Rule 8.3- (London Stock Ex)

Royal Bank of Scotland Group PLC
18 December 2006


                                    FORM 8.3

    DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE

              (Rule 8.3 of the City Code on Takeovers and Mergers)



1. KEY INFORMATION

Name of person dealing (Note 1)   The Royal Bank of Scotland plc (a
                                  wholly-owned subsidiary of The Royal
                                  Bank of Scotland Group plc)

Company dealt in                  London Stock Exchange plc

Class of relevant security to     Ordinary 0.06918604 shares
which the dealings being
disclosed relate (Note 2)

Date of dealing                   15/12/06



2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE

(a) Interests and short positions (following dealing) in the class of relevant
security dealt in (Note 3)

                                                   Long                 Short

                                              Number     (%)          Number (%)

    (1) Relevant
    securities                                4,329,613   2.03

    (2) Derivatives (other than options)

    (3) Options and agreements to purchase/
    sell

                                     Total    4,329,613   2.03

        (b) Interests and short positions in relevant securities of the company,
        other than the class dealt in (Note 3)



        Class of relevant security:               Long         Short

                                              Number (%)    Number (%)

    (1) Relevant securities

    (2) Derivatives (other than options)

    (3) Options and agreements to purchase/
    sell

                                     Total

(c) Rights to subscribe (Note 3)

Class of relevant security:                               Details




3. DEALINGS (Note 4)

(a) Purchases and sales

Purchase/sale   Number of securities       Price per unit (Note 5)

Purchase                        300,000                      13.169725



(b) Derivatives transactions (other than options)

Product     Long/short       Number of securities     Price per unit
name,       (Note 6)         (Note 7)                 (Note 5)

e.g. CFD





(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying

Product  Writing,     Number of    Exercise  Type,      Expiry  Option
name,    selling,     securities             e.g.               money
         purchasing,  to which               American,
         varying      the option             European
         etc.         relates                etc.
                      (Note 7)

e.g.                               price                date    paid/
call                                                            received
option                                                          per unit
                                                                (Note 5)



(ii) Exercising

Product name, e.g. call    Number of          Exercise price per unit
option                     securities         (Note 5)



(d) Other dealings (including new securities) (Note 4)

Nature of transaction (Note  Details  Price per unit (if applicable)
8)                                    (Note 5)















4. OTHER INFORMATION

Agreements, arrangements or understandings relating to options or derivatives



Full details of any agreement, arrangement or understanding between the
person disclosing and any other person relating to the voting rights of
any relevant securities under any option referred to on this form or
relating to the voting rights or future acquisition or disposal of any
relevant securities to which any derivative referred to on this form is
referenced. If none, this should be stated.



Is a Supplemental Form 8 attached? (Note 9) YES/NO



Date of disclosure                                         18/12/06

Contact name                                               Richard
                                                           Hopkins

Telephone number                                           020 7714 4459

If a connected EFM, name of offeree/offeror with which     N/A
connected

If a connected EFM, state nature of connection (Note 10)   N/A



    Notes

The Notes on Form 8.3 can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk




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