REG-ROYAL BANK OF SCOTLAND PLC FRN Variable Rate Fix

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Wed Apr 29, 2009 11:30am EDT 

LONDON--(Business Wire)--

 As Agent Bank, please be advised of the following rate determined on: 12/01/09                                                                   
 Issue                    | The Royal Bank of Scotland plc - 2656 - EUR 200,000,000 FRN Range Accrual Due 18 July 2011                           
                                                                                                                                                 
 ISIN Number              | XS0260665731                                                                                                         
 ISIN Reference           | 26066573                                                                                                             
 Issue Nomin EUR          | 200,000,000                                                                                                          
 Period                   | 18/07/08 to 20/01/09                                                   Payment Date 20/01/09                       
 Number of Days           | 90                                                                                                                   
 Rate                     | 6.136                                                                                                               
 Denomination EUR         | 50,000                    | 200,000,000                                                            |             
                                                                                                                                                
 Amount Payable per       | 767.00                    | 3,068,000.00                                                           |             
 Denomination                                                                                                                                
                                                                                                                                                
 Bank of New York                                                                                                                               
 Rate Fix Desk                                         Telephone                                  | 44 1202 689580                            
 Corporate Trust Services                               Facsimile                                  | 44 1202 689601                            


ROYAL BANK OF SCOTLAND PLC 

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