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The Royal Bank of Scotland NV and the Royal Bank of Scotland PLC: To customers of RBS’s Investor Products and Equity Derivatives Business: Changes relating t

RBS is pleased to announce that BNP Paribas will assume market-making
responsibilities for certain RBS structured products (“Structured Products
”) listed on NDX, a regulated market operated by Nordic Growth Market NGM AB
”) segment from 11 December 2014. A list of these instruments is attached.

The transfer of the market-making responsibilities described above and the
provision of corresponding support services and information relating to RBS
Structured Products on the NDX has been designed to ensure a smooth
transition of the in-scope businesses to BNP Paribas. No further action needs
to be taken by customers at this stage, but any customer action that may be
required, or changes to the way in which you can access information about
your products, will be communicated in a timely way.

BNP Paribas, headquartered in Paris, has a local presence in about 80
countries including the Nordic countries. Since 2012, BNP Paribas has
established itself as one of the market leaders in the Swedish listed
products market, and has been a successful provider of products such as
single stock products in several countries, including Germany, France and
Hong Kong, for a number of years.

The primary contact point for investors in these products will continue to be
the relevant distributor.

RBS would like to take this opportunity to thank our customers for their
interest in RBS Structured Products over the years and wish you continued
success in your future investments.

This announcement is made by The Royal Bank of Scotland Group plc, The Royal
Bank of Scotland plc and The Royal Bank of Scotland N.V. (formerly known as
ABN AMRO Bank N.V.).

Författare NGN

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