FRN Variable Rate Fix- Amendment

Royal Bank of Scotland Group PLC
                  

The following replaces the 'FRN Variable Rate Fix' announcement issued today at
16:18 BST.

The 'Determined' date should read '27-Mar-2006' and NOT '28-Dec-2005' as
previously stated.

All other details remain unchanged. The full, corrected text follows:

ROYAL BANK OF SCOTLAND PLC - FRN Variable Rate Fix

LONDON--March 27, 2006


As Agent Bank, please be advised of the following rate determined on:27-Mar-2006

Issue               : Royal Bank of Scotland - Series 60
                      £150,000,000 (MTN) FRN Perpetual
ISIN Number         : XS0074797357
Common Code/
144A ISIN           : 74797357
Issue Nomin     GBP : 150,000,000.00
Period              : 27-Mar-2006 to 26-Jun-2006       Payment Date 26-Jun-2006
Number of Days      : 91
Rate                : 5.09
Denomination    GB  : 100,000.00
Amount Payable 
per Denomination    : 1,269.01

Institutional       Telephone   [phone]
Trust Services      Facsimile   44(0) 1202 34 1267