FRN Variable Rate Fix

Royal Bank of Scotland Group PLC
                  

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

Issue               : Royal Bank of Scotland plc - Series 596
                      GBP8,000,000 FRN Due 27/Jun 2007
ISIN Number         : XS0161384952
Common Code/
144A ISIN           : 16138495
Issue Nomin     GBP : 8,000,000.00
Period              : 27-Mar-2006 to 27-Jun-2006     Payment Date 27-Jun-2006
Number of Days      : 92
Rate                : 4.44
Denomination    GB  : 10,000.00
Amount Payable 
per Denomination    : 111.91

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