Notice of Redemption

The Royal Bank of Scotland plc (the 'Issuer')

The holders of the EUR1,000,000,000 Fixed to Floating Rate Subordinated Notes due 2021issued under the £25,000,000,000 Euro Medium Term Note Programme(ISIN Code: XS0201065496(the 'Notes')) have been notified by the Issuer of the upcoming redemption of the Notes on 22 September2016.The amount of the Notes currently outstanding is EUR1,000,000,000.

Terms used but not defined herein shall have the meaning given to them in the notice of redemption. The Notes are being redeemed pursuant to Condition 5(c) of the Notes (Call Option - Redemption at the Option of the Issuer) at par, together with interest accrued to (but excluding) the Redemption Date. The Issuer has notified the holders pursuant to the terms of the Notes.

To view the notice, please click on the link below.

http://www.rns-pdf.londonstockexchange.com/rns/8784F_-2016-8-1.pdf

For further information, please contact:

RBS Investor Relations

Matthew Richardson

Head of Fixed Income Investor Relations

Tel: +44 (0)20 7678 1800

The Royal Bank of Scotland Group plc published this content on 01 August 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 01 August 2016 14:16:03 UTC.

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