Publication of Prospectus

Royal Bank of Scotland Group PLC
30 April 2008

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO
THE UNITED STATES, CANADA, AUSTRALIA, JAPAN OR SOUTH AFRICA



THE ROYAL BANK OF SCOTLAND GROUP PLC



Publication of Rights Issue Prospectus



30 April 2008



Further to the announcement on 22 April 2008 of a fully underwritten rights
issue (the 'Rights Issue'), RBS announces that a Rights Issue Prospectus dated
30 April 2008 has been approved by the UK Listing Authority and will be posted
to shareholders. It will also shortly be available for inspection at the UK
Listing Authority's Document Viewing Facility, situated at:



Financial Services Authority

25 The North Colonnade,

Canary Wharf,

London E14 5HS.





Contacts



Andrew McLaughlin

Group Director, Economics & Corporate Affairs

Mobile: [phone]



Carolyn McAdam

Group Head of Media Relations

Mobile: [phone]





The Provisional Allotment Letters are expected to be despatched on or about 14
May 2008.



This announcement is not a prospectus but an advertisement and investors should
not subscribe for any nil paid rights ('Nil Paid Rights'), fully paid rights ('
Fully Paid Rights') or new shares ('New Shares') issued in connection with the
Rights Issue except on the basis of the information contained in the Rights
Issue Prospectus.



This announcement does not constitute an offer to sell, or a solicitation of an
offer to subscribe for, the Nil Paid Rights, the Fully Paid Rights or the New
Shares being issued in connection with the Rights Issue, in any jurisdiction in
which such offer or solicitation is unlawful.



This announcement is not for distribution, directly or indirectly in, or into
the United States, Australia, Canada, Japan or South Africa. This announcement
does not constitute or form a part of any offer or solicitation to purchase or
subscribe for the securities mentioned herein (the 'Securities') in the United
States. The Securities have not been, and will not be, registered under the
United States Securities Act of 1993 (the 'Securities Act').



The Securities may not be offered or sold in the United States absent
registration or an applicable exemption from the registration requirements of
the Securities Act. There will be no public offer of the Securities in the
United States.



Neither the content of The Royal Bank of Scotland Group plc's website nor any
website accessible by hyperlinks on The Royal Bank of Scotland Group plc's
website is incorporated in, or forms part of, this announcement.



The distribution of this announcement and/or the Prospectus and/or the
Provisional Allotment Letters and/or the transfer of Nil Paid Rights, Fully Paid
Rights and/or New Shares into jurisdictions other than the United Kingdom may be
restricted by law. Persons into whose possession this announcement comes should
inform themselves about and observe any such restrictions. Any failure to comply
with these restrictions may constitute a violation of the securities laws of any
such jurisdiction.




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            The company news service from the London Stock Exchange