81DV Nationwde.32

    


ROYAL BANK OF SCOTLAND GROUP PLC



As Agent Bank, please be advised of the following rate determined on: 01-Oct-2008
Issue              � The Royal Bank of Scotland plc - Series 1589
                     EUR 1,000,000,000.00 Subordinated FRN Due Perpetual
ISIN Number        � XS0195231526
Common Code / 144A � 19523152
 ISIN
Issue Nomin EUR    � 1,000,000,000.00
Period             � 03-Oct-2008 to 05-Jan-2009            Payment Date 05-Jan-2009
Number of Days     � 94
Rate               � 5.891
Denomination EUR   � 1,000.00              � 10,000.00            � 100,000.00

Amount Payable per � 15.38                 � Pok153.82            � 1,538.21
 Denomination

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

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