RNS Number:0492O
Royal Bank of Scotland PLC
18 July 2000


To:   Company Announcements Office

As Agent Bank, please be advised of the following rate determined on the
18-Jul-2000.

Issue:                The Royal Bank of Scotland plc - Series 117
                      GB#4,110,000 (MTN) FRN due 18th Oct 2004
ISIN NO:              XS0103524871                 
Issue Nominal GBP:    4,110,000.00
Period:               18-Jul-2000   To  18-Oct-2000   Payment Date 18-Oct-2000
Number of Days:       92
Rate:                 6.18219                         
Denomination GBP:     10,000.00
Amount Payable
Per Denomination:     155.40

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



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