The Royal Bank of Scotland plc - Stabilisation Notice

Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.

LONDON--()--

Regulatory News:

Bank Nederlandse Gemeenten (BNG)

Stabilisation Notice

The Royal Bank of Scotland plc (contact: Rom Balax; +44 20 7085 6268) hereby gives notice that no stabilisation, within the meaning of the rules under Commission Regulation (EC) No. 2273/2003 implementing the Market Abuse Directive (2003/6/EC), was undertaken by the Stabilising Manager(s) named below in relation to the offer of the following securities.

Issuer:   Bank Nederlandse Gemeenten (BNG)
Guarantor (if any): None
Aggregate nominal amount: USD 2.5bn
Description: 2-year US dollar RegS XS1418791973 /144a US62944BBJ26 fixed rate transaction
Stabilising Manager(s) The Royal Bank of Scotland plc (co-ordinating stabilisation manager)

Goldman Sachs International

HSBC Bank plc

Nomura International Plc

This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction.

This announcement is not an offer of securities for sale into the United States. The securities referred to above have not been, and will not be, registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration. There has not been and will not be a public offer of the securities in the United States.

Contacts

The Royal Bank of Scotland plc
Rom Balax
+44 20 7085 6268

Contacts

The Royal Bank of Scotland plc
Rom Balax
+44 20 7085 6268