Director/PDMR Shareholding

Royal Bank of Scotland Group PLC
03 April 2007




NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY OR CONNECTED PERSONS

This form is intended for use by an issuer to make a RIS notification required
by DR 3.1.4R(1).

(1)
      An issuer making a notification in respect of a transaction
      relating to the shares or debentures of the issuer should complete
      boxes 1 to 16, 23 and 24.
(2)   An issuer making a notification in respect of a derivative
      relating to the shares of the issuer should complete boxes 1 to 4,
      6, 8, 13, 14, 16, 23 and 24.
(3)   An issuer making a notification in respect of options granted to a
      director/person discharging managerial responsibilities should
      complete boxes 1 to 3 and 17 to 24.
(4)   An issuer making a notification in respect of a financial
      instrument relating to the shares of the issuer (other than a
      debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16,
      23 and 24.


Please complete all relevant boxes in block capital letters.

1. Name of the issuer

The Royal Bank of Scotland Group plc


2. State whether the notification relates to (i) a transaction notified in
accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in
accordance with section 324 (as extended by section 328) of the Companies Act
1985; or (iii) both (i) and (ii)

i

3. Name of person discharging managerial responsibilities/director

John Napier Allan


4. State whether notification relates to a person connected with a person
discharging managerial responsibilities/director named in 3 and identify the
connected person

N/A


5. Indicate whether the notification is in respect of a holding of the person
referred to in 3 or 4 above or in respect of a non-beneficial interest

In respect of a holding of the person referred to in 3


6. Description of shares (including class), debentures or derivatives or
financial instruments relating to shares

Ordinary shares of £0.25


7. Name of registered shareholders(s) and, if more than one, the number of
shares held by each of them

John Napier Allan


8 State the nature of the transaction

Exercise of The Royal Bank of Scotland Group plc, Option 2000 Scheme - 2001 Grant


9. Number of shares, debentures or financial instruments relating to shares
acquired

150


10. Percentage of issued class acquired (treasury shares of that class should
not be taken into account when calculating percentage)

-


11. Number of shares, debentures or financial instruments relating to shares
disposed

150


12. Percentage of issued class disposed (treasury shares of that class should
not be taken into account when calculating percentage)

-


13. Price per share or value of transaction

Exercise price £15.63 Sale price £19.81


14. Date and place of transaction

3 April 2007


15. Total holding following notification and total percentage holding following
notification (any treasury shares should not be taken into account when
calculating percentage)

274,749


16. Date issuer informed of transaction

3 April 2007


If a person discharging managerial responsibilities has been granted options by
the issuer complete the following boxes

17 Date of grant

-

18. Period during which or date on which it can be exercised

-

19. Total amount paid (if any) for grant of the option

-

20. Description of shares or debentures involved (class and number)

-

21. Exercise price (if fixed at time of grant) or indication that price is to be
fixed at the time of exercise

-

22. Total number of shares or debentures over which options held following
notification

-

23. Any additional information

-

24. Name of contact and telephone number for queries

Hew Campbell, Head of Group Secretariat

0131 626 4099


Name and signature of duly authorised officer of issuer responsible for making
notification

Hew Campbell, Head of Group Secretariat


Date of notification

3 April 2007





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