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 Capital Protected Notes

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Commodities       Equities       FX       Indices

                                                    View performance over: 1 day

                                                         (V): Quotation from yesterday
Market                   Last price      Performance     % Products Document Constituents Chart
ALCOA                    11.97                           -1.07 %**
Amazon.com               199.19                          -1.76 %**
Apple                    371.14                          +0.13 %**
Bank America Corp        7.12                            -1.93 %**
Bristol Myers Sq         26.82                           -0.07 %**
Cisco Systems            13.968                          +0.17 %**
Citigroup                29.66                           -4.54 %**
Dell Computer            14.062                          -1.39 %**
Exxon Mobil Cp           70.40                           +0.57 %**
Ford Motor               10.65                           -1.84 %**
General Electric         15.44                           -1.53 %**
GOOGLE                   559.12                          -1.36 %**
Intel                    (V) 23.03                       +0.09 %**
JP Morgan Chase and Co.  35.26                           -1.56 %**
Mastercard               316.24                          +1.84 %**
Microsoft                24.72                           -1.17 %**
Motorola                 39.89                           -0.42 %**
Oracle Corp              27.30                           +2.25 %**
Pfizer                   17.40                           -0.06 %**
Research In Motion       22.74                           -1.00 %**
Schlumberger Ltd         75.95                           -0.59 %**
Starbucks                35.40                           -0.76 %**
US Steel Corp            30.06                           +0.27 %**
Visa Inc                 80.83                           -0.36 %**
Walt Disney              31.72                           -7.58 %**
Wells Fargo and Company  24.05                           -0.37 %**
Yahoo                    12.01                           +0.80 %**

Please read the relevant prospectus, which contains material terms of the
securities and important risks that you should consider, before investing. If
the securities are Capital Protected Notes, please bear in mind that they
protect your principal invested only against any decline in the underlying
market measure at maturity. They are not guaranteed or insured by the Federal
Deposit Insurance Corporation (FDIC) or secured by collateral, nor are they
obligations of or guaranteed by the UK government. All payments due on Capital
Protected Notes remain subject to the credit risk of the issuer and its parent
company.

Information on the website regarding the performance of a security or the
underlying or any other financial instrument always relates to the past. Past
performance is not indicative of future results.

Disclaimer

SEC Legend

The Royal Bank of Scotland N.V. ([]RBS N.V. []) and The Royal Bank of Scotland
plc ([]RBS plc[]) have each filed a registration statement (including a
prospectus) with the United States Securities and Exchange Commission (the
[]SEC[]) for the offering of securities that are issued by RBS N.V. and
guaranteed by RBS Holdings N.V. or that are issued by RBS plc and guaranteed by
The Royal Bank of Scotland Group plc. Before you invest in any securities
referenced on this website, you should read the prospectus in the relevant
registration statement and other documents that have been filed with the SEC for
more complete information about relevant issuer and guarantor, and their
respective offerings. You may get these documents for free by visiting EDGAR on
the SEC[]s website at www.sec.gov. Alternatively, RBS N.V., RBS plc, or their
affiliates will arrange to send you the prospectus if you request it by calling
toll free 1 -(888) 644- 2048.

** From close of business yesterday

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