Holding(s) in Company

Royal Bank of Scotland Group PLC
03 February 2003

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

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

2. Name of shareholder having a major interest
Legal & General Group Plc

3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18
Legal & General Group Plc

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

HSBC Global Custody Nominee (UK) Ltd A/c 914945                                                    373,307
HSBC Global Custody Nominee (UK) Ltd A/c 775180                                                    107,825
HSBC Global Custody Nominee (UK) Ltd A/c 775210                                                     96,432
HSBC Global Custody Nominee (UK) Ltd A/c 775229                                                    161,879
HSBC Global Custody Nominee (UK) Ltd A/c 886603                                                  6,124,651
HSBC Global Custody Nominee (UK) Ltd A/c 775245                                                 13,382,584
HSBC Global Custody Nominee (UK) Ltd A/c 130007                                                    309,503
HSBC Global Custody Nominee (UK) Ltd A/c 770286                                                    345,206
HSBC Global Custody Nominee (UK) Ltd A/c 357206                                                 68,206,544
HSBC Global Custody Nominee (UK) Ltd A/c 866203                                                  3,931,755
HSBC Global Custody Nominee (UK) Ltd A/c 904332                                                    245,240
HSBC Global Custody Nominee (UK) Ltd A/c 916681                                                    152,600
HSBC Global Custody Nominee (UK) Ltd A/c 754612                                                    479,436
HSBC Global Custody Nominee (UK) Ltd A/c 361602                                                     38,513
HSBC Global Custody Nominee (UK) Ltd A/c 282605                                                  1,920,235
HSBC Global Custody Nominee (UK) Ltd A/c 360509                                                  2,831,371
HSBC Global Custody Nominee (UK) Ltd A/c 766793                                                     54,614

Total                                                                                           98,761,695

5. Number of shares / amount of stock acquired
n/a

6. Percentage of issued class
n/a

7. Number of shares / amount of stock disposed
n/a

8. Percentage of issued class
n/a

9. Class of security
Ordinary Shares

10. Date of transaction
n/a

11. Date company informed
3 February 2003

12. Total holding following this notification
98,761,695

13. Total percentage holding of issued class following this notification
3.40%

14. Any additional information
n/a

15. Name of contact and telephone number for queries
Hew Campbell, Head of Group Secretariat 0131 523 2002

16. Name and signature of authorised company official responsible for making
this notification
Hew Campbell, Head of Group Secretariat 0131 523 2002

Date of notification
3 February 2003

The FSA does not give any express or implied warranty as to the accuracy of this
document or material and does not accept any liability for error or omission.
The FSA is not liable for any damages (including, without limitation, damages
for loss of business or loss of profits) arising in contract, tort or otherwise
from the use of or inability to use this document, or any material contained in
it, or from any action or decision taken as a result of using this document or
any such material.


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