Scrip Dividend

Royal Bank of Scotland Group PLC
02 June 2005


The Royal Bank of Scotland Group plc

Scrip Dividend

3,773,739 3,584,205 new ordinary shares of 25 pence each will expect to be
listed on 3 June 2005 as fully paid up under the Company's Scrip Dividend
Scheme. These new shares will rank pari passu in all respects with the existing
shares of the Company. Application has been made to the UK Listing Authority and
the London Stock Exchange for the new shares to be admitted to the Official
List.

Further copies of this announcement are available at the Company's Offices at 36
St Andrew Square, Edinburgh, EH2 2YB and a copy of the above document has been
submitted to the UK Listing Authority, and will shortly be available for
inspection at the UK Listing Authorities Document Viewing Facility, which is
situated at:

Financial Services Authority

25 The North Colonnade

Canary Wharf

London E14 5HS

Tel: [phone]



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