Royal Bank of Scotland plc




As Agent Bank, please be advised of the following rate determined on: 13-Apr-2007

Issue               : The Royal Bank of Scotland plc - Series 380
                      EUR 130,000,000.00 FRN Due 17 July 2012
ISIN Number         : XS0146469738
Common Code/        : 14646973
144A ISIN
Issue Nomin     EUR : 130,000,000.00
Period              : 17-Apr-2007 to 17-Jul-2007          Payment Date 17-Jul-2007
Number of Days      : 91
Rate                : 4.36
Denomination EUR    : 10,000.00

Amount Payable
per Denomination    : 110.21

JPMorgan Chase Bank
Rate Fix Desk                           Telephone 44 (0) 1202 32 8226
Institutional Trust Services           Facsimille 44 (0) 1202 34 7939



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