Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the        Securities Trust of Scotland Plc
underlying issuer of existing shares
to which voting rights are
attached:
2 Reason for the notification (please tick the appropriate box or
boxes):
An acquisition or disposal of voting rights                         X
An acquisition or disposal of qualifying financial instruments
which may result in the acquisition of shares already issued to
which voting rights are attached
An acquisition or disposal of instruments with similar economic
effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please
specify):
3. Full name of person(s) subject                       Deutsche Bank AG
to the
notification obligation:
4. Full name of shareholder(s)                          Deutsche Bank AG
 (if different from 3.):
                                            Tilney Investment Management
5. Date of the transaction and                               9 June 2010
date on which the threshold is crossed
or reached:
6. Date on which issuer notified:                           11 June 2010
7. Threshold(s) that is/are                   Below 5% Aggregate Holding
crossed or reached:

8. Notified details:
A: Voting rights attached to shares
Class/type of Situation        Resulting situation after the triggering
shares        previous         transaction
              to the
if possible   triggering
using         transaction
the ISIN CODE
              Number     Number     Number     Number of           % of  voting
              of         of         of         voting              rights
              Shares     Voting     shares     rights
                         Rights
                                               Direct    Indirect  Direct    Indirect

GB00B09G3N23  5,171,051  5,171,051  Below 5%   Below 5%  Below 5%  Below 5%  Below 5%



B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of       Expiration  Exercise/       Number of voting   % of voting
financial     date        Conversion      rights that may    rights
instrument                Period          be acquired
                                          if the instrument
                                          is exercised/
                                          converted.
N/A

C: Financial Instruments with similar economic effect to Qualifying
Financial Instruments
Resulting situation after the triggering transaction
Type of       Exercise  Expiration  Exercise/   Number of voting    % of voting
financial     price     date        Conversion  rights instrument   rights
instrument                          period      refers to
                                        N/A
                                                                    Nominal  Delta



Total (A+B+C)
Number of voting rights             Percentage of voting rights
Below 5%                            Below 5%

9. Chain of controlled undertakings through which the voting rights
and/or the
financial instruments are effectively held, if applicable:




Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder
will cease
to hold:
12. Date on which proxy holder will cease to
hold
voting rights:


13. Additional information:
14. Contact name:                              Natalie Brewer
15. Contact telephone number:                 [phone]