Planned Securitisation

Royal Bank of Scotland Group PLC
17 December 2007



Royal Bank of Scotland plc - Corporate Loans Securitisation


THE ROYAL BANK OF SCOTLAND GROUP COMPLETES ITS PLANNED SECURITISATION OF
CORPORATE LOANS


17 December 2007


The Royal Bank of Scotland Group is pleased to announce that The Royal Bank of
Scotland plc will synthetically securitise part of its UK, US and European
corporate loan portfolio under the funding programme known as Arran Corporate
Loans .


The transaction, a partially funded synthetic securitisation with a senior CDS,
has a total size of US$9.6bn.

For the funded part, 6 classes of credit linked notes rated by Moody's will be
issued in US Dollars.


The CLN issue has been privately placed.


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

Head of Investor Relations

280 Bishopsgate

London

EC2M 4RB

Tel: [phone]






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