Dividend Declaration

Royal Bank of Scotland Group PLC
23 November 2006

THE ROYAL BANK OF SCOTLAND GROUP plc



DIVIDEND ON SERIES E - Q NON-CUMULATIVE DOLLAR PREFERENCE SHARES of US$0.01 FOR
THE THREE MONTHS TO 31 DECEMBER 2006.

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 2006. The
dividends will be paid on 29 December 2006 at the undernoted rates to holders on
the register at the close of business on 14 December 2006.

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 14 December 2006.

Series                                                      Dividend payable per share
Series E                                                    US$0.50625
Series F                                                    US$0.478125
Series G                                                    US$0.4625
Series H                                                    US$0.453125
Series K                                                    US$0.4921875
Series L                                                    US$0.359375
Series M                                                    US$0.40
Series N                                                    US$ 0.396875
Series P                                                    US$ 0.390625
Series Q                                                    US$0.421875



DIVIDEND ON SERIES 1 NON-CUMULATIVE EURO PREFERENCE SHARES OF €0.01 FOR THE YEAR
TO 31 DECEMBER 2006

The Directors have declared the specified dividends on the undernoted Series of
non-cumulative convertible euro preference shares for the year to 31 December
2006. The dividends will be paid on 29 December 2006 at the undernoted rates to
holders on the register at the close of business on 14 December 2006.


Series                                                      Dividend payable per share
Series 1                                                    €55.00





DIVIDEND ON SERIES 1 NON-CUMULATIVE STERLING PREFERENCE SHARES OF £0.01 FOR THE
YEAR TO 31 DECEMBER 2006

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 2006. The dividends will be paid on 29 December 2006 at the undernoted
rates to holders on the register at the close of business on 14 December 2006.


Series                                                      Dividend payable per share
Series 1                                                    £73.87



DIVIDEND ON 11 PER CENT AND 5.5 PER CENT CUMULATIVE PREFERENCE SHARES FOR THE
HALF YEAR TO 30 SEPTEMBER 2006

The Directors have declared a half-yearly dividend on the 11 per cent and 5.5
per cent £1 cumulative preference shares. The dividend will be paid on 29
December 2006 at the rate of 5.5 per cent and 2.75 per cent respectively and
will be paid to those preference shareholders on the register at the close of
business on 1 December 2006.


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