THE ROYAL BANK OF SCOTLAND GROUP plc

DIVIDEND ON SERIES S NON-CUMULATIVE PREFERENCE SHARES OF US$0.01 FOR THE THREE MONTHS TO 30 SEPTEMBER 2017

The Directors have declared the specified dividend on the undernoted Series of non-cumulative preference shares of US$0.01 each, which are represented by American Depositary Shares, for the three months to 30 September 2017. Unless otherwise resolved by the Board, the dividend will be paid on 29 September 2017 at the undernoted rate to holders on the register at the close of business on 14 September 2017.

DIVIDEND ON SERIES U NON-CUMULATIVE PREFERENCE SHARES OF US$0.01 FOR THE SIX MONTHS TO 30 SEPTEMBER 2017

The Directors have declared the specified dividend on the undernoted Series of non-cumulative preference shares of US$0.01 each, for the six months to 30 September 2017. Unless otherwise resolved by the Board, the dividend will be paid on 29 September 2017 at the undernoted rate to holders on the register at the close of business on 14 September 2017.

DIVIDEND ON SERIES 1 NON-CUMULATIVE CONVERTIBLE PREFERENCE SHARES OF US$0.01 FOR THE SIX MONTHS TO 30 SEPTEMBER 2017

The Directors have declared the specified dividend on the undernoted series of non-cumulative convertible preference shares of US$0.01 each for the six months to 30 September 2017. Unless otherwise resolved by the Board, the dividend will be paid on 29 September 2017 at the undernoted rate to holders on the register at the close of business on 14 September 2017

DIVIDEND ON SERIES 3 NON-CUMULATIVE PREFERENCE SHARES OF €0.01 FOR THE YEAR TO 30 SEPTEMBER 2017

The Directors have declared the specified dividend on the undernoted Series of non-cumulative preference shares of €0.01 each, for the year to 30 September 2017. Unless otherwise resolved by the Board, the dividend will be paid on 29 September 2017 at the undernoted rate to holders on the register at the close of business on 14 September 2017.

DIVIDEND ON SERIES 1 NON-CUMULATIVE PREFERENCE SHARES OF £1.00 FOR THE THREE MONTHS TO 30 SEPTEMBER 2017

The Directors have declared the specified dividend on the undernoted series of non-cumulative preference shares of £1.00 each for the three months to 30 September 2017. Unless otherwise resolved by the Board, the dividend will be paid on 29 September 2017 at the undernoted rate to holders on the register at the close of business on 14 September 2017.

23 August 2017

Legal Entity Identifier: 2138005O9XJIJN4JPN90

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