Mortgage Securitisation

Royal Bank of Scotland Group PLC 24 August 2006 Royal Bank of Scotland Group plc - Residential Mortgage Securitisation THE ROYAL BANK OF SCOTLAND GROUP PLANS SECURITISATION 24 August 2006 The Royal Bank of Scotland Group (RBSG) is pleased to announce that National Westminster Home Loans Ltd plans to securitise part of its UK residential mortgage loan portfolio under the Group's Arran Residential Mortgage Funding programme. At December 2005 RBSG had an estimated 6% share of the UK mortgage market with key brands being RBS, NatWest, The One Account and First Active (UK). This transaction will securitise NatWest branded mortgages, and follows on from the successful securitisation of a portfolio of £4.75bn of RBS branded mortgages in June 2006. Marketing will take place over the next two to three weeks for a circa £5.0bn issue to be placed in US Dollars, Euros and Sterling. The US$ tranche will target US qualified institutional buyers under Rule 144A of the US Securities Act. The Preliminary Prospectus for the issue will be available shortly. This announcement should not be construed as an offer or solicitation to buy or sell the Securities or any other securities, or any interest in any securities, and nothing herein should be construed as a recommendation or advice to invest in any securities. The investments and investment services referred to herein are available only to persons to whom this material may be lawfully delivered in accordance with applicable securities laws. This includes any sale of Securities in any State of the United States in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the Securities Laws of any such State. This material is not available to private customers within the meaning of the rules of the Financial Services Authority. For further information, please contact: The Royal Bank of Scotland Group plc Richard O'Connor Ron Huggett Head of Investor Relations Director, Capital Management 280 Bishopsgate 280 Bishopsgate London London EC2M 4RB EC2M 4RB Tel: +44 (0)20 7672 1758 Tel: +44 (0)20 7085 4925 This information is provided by RNS The company news service from the London Stock Exchange
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