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Royal Bk.of Scot. (81NQ)

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Thursday 04 August, 2005

Royal Bk.of Scot.

FRN Variable Rate Fix

Royal Bank of Scotland Group
                  

As Agent Bank, please be advised of the following rate determined on:02-Aug-2005

Issue               : The Royal Bank of Scotland plc - Series 170
                      GBP 4,656,635 (MTN) FRN Due May 2006
ISIN Number         : XS0128955696
Common Code/        : 128955696
144A ISIN
Issue Nomin     GBP : 4,656,635.00
Period              : 02-Aug-2005 to 03-Nov-2005    Payment Date 03-Nov-2005
Number of Days      : 93
Rate                : 4.46625
Denomination    GB  : 4,656,635.00    

Amount Payable 
per Denomination    :52,991.39        

Institutional       Telephone   44(0) 1202 34 1286
Trust Services      Facsimile   44(0) 1202 34 1267