Royal Bank of Scotland Plc



As Agent Bank, please be advised of the following rate determined on: 03-Sep-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-Sep-2008 to 05-Dec-2008            Payment Date 05-Dec-2008
Number of Days     � 91
Rate               � 5.12
Denomination EUR   � 50,000.00             � 20,000,000.00        �

Amount Payable per � 647.11                � 258,844.44           �
 Denomination

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



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