Director Shareholding

Royal Bank of Scotland Group PLC
30 March 2005

                                  SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

1. Name of company
The Royal Bank of Scotland Group plc

2. Name of director
Lawrence Kingsbaker Fish

3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18 or in respect of a non-beneficial
interest
Lawrence Kingsbaker Fish

4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them (if notified)
Lawrence Kingsbaker Fish

5. Please state whether notification relates to a person(s) connected with the
director named in 2 above and identify the connected person(s)
Lawrence Kingsbaker Fish

6. Please state the nature of the transaction. For PEP transactions please
indicate whether general/single co PEP and if discretionary/non discretionary
2005 Executive Share Option Scheme Grant

7. Number of shares / amount of stock acquired
37,603 options

8. Percentage of issued class
-

9. Number of shares/amount of stock disposed
-

10. Percentage of issued class
-

11. Class of security
Ordinary Shares of 25p

12. Price per share
-

13. Date of transaction
10 March 2005

14. Date company informed
30 March 2005

15. Total holding following this notification
-

16. Total percentage holding of issued class following this notification
-

If a director has been granted options by the company please complete the
following boxes.

17. Date of grant
10 March 2005

18. Period during which or date on which exercisable
10 March 2008 to 9 March 2015

19. Total amount paid (if any) for grant of the option
-

20. Description of shares or debentures involved: class, number
Ordinary Shares of 25p

21. Exercise price (if fixed at time of grant) or indication that price is to be
fixed at time of exercise
£17.29

22. Total number of shares or debentures over which options held following this
notification
145,630

23. Any additional information
-

24. Name of contact and telephone number for queries
Hew Campbell, Head of Group Secretariat, 0131 523 4711

25. Name and signature of authorised company official responsible for making
this notification
Hew Campbell, Head of Group Secretariat, 0131 523 4711

Date of Notification
30 March 2005


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