20th Jun 2005 07:01
Royal Bank of Scotland Group PLC18 June 2005 The Royal Bank of Scotland Group plc ("RBS Group") RBS Group has entered into a settlement agreement with respect to the litigationbrought by the bankruptcy estate of Enron Corp. and certain of its affiliatesagainst a number of financial institutions, including certain members of the RBSGroup. The settlement for a net payment of US$20m, along with subordination ofcertain of its claims, recognises the very limited role of RBS in this dispute.RBS continues to defend vigorously the other Enron related actions into which ithas been joined as a defendant. 18 June 2005 Contact Details Hew Campbell Head of Group Secretariat Telephone 07836 765878 Carolyn McAdam Head of Media Relations Telephone 07796 274 968 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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