In the Court of Session

Scotland

P1163/17

THE ROYAL BANK OF SCOTLAND PLC

- and -

ADAM & COMPANY PLC

- and -

NATIONAL WESTMINSTER BANK PLC

Notice is hereby given that on 17 November 2017, a Petition was presented to the Court of Session in Scotland (the "Court") by The Royal Bank of Scotland plc ("RBS plc") (registered in Scotland, with the registered number SC090312, and whose registered office is at 36 St Andrew Square, Edinburgh EH2 2YB), Adam & Company PLC ("Adam") (registered in Scotland, with the registered number SC083026, and whose registered office is at 25 St Andrew Square, Edinburgh EH2 1AF) and National Westminster Bank Plc ("NatWest") (registered in England, with the registered number 929027, and whose registered office is at 135 Bishopsgate, London EC2M 3UR) for an order of the Court, under Part VII of the Financial Services and Markets Act 2000, sanctioning a ring-fencing transfer scheme (the "Scheme") for the transfer of certain personal and business banking and commercial banking businesses of RBS plc to Adam and NatWest.

Copies of the Petition, the full terms of the Scheme, a summary of its principal terms, the report of the skilled person relating to the Scheme and a summary of that report are available, free of charge, at www.rbs.com/ring-fencing or on request from RBS plc at 36 St Andrew Square, Edinburgh EH2 2YB. A copy of any supplementary report of the skilled person will, if provided, also be so available. All of those documents will be available until the date of the Court hearing to sanction the Scheme. That date is currently expected to be 22 March 2018. If the Scheme is sanctioned at that hearing, the effective date of the Scheme will be 30 April 2018 or any later date which RBS plc, Adam and NatWest may agree with the Prudential Regulation Authority and the Financial Conduct Authority.

As ordered by the Court, RBS plc will publish a series of notices in relation to the Petition. They are expected to be published in The London Gazette, The Edinburgh Gazette and The Belfast Gazette, the Financial Times (including the international editions), The Scotsman, The Daily Record, The Daily Mail (Scottish and English editions) and The Sun (Scottish and English editions).

Any person who considers that they would be adversely affected by the carrying out of the Scheme has two alternative ways of making sure the Court considers their views.

They have the right to lodge formal written objections (known as "Answers") with the Court. If any person wishes to lodge Answers, they should seek independent legal advice. Answers are a formal Court document which must comply with the rules of the Court and are normally prepared by Scottish legal counsel. Answers must be lodged with the Court at Parliament House, Parliament Square, Edinburgh EH1 1RQ within 42 days of the publication of the last of these notices, which is expected to be on or around 27 November 2017. The deadline for lodging Answers is 8 January 2018. In addition, Answers must be accompanied by a fee to the Court.

The Court will also consider any other informal objections to the Scheme which are made in writing or in person at the hearing to consider approving the Scheme. If any person wishes to object in writing or in person at that hearing, they need to send, by post or by hand, a written statement of their views to the Court (at the above address) and RBS plc (at the above address). The written statement also needs to be sent to the Prudential Regulation Authority, either by post to The Royal Bank of Scotland, Prudential Regulation Authority, Bank of England, Threadneedle Street, London EC2R 8AH or by submitting it online at http://www.bankofengland.co.uk/pra/Pages/authorisations/structuralreform/representations.aspx.

If any person wishes to object in this way, they need to do this by 5 p.m. on 23 February 2018, in order to ensure that the Court will consider their objection at the hearing to consider approving the Scheme. No fee is payable to the Court for objecting in this way.

The Court may also consider any objections made in writing or in person at the hearing to consider approving the Scheme, although it may not do so if the process for objecting described above has not been followed.

This notice is given pursuant to section 110 of the Financial Services and Markets Act 2000.

Date 24 November 2017

CMS Cameron McKenna Nabarro Olswang LLP

Solicitors to RBS plc, NatWest and Adam