RNS Number:0132U
Royal Bank of Scotland Group PLC
08 January 2004

                                  SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

1. Name of company
The Royal Bank of Scotland Group plc

2. Name of director
Frederick Anderson Goodwin

3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18 or in respect of a non-beneficial
interest
Frederick Anderson Goodwin

4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them (if notified)
The Royal Bank of Scotland plc Trustee Account BAYE and Profit Sharing

5. Please state whether notification relates to a person(s) connected with the
director named in 2 above and identify the connected person(s)
Frederick Anderson Goodwin

6. Please state the nature of the transaction. For PEP transactions please
indicate whether general/single co PEP and if discretionary/non discretionary
Participation in The Royal Bank of Scotland Group plc Share Incentive Plan

7. Number of shares / amount of stock acquired
8

8. Percentage of issued class
-

9. Number of shares/amount of stock disposed
-

10. Percentage of issued class
-

11. Class of security
Ordinary Shares of 25p

12. Price per share
#16.64

13. Date of transaction
7 January 2004

14. Date company informed
8 January 2004

15. Total holding following this notification
64726

16. Total percentage holding of issued class following this notification




If a director has been granted options by the company please complete the
following boxes.

17. Date of grant




18. Period during which or date on which exercisable




19. Total amount paid (if any) for grant of the option




20. Description of shares or debentures involved: class, number




21. Exercise price (if fixed at time of grant) or indication that price is to be
fixed at time of exercise




22. Total number of shares or debentures over which options held following this
notification




23. Any additional information




24. Name of contact and telephone number for queries
Hew Campbell, Head of Group Secretariat

0131 523 2002

25. Name and signature of authorised company official responsible for making
this notification
Hew Campbell, Head of Group Secretariat

Date of Notification
8 January 2004

The FSA does not give any express or implied warranty as to the accuracy of this
document or material and does not accept any liability for error or omission.
The FSA is not liable for any damages (including, without limitation, damages
for loss of business or loss of profits) arising in contract, tort or otherwise
from the use of or inability to use this document, or any material contained in
it, or from any action or decision taken as a result of using this document or
any such material.



                                  SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

1. Name of company
The Royal Bank of Scotland Group plc

2. Name of director
Norman Cardie McLuskie

3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18 or in respect of a non-beneficial
interest
Norman Cardie McLuskie

4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them (if notified)
The Royal Bank of Scotland plc Trustee Account BAYE and Profit Sharing

5. Please state whether notification relates to a person(s) connected with the
director named in 2 above and identify the connected person(s)
Norman Cardie McLuskie

6. Please state the nature of the transaction. For PEP transactions please
indicate whether general/single co PEP and if discretionary/non discretionary
Participation in The Royal Bank of Scotland Group plc Share Incentive Plan

7. Number of shares / amount of stock acquired
8

8. Percentage of issued class
-

9. Number of shares/amount of stock disposed
-

10. Percentage of issued class
-

11. Class of security
Ordinary Shares of 25p

12. Price per share
#16.64

13. Date of transaction
7 January 2004

14. Date company informed
8 January 2004

15. Total holding following this notification
154,516

16. Total percentage holding of issued class following this notification




If a director has been granted options by the company please complete the
following boxes.

17. Date of grant




18. Period during which or date on which exercisable




19. Total amount paid (if any) for grant of the option




20. Description of shares or debentures involved: class, number




21. Exercise price (if fixed at time of grant) or indication that price is to be
fixed at time of exercise




22. Total number of shares or debentures over which options held following this
notification




23. Any additional information




24. Name of contact and telephone number for queries
Hew Campbell, Head of Group Secretariat

0131 523 2002

25. Name and signature of authorised company official responsible for making
this notification
Hew Campbell, Head of Group Secretariat

Date of Notification
8 January 2004

The FSA does not give any express or implied warranty as to the accuracy of this
document or material and does not accept any liability for error or omission.
The FSA is not liable for any damages (including, without limitation, damages
for loss of business or loss of profits) arising in contract, tort or otherwise
from the use of or inability to use this document, or any material contained in
it, or from any action or decision taken as a result of using this document or
any such material.





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