REG-ROYAL BANK OF SCOTLAND PLC FRN Variable Rate Fix

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Mon Aug 17, 2009 5:15am EDT

LONDON--(Business Wire)--

 As Agent Bank, please be advised of the following rate determined on: 14/08/09                                                                   
 Issue                            | The Royal Bank of Scotland plc - Series 2923 - EUR 200,000,000 FRN due 18 Feb 2010                           
                                                                                                                                                 
 ISIN Number                      | XS0347470592                                                                                                 
 ISIN Reference                   | 34747059                                                                                                     
 Issue Nomin EUR                  | 200,000,000                                                                                                  
 Period                           | 18/08/09 to 18/02/10                                              Payment Date 18/02/10                    
 Number of Days                   | 184                                                                                                          
 Rate                             | 1.32                                                                                                        
 Denomination EUR                 | 100,000                 | 200,000,000                                                       |            
                                                                                                                                                
 Amount Payable per Denomination  | 674.67                  | 1,349,333.33                                                      |            
                                                                                                                                                
 Bank of New York                                                                                                                               
 Rate Fix Desk                                               Telephone                               | 44 1202 689580                         
 Corporate Trust Services                                     Facsimile                               | 44 1202 689601                         


ROYAL BANK OF SCOTLAND PLC 

Copyright Business Wire 2009

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