Royal Bank of Scotland : Publication of Final Terms

Publication of Final Terms

The following Final Terms are available for viewing:

Final Terms dated 6 March 2017 (the 'Final Terms') for The Royal Bank of Scotland Group plc (the 'Issuer') €1,500,000,000 Fixed to Floating Rate Notes due 8 March 2023 (the 'Notes') issued under the £90,000,000,000 Euro Medium Term Note Programme of the Issuer and The Royal Bank of Scotland plc (the 'Programme').

The Final Terms contain the final terms of the Notes and must be read in conjunction with the prospectus dated 16 December 2016 and the supplementary prospectus dated 24 February 2017 relating to the Programme (together, the 'Prospectus'), which constitutes a base prospectus for the purposes of the Prospectus Directive 2003/71/EC (and amendments thereto, including Directive 2010/73/EU).

To view the Final Terms for the Notes, please paste the following URL into the address bar of your browser:

http://www.rns-pdf.londonstockexchange.com/rns/6644Y_-2017-3-6.pdf

A copy of the above Final Terms has been submitted to the National Storage Mechanism and will shortly be available for inspection at:

http://www.morningstar.co.uk/uk/NSM

For further information, please contact:

RBS Investor Relations

Matthew Richardson

Head of Fixed Income Investor Relations

Tel: +44 20 7678 1800

DISCLAIMER INTENDED ADDRESSEES

Please note that the information contained in the Final Terms (when read together with the information in the Prospectus) may be addressed to and/or targeted at persons who are residents of particular countries (specified in the Prospectus) only and is not intended for use and should not be relied upon by any person outside these countries and/or to whom the offer contained in the Final Terms and the Prospectus is not addressed. Prior to relying on the information contained in the Final Terms and the Prospectus, you must ascertain from the Prospectus whether or not you are part of the intended addressees of the information contained therein.

Your right to access this service is conditional upon complying with the above requirement.

Legal Entity Identifier: 2138005O9XJIJN4JPN90