Changes to Board of Directors - Key Appointments

Royal Bank of Scotland Group PLC
17 March 2000


KEY APPOINTMENTS COMPLETED AT ROYAL BANK OF SCOTLAND GROUP

A series of key management appointments are announced today
by Fred Goodwin, Group Chief Executive of The Royal Bank of
Scotland.  The appointments cover a series of group and
central functions, and follow the announcement earlier this
month of the appointment of the heads of seven customer-
facing divisions.

Mr Goodwin said: 'These appointments meet our commitment to
put in place the key executives who will be responsible for
bringing together the enlarged Royal Bank of Scotland Group.
Today's announcement also marks the creation of our new
manufacturing division which will bring together the
service, technology and operations functions which support
our front line staff.'

Mark Fisher (39) currently Chief Operations Officer, Retail
Banking Services, NatWest, becomes Chief Executive,
Manufacturing.  As announced in The Royal Bank of Scotland
Group's Offer Document, the role of the new manufacturing
division will include bringing together back office
technology and processing activities for The Royal Bank of
Scotland and NatWest. Martin Webb (58), currently Director,
Technology, Royal Bank of Scotland, is Director, IT
Development and Services. John White (57), currently Project
Director, Group Business Re-engineering, Royal Bank of
Scotland is Director, IT Integration.

In his current role at NatWest, Mr Fisher has overall
responsibility for the systems and 12,000 staff who form the
operational core of the NatWest Group, and has extensive
experience of large change management programmes.  A career
banker, he has a first class honours degree in mathematics
and an MBA from Warwick Business School.

Grahame Whitehead (49), currently Finance and Risk Director,
UK Bank, at The Royal Bank of Scotland, becomes
Group Chief Financial Officer.  Mr Whitehead is a chartered
accountant who joined the Bank in 1986 from Deloitte Haskins
& Sells where he was partner-in-charge for corporate
advisory services.  Following the acquisition of Citizens
Finance Group in the US he was appointed Executive Vice-
President Corporate Planning and Control, and was heavily
involved in the design of the integration process which
underpins Citizens record of 17 successful acquisitions and
the subsequent achievement of cost and revenue targets.

A separate company announcement announcing that Richard
Delbridge currently Chief Financial Officer of NatWest, is
to leave the organisation and will resign his directorship
at NatWest Bank on April 30, 2000, is attached.

Miller McLean (50), is Group Director, Legal and Regulatory
Affairs and Group Secretary, responsible for legal and
company secretarial services, including corporate
governance, regulatory compliance, and stock exchange
listings. A career banker and solicitor, he has
played a key role in many of the strategic developments in
The Royal Bank of Scotland Group, particularly in
acquisitions and disposals and the creation of joint
ventures.

Iain Allan (53), is Group Director, Strategy, responsible
for formulating and developing the Group's strategic
planning.  An actuary, he has also been directly involved in
all The Royal Bank of Scotland Group's acquisitions and
disposals and joint ventures since he joined in 1994.  He
joined The Royal Bank of Scotland Group from Scottish
Amicable, and was previously with UBS Phillips & Drew, based
in London and Tokyo.  He is a visiting professor in
actuarial science at the City University London.

Howard Moody (50), is Group Director, Communications,
responsible for all the Group's internal and external
communications.  Before joining The Royal Bank of Scotland
Group in 1996 he was based in Prague, where he was the
principal adviser to the Czech government for the attraction
of foreign investment.  Prior to that he was the Scottish
Development Agency's Director of Marketing, having
previously managed the North American operations of Locate
in Scotland from New York.

Neil Roden (43), is Group Director, Human Resources.  He
joined The Royal Bank of Scotland Group in 1997 from
National Australia Group, where he was General Manager,
Human Resources, Europe. During his five years with the
National Australia Group he was responsible for human
resources issues during a time of strategic change in the
constituent banks, including Clydesdale and Yorkshire Banks.
He was previously with Lloyds Bowmaker.


For further information, please contact:-

Howard Moody                      Tel:       [phone]
Group Director, Communications    Mobile:    [phone]