Released 16:41 24-Oct-05
REDEMPTION OF NON-CUMULATIVE USD PREFERENCE SHARES
The Royal Bank of Scotland Group plc has given notice that it will, on 28th November 2005 (the "Redemption Date"), redeem all the 9,000,000 Non-cumulative USD Preference Shares, Series J of $0.01 each. Consequently, on the Redemption Date, each share will therefore become due and payable at its redemption amount of $25.00 together with dividends payable for the current dividend period and accrued to the Redemption Date.
For further information please contact:
The Royal Bank of Scotland Group plc;
Ron Huggett Richard O'Connor
Director of Capital Management Head of Investor Relations
280 Bishopsgate 280 Bishopsgate
London London
EC2M 4RB EC2M 4RB
Tel: 020 7085 4925 Tel: 020 7672 1763
The Bank of New York (Paying Agent)
Seth J. Menell
American Depositary Receipts Division
101 Barclay Street
New York
NY10286
Tel: 212 815 6915
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