Royal Bank of Scotland



                   RBS - Series SMTN 3148 - ISIN SE0001989062
            - Maturity Date 21 June 2011 - O/S Nominal SEK 23,300,000

Please be advised the following has been repurchased for SEK 150,000 on 13
December 2007.

The outstanding balance will therefore be SEK 23,150,000

Please amend your records accordingly.


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