RNS Number:6265N
Royal Bank of Scotland PLC
10 July 2000

To:   Company Announcements Office

As Agent Bank, please be advised of the following rate determined on the
10-JUL-2000

Issue:                 THE ROYAL BANK OF SCOTLAND PLC - SERIES 104
                       #3,000,000 (MTN) FRN DUE 9TH JULY 2002
ISIN NO:               XS0099772104
Issue Nominal GBP:     3,000,000.00
Period:                10-JUL-2000  To   09-OCT-2000  Payment Date  09-OCT-2000
Number of Days:        91
Rate:                  6.62688                   
Denomination GBP:      100,000.00
Amount Payable
Per Denomination:      1,647.67

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