ROYAL BANK OF SCOTLAND GROUP PLC




As Agent Bank, please be advised of the following rate determined on: 01-Oct-2007

Issue               : The Royal Bank of Scotland plc - Series 1589
                      EUR 1,000,000,000.00 Subordinated FRN Due perpetual
ISIN Number         : XS0195231526
Common Code/        : 19523152
144A ISIN
Issue Nomin     EUR : 1,000,000,000.00
Period              : 03-Oct-2007 to 03-Jan-2008          Payment Date 03-Jan-2008
Number of Days      : 92
Rate                : 5.391
Denomination EUR    : 1,000.00          10,000.00           100,000.00

Amount Payable
per Denomination    : 13.78             137.77              1,377.70

Bank of New York
Rate Fix Desk                           Telephone  44 1202 689580
Institutional Trust Services            Facsimille 44 1202 689601
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