RNS Number:0600N
Royal Bank of Scotland PLC
29 June 2000

To:   Company Announcements Office

As Agent Bank, please be advised of the following rate determined on the
29/JUN/2000.

Issue:            ROYAL BANK OF SCOTLAND - SERIES 40
                  #20,000,000 (MTN) FRN DUE 29/6/2001
ISIN NO:          XS0062425706               
Issue Nominal GBP:20,000,000.00
Period:           29/JUN/2000    To   29/SEP/2000     Payment Date  29-SEP-2000
Number of Days:   92
Rate:             6.22375                       
Denomination GBP: 100,000.00
Amount Payable
Per Denomination: 1,568.73

From:
Jane Slate                           Telephone 44 (0) 1202 34 1286
Capital Markets Fiduciary Services   Facsimile 44 (0) 1202 34 7939

END

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