60JI Cred Ag Co 29

RNS Number:3422O
Royal Bank of Scotland PLC
24 July 2000

To:   Company Announcements Office

As Agent Bank, please be advised of the following rate determined on the
24-Jul-2000

Issue:            Royal Bank of Scotland - Series 55
                  #20,000,000 (MTN) FRN Due 23/1/2004

ISIN NO:          XS0073038662               
Issue Nominal GBP:20,000,000.00
Period:           24-Jul-2000    To   23-Oct-2000  Payment Date 23-Oct-2000
Number of Days:   91
Rate:             6.21125                       
Denomination GBP: 100,000.00
Amount Payable
Per Denomination: 1,548.56

From:
Jane Slate                           Telephone 44 (0) 1202 34 1286
Capital Markets Fiduciary Services   Facsimile 44 (0) 1202 34 7939

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