Viscount Younger of Leckie to Retire as Chief Exec

Royal Bank of Scotland Group PLC
26 November 1999



Board changes at The Royal Bank of Scotland Group plc ('Royal Bank Group')

Viscount Younger of Leckie, Chairman of the Royal Bank Group today announced
that he will retire at the Group's Annual General Meeting on 18 January 2001.
He will be succeeded as Chairman by Sir George Mathewson who is currently
Group Chief Executive.

Mr Fred Goodwin, Deputy Group Chief Executive will  become Group Chief
Executive in succession to Sir George Mathewson at the same time.

The changes will be effective from 18 January 2001.

Commenting on the proposed appointments, Viscount Younger said:

'George Mathewson has been one of the most successful Chief Executives in the
UK financial services industry in the 1990's.  His outstanding achievement in
building and developing the Royal Bank Group is clearly demonstrated by our
excellent profit and dividend growth and in the resultant value created for
our shareholders.  We are very pleased that he has agreed to continue with the
Royal Bank Group as Chairman of the Board.

Fred Goodwin is a natural successor to George Mathewson as Group Chief
Executive.  He is the right person in age and intellectual grasp and has
proven experience and a record of achievement.  We are confident that he will
provide the leadership for our Executive in continuing with the successful
implementation of our strategy.

In George Mathewson and Fred Goodwin we will have a top team with the vision,
leadership and drive to ensure the future success of the Royal Bank Group.'


For further information please contact:

Howard Moody
Director, Corporate Affairs

Tel:  [phone]