Pre-Close Analysts Enquiries

Royal Bank of Scotland Group PLC
11 December 2000

THE ROYAL BANK OF SCOTLAND GROUP plc

PRE-CLOSE PERIOD CONTACT WITH ANALYSTS



The Royal Bank of Scotland Group plc ('RBSG') will be responding to analysts
enquiries ahead of its close period for the year ended 31 December 2000. This
follows on from two successful presentations on RBSG's Retail Banking and
Corporate Banking and Financial Markets businesses on 19 October and 8
November.


At each of these presentations Fred Goodwin, Group Chief Executive confirmed
that good progress is being made in integrating the Royal Bank of Scotland plc
and National Westminster Bank Plc and that we remain on target to deliver on
promises made to the market. We confirm again that integration remains on
track.


Underlying results for the Group for the year to date also remain in line with
our expectations. The performance trend of our businesses experienced in the
six months to June 2000 has continued into the second half of the year, while
at Group level, net interest margin remains flat. While there has been some
tightening of our credit appetite in parts of the business in response to
changing economic conditions, this has had no noticeable effect on income nor,
to date, on the required level of bad debt provisions.


The full year results for RBSG to 31 December 2000 will be announced on 1
March 2001.


Commenting on this announcement, Fred Goodwin said 'All of the above is
entirely consistent with our earlier communication with the market, but as we
expect to be covering this ground with analysts we felt that our position
should be shared with all investors at this time.'



For further information contact:


Fred Goodwin

Group Chief Executive                          0131 523 2033


Fred Watt

Group Finance Director                         0131 523 5171


Finlay Williamson

Head of Group Corporate Finance                0131 523 2818


11 December 2000