Dividend Declarations

Royal Bank of Scotland Group PLC
24 November 1999


DIVIDEND ON SERIES B, SERIES C, SERIES D, SERIES E, SERIES F, SERIES G, SERIES
H, SERIES I AND SERIES J NON-CUMULATIVE DOLLAR PREFERENCE SHARES FOR THE THREE
MONTHS TO 30 DECEMBER 1999

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 30 December 1999.  The
dividends will be paid on 30 December at the undernoted rates to holders on
the register at the close of business on 16 December 1999.  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 16 December 1999.

Series                                           Dividend payable per share

Series B                                        U.S. $0.63
Series C                                        U.S. $0.534375
Series D                                        U.S. $0.51328125
Series E                                        U.S. $0.50625
Series F                                        U.S. $0.478125
Series G                                        U.S. $0.4625
Series H                                        U.S. $0.453125
Series I                                        U.S. $0.50
Series J                                        U.S. $0.53125