The Royal Bank of Scotland plc - Company Announcem

                                                30,000 OPEN END CERTIFICATES ON THE RBS UKRAINE INDEX

ISIN: NL0006120727

(the “Securities”)

ISSUE DATE: 13 November 2007

The Royal Bank of Scotland plc is the issuer (the “Issuer”) of the above mentioned Securities (pursuant to a banking business transfer scheme approved by the Court of Session in Scotland on 23 September 2011). 

Issuer Call

In accordance with its notice obligations under the General Condition 4 (Notices), the Issuer hereby gives notice that it is exercising its right to redeem all of the outstanding Securities pursuant to the Issuer Call provision under Product Condition 3(b) (Issuer Call).  The Securities, upon termination pursuant to the Issuer Call, entitle their Holders to receive from the Issuer the Cash Amount on the Settlement Date.

For the purposes of the Issuer Call:

1. the Issuer Call Date will be 17 January 2014;
2. the Issuer Call Notice Period commences on 18 October 2013 and will expire on the Issuer Call Date.

Capitalised terms not defined in this notice shall have the same meaning given to them in the conditions of the Securities.

For further information, please contact the Issuer.

Notice to Holders: Issuer Call