Bonus Issues (Blocklisting)

Royal Bank of Scotland Group PLC
26 April 2007



The Royal Bank of Scotland Group plc
Bonus Issue

26 April 2007

The Royal Bank of Scotland Group plc announces that it has applied to the London
Stock Exchange and the UK Listing Authority to increase, as a result of a two
for one Bonus Issue, which is expected to take effect on 8 May 2007, the
approved but unallotted shares held under existing blocklistings in respect of
the following Royal Bank of Scotland Group plc employee share schemes:

  Scheme         Current Balance          Increase      Revised Balance
              (Ordinary Shares of 25     Applied for
                      pence)

                                          (Ordinary        (Ordinary
                                        Shares of 25     Shares of 25
                                           pence)           pence)

The Royal
Bank
of Scotland
Group plc
1997                     12,819,588       25,639,176       38,458,764
Sharesave
Scheme

The Royal
Bank
of Scotland
Group plc
1999
Executive                 7,967,395       15,934,790       23,902,185
Share
Option
Scheme

The 1999
NatWest
Group
Sharesave                 2,134,657        4,269,314        6,403,971
Scheme

The
National
Westminster
Bank plc
1994
Executive                 1,048,596        2,097,192        3,145,788
Share
Option
Scheme

The Royal
Bank
of Scotland
Group plc
Option 2000               4,564,800        9,129,600       13,694,400
Scheme

The Royal
Bank
of Scotland
Group plc
Employee
Share
Ownership
Plan
and The
Royal
Bank of
Scotland
Group                     5,229,460       10,458,920       15,688,380
plc
Employee
Share
Ownership
Plan
(Buy As You
Earn Plan)

The First
Active plc
1998 SAYE
Scheme                      247,946          495,892          743,838

The First
Active plc
2001 SAYE
Scheme                      214,923          429,846          644,769

The First
Active plc
1998 Share
Option                      245,218          490,436          735,654
Scheme

The First
Active plc
2002
Approved
Share                       230,884          461,768          692,652
Option
Scheme

The Royal
Bank
of Scotland
Group plc
Medium-term
Performance                 903,944        1,807,888        2,711,832
Plan

The new shares rank pari passu in all respects with the existing ordinary shares
of the Company. Application has been made for the new shares to be admitted to
the Official List and approval of the application is expected on 1 May 2007.

Further copies of this announcement are available at the Company's Offices at 36
St Andrew Square, Edinburgh, EH2 2YB and at the Company Announcement's
Department, The Stock Exchange.



                      This information is provided by RNS
            The company news service from the London Stock Exchange
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