RNS Number:6600O
Royal Bank of Scotland PLC
28 July 2000


To:   Company Announcements Office

As Agent Bank, please be advised of the following rate determined on
28-JUL-2000.

Issue:             ROYAL BANK OF SCOTLAND - SERIES 42
                   #200,000,000 FRN (MTN) DUE 25/1/2003
ISIN NO:           XS0062976336              
Issue Nominal GBP: 200,000,000.00
Period:            28-JUL-2000  To  30-OCT-2000   Payment Date: 30-OCT-2000
Number of Days:    94
Rate:              6.23375                    
Denomination GBP:  100,000.00     1,000,000.00
Amount Payable
Per Denomination:  1,601.02       16,010.18

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


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