Director/PDMR Shareholding

Royal Bank of Scotland Group PLC
14 February 2007


The Royal Bank of Scotland Group plc - Director/PDMR Shareholding

Notification of Directors' Interests:

On 14 February 2007 Bedell Trustees Limited as Trustee of The Royal Bank of
Scotland plc 1992 Employee Share Trust (the '1992 Trust') released from the 1992
Trust 10,000 ordinary shares of 25 pence in The Royal Bank of Scotland Group plc
(the 'Company') in satisfaction of share options exercised by employees of the
Company and its subsidiaries.

In addition, Bedell Trustees Limited as Trustee of The Royal Bank of Scotland
Group plc 2001 Employee Share Trust (the '2001 Trust') released from the 2001
Trust 33,616 ordinary shares of 25 pence in the Company in satisfaction of share
options exercised by employees of the Company and its subsidiaries.

The Trusts are discretionary trusts for the benefit of employees of the Company
and its subsidiaries. The executive directors of the Company, namely Sir Fred
Goodwin, John Alastair Nigel Cameron, Lawrence Kingsbaker Fish, Mark Andrew
Fisher, Gordon Francis Pell and Guy Robert Whittaker, are potential
beneficiaries of the Trusts and are therefore deemed to be interested in shares
held under the Trusts for the purposes of Section 324 of the Companies Act 1985.

Following the above transactions, the balance of ordinary shares in the Company
held by the Trustee in respect of the 1992 Trust is 499,905 and in respect of
the 2001 Trust is 4,720,917.




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