REG-Royal Bk Scot.Grp. FRN Variable Rate Fix

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Thu Apr 17, 2008 8:57am EDT

LONDON--(Business Wire)--

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As Agent Bank, please be advised of the following rate determined on: 09-Apr-2008

Issue               : The Royal Bank of Scotland Plc - Series 2857
                      GBP 25,000,000 FRN Due 09 OCT 2008
ISIN Number         : XS0324869915
Common Code/        : 32456991
144A ISIN
Issue Nomin     GBP : 25,000,000.00
Period              : 09-Apr-2008 to 09-Jul-2008        Payment Date 09-Jul-2008
Number of Days      : 91
Rate                : 6.0075
Denomination     GB : 100,000.00                  25,000,000.00
Amount Payable
per Denomination    : 1,497.76                      374,440.07

Bank of New York
Rate Fix Desk                     Telephone    44 1202 689580
Corporate Trust Services          Facsimile    44 1202 689601
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Royal Bk Scot.Grp.

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