Dividend Declaration

Royal Bank of Scotland Group PLC
23 November 2005

THE ROYAL BANK OF SCOTLAND GROUP plc



DIVIDEND ON SERIES D - P NON-CUMULATIVE DOLLAR PREFERENCE SHARES of US$0.01 FOR
THE THREE MONTHS TO 31 DECEMBER 2005.

The Directors have declared the specified dividends on the undernoted Series of
non-cumulative dollar preference shares, all of which are represented by
American Depositary Shares, for the three months to 31 December 2005. The
dividends will be paid on 30 December 2005 at the undernoted rates to holders on
the register at the close of business on 15 December 2005. As at the date of
this announcement all of the undernoted Non-cumulative dollar preference shares
are held by The Bank of New York, N.A. as Depositary who have advised that the
record date for the American Depositary Receipts which evidence the undernoted
American Depositary Shares is 15 December 2005.

Series                                                Dividend payable per share
Series D                                                    US$0.51328125
Series E                                                    US$0.50625
Series F                                                    US$0.478125
Series G                                                    US$0.4625
Series H                                                    US$0.453125
Series I                                                    US$0.50
Series K                                                    US$0.4921875
Series L                                                    US$0.359375
Series M                                                    US$0.40
Series N                                                    US$ 0.396875
Series P (from date of issue 9 November 2005)               US$ 0.2214



DIVIDEND ON SERIES 1 NON-CUMULATIVE EURO PREFERENCE SHARES OF €0.01 FOR THE
PERIOD FROM 29 NOVEMBER 2004 TO 31 DECEMBER 2005

The Directors have declared the specified dividends on the undernoted Series of
non-cumulative convertible euro preference shares for the period from 29
November 2004 to 31 December 2005. The dividends will be paid on 30 December
2005 at the undernoted rates to holders on the register at the close of business
on 15 December 2005.


Series                                        Dividend payable per share
Series 1                                      €59.89





DIVIDEND ON SERIES 1 NON-CUMULATIVE STERLING PREFERENCE SHARES OF £0.01 FOR THE
YEAR TO 31 DECEMBER 2005

The Directors have declared the specified dividends on the undernoted Series of
non-cumulative convertible preference shares of £0.01 each for the year to 31
December 2005. The dividends will be paid on 30 December 2005 at the undernoted
rates to holders on the register at the close of business on 15 December 2005.


Series                                        Dividend payable per share
Series 1                                      £73.87


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