients. International Retail and Commercial Banking is our global retail and commercial banking operation, with over 2 million international clients, in geographies which currently include the Caribbean, France, Spain, Portugal, Italy, Africa and the Middle East. Contacts Barnes & Noble, Inc. Corporate Communications Carolyn J. Brown, 212-633-4062 or SparkPR for Barclays Donna Sokolsky, 415-962-8200 donna@sparkpr.com