Div Declaration - Replacement

Royal Bank of Scotland Group PLC
26 April 2001

THE ROYAL BANK OF SCOTLAND GROUP plc



The issuer has made the following amendment to the announcement released on 25
April 2001 at 16:48 RNS No 6360C

DIVIDEND ON 11 PER CENT AND 5.5 PER CENT CUMULATIVE PREFERENCE SHARES FOR THE
HALF YEAR TO 31 MARCH 2001

The record date has been amended to 4 May 2001 from 8 May 2001. The amended
text reads:

The Directors have declared a half-yearly dividend on the 11 per cent and 5.5
per cent cumulative preference shares of £1. The dividend will be paid on 31
May 2001 at the rate of 5.5 per cent and 2.75 per cent respectively and will
be paid to those preference shareholders on the register at the close of
business on 4 May 2001.





26 April 2001



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