Royal Bank of Scotland Plc


As Agent Bank, please be advised of the following rate determined on: 03-Mar-2008
Issue              � The Royal Bank of Scotland Plc - Series 2826
                     EUR 20,000,000.00 FRN Due 05 Sep 2012
ISIN Number        � XS0319482740
Common Code / 144A � 31948274
 ISIN
Issue Nomin EUR    � 20,000,000.00
Period             � 05-Mar-2008 to 05-Jun-2008            Payment Date 05-Jun-2008
Number of Days     � 92
Rate               � 4.543
Denomination EUR   � 50,000.00             � 20,000,000.00        �

Amount Payable per � 580.49                � 232,197.78           �
 Denomination

Bank of New York
Rate Fix Desk                              Telephone       � 44 1202 689580
Corporate Trust Services                   Facsimile       � 44 1202 689601



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