Directors' Notification of Dealing in Shares(s)

Royal Bank of Scotland Group PLC
25 August 2000



Schedule 11 - Notification of interests of Directors and Connected Persons

1   Name of company:
The Royal Bank of Scotland Group plc

2   Name of director:
Mr Iain Samuel Robertson

3   Please state whether notification indicates that it is in respect of     
holding of the director named in 2 above or holding of that person's spouse or
children under the age of 18 or in respect of a non- beneficial interest:
Self

4   Name of registered holder(s) and, if more than one holder, the number of 
shares held by each of them (if notified):
Mr Iain Samuel Robertson

5   Please state whether notification relates to a person(s) connected with  
the director named in 2 above and identify the connected person(s):
Self

6   Please state the nature of the transaction. For PEP transactions please  
indicate whether general/single co PEP and if discretionary/non discretionary:
Exercise of Executive Share Option Scheme options, 1996 and 1997 grants and
sale of shares

7   Number of shares/amount of stock acquired:
169,270

8   Percentage of issued class:
-

9   Number of shares/amount of stock disposed:
169,270

10  Percentage of issued class:
-

11  Class of security:
Ordinary shares of 25p each

12  Price per share:
£13.38

13  Date of transaction:
23 August 2000

14  Date company informed:
24 August 2000

15  Total holding following this notification:
112,747

16  Total percentage holding of issued class following this notification:
-

If a director has been granted options by the company, please complete the
following fields:

17  Date of grant:
7 June 1996 and 14 August 1997

18  Period during which or date on which exercisable:
7 June 1999 to 6 June 2006 and 14 August 2000 to 13 August 2007

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

20  Description of shares or debentures involved: class, number:
Ordinary shares of 25p each

21  Exercise price (if fixed at time of grant) or indication that price is to
be fixed at time of exercise:
1996 Grant £4.96   1997 Grant £5.58

22  Total number of shares or debentures over which options held following
this notification:
268,554

23  Contact name for queries:
Mr Hew Campbell, Head of Group Secretariat

24  Contact telephone number:
0131 523 4711

25  Name of company official responsible for making notification:
Mr Hew Campbell, Head of Group Secretariat


Additional Information: