Barclays and Miles & More Launch the Miles & More Mastercard for Lufthansa's Global U.S. Travelers

    WILMINGTON, Del., Oct. 22 /PRNewswire-FirstCall/ -- Barclays (NYSE:  
 BCS) and Miles & More, the frequent flyer program of Lufthansa, today
 announced the new Miles & More(R) MasterCard(R) for Lufthansa's U.S.
 customers. The card combines the spending power and amenities of a Barclays
 World MasterCard with the prestige and member benefits of Miles & More,
 Europe's largest frequent flyer program, to please even the most discerning
 world traveler. Consumers can now apply for the card at
 http://www.barclaycardus.com/milesandmore/.
     "Without question, Lufthansa is one of the best known and most
 respected global airlines whose prestige and sophistication calls for a
 rewards credit card with a higher standard of amenities and services," said
 Lloyd M. Wirshba, CEO of Barclays U.S. credit card business. "Barclays
 global financial services expertise makes us the perfect partner for a
 global airline like Lufthansa, and we're proud to add them to our growing
 portfolio of co-branded airline partners."
     "The U.S. is one of our most important markets, which is why we've
 partnered with Barclays, one of the fastest-growing card issuers in
 America, to re-launch our Miles & More credit card program in the U.S.,"
 said Carsten Schaeffer, Managing Director, Miles & More International GmbH.
 "We are delighted to enter into this new partnership with Barclays and
 welcome them to our global family of Miles & More credit card issuers."
     "We're constantly looking at ways to surpass our U.S. customers'
 expectations when it comes to airline cardmembership, and have designed the
 Miles & More MasterCard to fit the needs and realities of today's global
 traveler -- with a real focus on service and conveniences," added Marcus
 Casey, Lufthansa Director of Marketing and Customer Relations, The
 Americas.
     Travelers who apply for the Miles & More MasterCard can choose from one
 of two card options that best suit their lifestyle or travel needs.
     Those who desire a higher level of amenities, convenience, services and
 rewards can choose the Premier Miles & More World MasterCard, which
 features complementary World MasterCard concierge service offering
 travelers personalized recommendations and reservations assistance for
 dining, travel and entertainment needs. The Premier Miles & More World
 MasterCard ($79 annual fee) features:
     -- 20,000 bonus miles after the first purchase
     -- The ability to earn up to 15,000 additional bonus miles for balance
        transfers
     -- Two miles for every dollar spent on any Lufthansa or other Miles & More
        integrated airline partner ticket purchase
     -- One mile for every dollar spent on all other purchases
     -- No mileage expiration
     -- Annual companion ticket*
     -- Complementary World MasterCard concierge service
     -- Reduced rate foreign-exchange fee (one percent)
     -- Access to more than 500 airport lounges worldwide with Airport Lounge
     -- Access by Priority Pass(TM)
     -- No annual fee for Miles & More Senator and HON Circle Members
     Cardmembers opting for the Miles & More World MasterCard will enjoy a
 lower annual fee ($59) while still receiving many top-notch Miles & More
 and World MasterCard benefits, including:
     -- 15,000 bonus miles after the first purchase
     -- No mileage expiration
     -- The ability to earn up to 10,000 additional bonus miles for balance
        transfers
     -- One mile for every dollar spent on all purchases
     -- Annual companion ticket *
     -- Reduced rate foreign-exchange fee (one percent)
     -- No annual fee for Miles & More Senator and HON Circle Members
 
     *  Certain terms and conditions apply. Visit http://www.miles-and-more.com
        for full details.
     About Lufthansa and Miles & More
     Lufthansa ranks among the top ten airlines in the world in terms of
 size, and is the second-largest European airline, serving 416 destinations
 in more than 98 countries, including *20 North American gateways. In
 November 2006, Forbes magazine named Lufthansa the "Third Most Reputable
 Company in the world." Since its U.S. launch in 1993, the Miles & More
 program has more than 1.5 million U.S. members and over 14 million
 worldwide. Travelers earn miles flying with Lufthansa, Swiss, any Star
 Alliance member airline or other airline partners, as well as through hotel
 stays, car rental bookings, shopping via the online mall at
 shopmilesandmore.com and Miles & More credit card partners. Adria Airways,
 Aegian Airlines, Air Dolomiti, Air One, Austrian, Croatia Airlines, LOT
 Polish Airlines and SWISS customers are integrated partners of the Miles &
 More program. For more information, or to enroll in Miles & More, visit
 http://www.lufthansa.com.
     * effective October 30, 2007
     About Barclays PLC
     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. It is one of the largest
 financial services companies in the world by market capitalization. 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 25 million customers and clients
 worldwide. For further information about Barclays, please visit our website
 http://www.barclays.com.
     Headquartered in Wilmington, DE, Barclays U.S. credit card business has
 more than 50 partnerships with some of the country's most successful
 travel, entertainment, retail and financial institutions including US
 Airways, Lufthansa, Barnes & Noble, Best Western, BJ's Wholesale Club,
 Travelocity and Carnival Cruise Lines. The company employs more than 1,400
 associates in Wilmington and Colorado Springs, CO, and was named a Top
 Employer in Delaware in 2007. For more information please visit
 www.barclaycardus.com.
 
 

SOURCE Barclays