Senior Managment Changes

Royal Bank of Scotland Group PLC
2 October 2001







SENIOR MANAGEMENT APPOINTMENTS AT THE ROYAL BANK OF SCOTLAND GROUP

The Royal Bank of Scotland Group today announces the following changes within
the senior management team.

Gordon Pell, currently Chief Executive, Retail Banking, becomes Chairman,
Retail Banking and Wealth Management.

Benny Higgins, currently Deputy Chief Executive, Retail Banking, becomes Chief
Executive, Retail Banking.

Cameron McPhail remains Chief Executive, Wealth Management.

Iain Robertson, Currently Chief Executive, Corporate Banking and Financial
Markets, becomes Chairman, Corporate Banking and Financial Markets.

Johnny Cameron, currently Deputy Chief Executive, and Head of Corporate
Banking, becomes Chief Executive, Corporate Banking and Financial Markets.

Brian Crowe, currently Group Treasurer and Managing Director, Financial
Markets, becomes Deputy Chief Executive, Corporate Banking and Financial
Markets, and retains his responsibilities as Group Treasurer and MD, Financial
Markets.

Fred Goodwin, Group Chief Executive, The Royal Bank of Scotland Group said:
'As we begin to see the balance of activity shifting from integration to
'business as usual', we are realigning these senior management positions to
enable deeper focus on the needs of our customers.'





Enquires:

Howard Moody, Group Director, Communications Tel [phone]