27th Sep 2005 11:25
Royal Bank of Scotland - Syndicate27 September 2005 Not for distribution, directly or indirectly, in or into the United States orany jurisdiction in which such distribution would be unlawful. The Royal Bank of Scotland Group plc Stabilisation Notice The Royal Bank of Scotland plc, (contact: Dorothy Comery, 0207 085 1368/ClareMills, 020 7085 8092) hereby gives notice that the Stabilising Manager(s) namedbelow may stabilise the offer of the following securities in accordance withCommission Regulation (EC) No. 2273/2003 implementing the Market Abuse Directive(2003/6/EC). The securities:Issuer: The Royal Bank of Scotland Group plcAggregate nominal amount: £400,000,000Description: FRN 2007Offer price: 100%Other offer terms: 3m £ Libor FlatStabilisation:Stabilising Manager(s): The Royal Bank of Scotland plcStabilisation period expected 27th September 2005to start on:Stabilisation period expected For a maximum of 30 days after the proposed issue date of theto end no later than: securitiesMaximum size of over-allotment 5% of the aggregate nominal amount stated above.facility: In connection with the offer of the above securities, the Stabilising Manager(s)may over-allot the securities or effect transactions with a view to supportingthe market price of the securities at a level higher than that which mightotherwise prevail. However, there is no assurance that the Stabilising Manager(s) will take any stabilisation action and any stabilisation action, if begun,may be ended at any time. This announcement is for information purposes only and does not constitute aninvitation or offer to underwrite, subscribe for or otherwise acquire or disposeof any securities of the Issuer in any jurisdiction. This announcement is only directed at, and the securities are only available to,persons having professional experience in matters related to investments andhigh net worth companies and other persons to whom article 49(2) of theFinancial Services and Markets Act 2000 (Financial Promotion) Order 2001 appliesand should not be acted on by others. To the extent that the offer of the securities is made in any EEA Member Statethat has implemented Directive 2003/71/EC (together with any applicableimplementing measures in any Member State, the "Prospectus Directive") beforethe date of publication of a prospectus in relation to the securities which hasbeen approved by the competent authority in that Member State in accordance withthe Prospectus Directive (or, where appropriate, published in another MemberState and notified to the competent authority in that Member State in accordancewith the Prospectus Directive), the offer is only addressed to qualifiedinvestors in that Member State within the meaning of the Prospectus Directive orhas been or will be made otherwise in circumstances that do not require theIssuer to publish a prospectus pursuant to the Prospectus Directive. This announcement is not an offer of securities for sale into the United States.The securities have not been, and will not be, registered under the UnitedStates Securities Act of 1933 and may not be offered or sold in the UnitedStates absent registration or an exemption from registration. There will be nopublic offer of securities in the United States. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
RBS.L