Corporate Action

Royal Bank of Scotland Group PLC
25 April 2000

CAPITALISATION ISSUE
SECURITY TITLE
*Ord Shs
MNEMONIC CODE        *RBOS
SEDOL CODE           *754-783
TERMS                *The Company has announced all Shareholders will receive
                      their additional value Shares in July following an EGM in 
                     June.
                      Its intention, to make a Bonus issue of Additional Value
                      Shares of 1p to all its Ord Shareholders on a 1 for 1 
                      basis.
DEALINGS COMMENCE NEW SHARES *Info N/av
PROVISIONAL EX DATE  * Info N/av
RECORD DATE          *Info N/av
NOTES *Awaiting confirmation of all dates.  Subject to EGM.