TIDM50YB 
 
 
As Agent Bank, please be advised of the following rate determined  on: 25/02/09 
Issue                            ¦ The Royal Bank of Scotland - Series 2962 - USD 50,000,000 FRN Due  28 May 2013 
ISIN Number                      ¦ XS0365919512 
ISIN Reference                   ¦ 36591951 
Issue Nomin USD                  ¦ 50,000,000 
Period                           ¦ 27/02/09 to 28/05/09    Payment Date 28/05/09 
Number of Days                   ¦ 90 
Rate                             ¦ 2.10625 
Denomination USD                 ¦ 100,000  ¦ 50,000,000      ¦ 
Amount Payable per Denomination  ¦ 526.56   ¦ 263,281.25      ¦ 
Bank of New York 
Rate Fix Desk                              Telephone        ¦ 44 1202 689580 
Corporate Trust Services                    Facsimile       ¦ 44 1202 689601
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