NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS IN ACCORDANCE WITH DTR 3.1.4R AND DTR 3.1.2R
1. Name of the issuer
The Royal Bank of Scotland Group plc
2. Name of person discharging managerial responsibilities/director
Paul Robert Geddes
3. Indicate whether the notification is in respect of a holding of the person referred to in 2 above or in respect of a non-beneficial interest
In respect of a holding of the person referred to in 2
4. Description of shares (including class), debentures or derivatives or financial instruments relating to shares
Ordinary shares of £1.00
5. Name of registered shareholder(s) and, if more than one, the number of shares held by each of them
Computershare Nominee Service Account - 19,008 ordinary shares
6. State the nature of the transaction
· Exercise of cash equivalent nil-cost share option over 75,176 ordinary shares under The Royal Bank of Scotland Group plc 2001 Medium-term Performance Plan on 3 August 2012 based on a price of £2.16 per share, the proceeds of which will be subject to relevant taxes.
· Sale of 19,008 ordinary shares on 3 August 2012 at a price of £2.1375 per share
7. Number of shares, debentures or financial instruments relating to shares disposed
19,008
8. Date issuer informed of transaction
3 August 2012
9. Name of contact and telephone number for queries
Group Media Relations - +44(0)131 523 4205
Name and signature of duly authorised officer of issuer responsible for making notification
Jan Cargill, Deputy Secretary
Date of notification - 6 August 2012