FRN Variable Rate Fix

Royal Bank of Scotland Group PLC
                  

As Agent Bank, please be advised of the following rate determined on:28-Dec-2005

Issue               : Royal Bank of Scotland plc - Series 60
                      GBP 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