Directorate Change

Royal Bank of Scotland Group PLC
23 June 2005

The Royal Bank of Scotland Group plc

Executive Changes

Mr Fred Watt, Group Finance Director, The Royal Bank of Scotland Group plc
('RBS') announces his intention to leave the Group later in the year.

Commenting on his decision, Mr Watt said:

'When you are working for a great organisation, with great people, it's never
easy to make the decision to leave and I know that I will miss them. However, I
have a very young family and consider myself very fortunate to be able to make a
choice to spend more time with them. I can't put their growing up on hold - my
family is my number one priority.'

'Not many people have had the opportunity to work in an organisation that has
gone through such a major transformation in such a short period of time. I feel
privileged to have been part of RBS during this exciting time and have very much
enjoyed working so closely with Fred and the rest of the team.'

Commenting on Mr Watt's decision, Sir Fred Goodwin, Group Chief Executive, said:

'Fred has made an outstanding contribution as Group Finance Director since
joining in 2000. I will miss him as a colleague, but will retain him as a
friend. I fully respect his decision and the reasons for it: I'll be sad to see
him go, as will the rest of the Board.'



Contacts:

Howard Moody

Group Director, Communications

0131 523 2056

Richard O'Connor

Head of Investor Relations

0207 672 1763

23 June 2005


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