60JI Cred Ag Co 29

RNS Number:4289O
Royal Bank of Scotland PLC
25 July 2000


To:   Company Announcements Office

As Agent Bank, please be advised of the following rate determined on the
25 JULY 2000.

Issue:             ROYAL BANK OF SCOTLAND - SERIES 47
                   #10,000,000 (MTN) FRN DUE 25/4/2001
ISIN NO:           XS0065895962
Issue Nominal GBP: 10,000,000.00
Period:            25-JUL-2000  To  25-OCT-2000  Payment Date: 25-OCT-2000
Number of Days:    92
Rate:              6.5625                      
Denomination GBP:  100,000.00
Amount Payable
Per Denomination:  1,654.11

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

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