TIDM80PL 
 
 
As Agent Bank, please be advised of the following rate determined  on: 21/12/2010 
Issue                            ¦ The Royal Bank Of Scotland - US$350,000,000 Undated FR Primary  Capital Notes 
ISIN Number                      ¦ GB0007547507 
ISIN Reference                   ¦ 7547507 
Issue Nomin USD                  ¦ 350,000,000 
Period                           ¦ 23/12/2010 to 23/06/2011    Payment Date 23/06/2011 
Number of Days                   ¦ 182 
Rate                             ¦ 0.625 
Denomination USD                 ¦ 10,000  ¦ 250,000              ¦ 
Amount Payable per Denomination  ¦ 31.6    ¦ 789.93               ¦ 
Bank of New York 
Rate Fix Desk                             Telephone             ¦ 44 1202 689580 
Corporate Trust Services                   Facsimile            ¦ 44 1202 689601
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