EX-99.1 7 dp34785_ex9901.htm EXHIBIT 99.1
Exhibit 99.1
10 December 2012

The Royal Bank of Scotland Announces Substitution of The Royal Bank of Scotland plc and The Royal Bank of Scotland Group plc as Obligor and Guarantor Under Certain The Royal Bank of Scotland N.V. Notes
 
Further to the previous announcements made in relation to the Dutch Scheme1, RBS2 announced on 10 September 2012 that the final stage of the Dutch Scheme was implemented.  In connection with the Dutch Scheme, RBS3 announced today that as of 10 December 2012 (the “Effective Date”) The Royal Bank of Scotland plc and The Royal Bank of Scotland Group plc (“RBSG”) will be substituted as the obligor and guarantor, respectively, (the “Substitution”) with respect to certain notes issued by The Royal Bank of Scotland N.V. (“RBS N.V.”) and guaranteed by RBS Holdings N.V. (“RBSH”) pursuant to one or the other of two indentures, dated 27 November 2000 and supplemented on 18 September 2003, and 15 September 2006 (the “Indentures”).  The Substitution is permitted under Section 9.01 of the Indentures.  Securities issued by RBS N.V. and not guaranteed by RBSH will not be guaranteed by RBSG following the Substitution.

Note that these changes may not be immediately reflected in third party information systems, such as Reuters and Bloomberg.

The following securities will be transferred to RBS plc pursuant to the Substitution:

US78009KFL17
US78009L2097
US78009KNT50
US78009KSA15
US78009KRY00
US00079FBM32
US78009L3087
US78009KMT69
US78009KPQ93
US78009KPH94
US78009KQT24
US78009KPK24
US78009KMD18
US78009KPE63
US78009KMB51
US78009KQV79
US78009KQE54
US00079FQA39
US78009KRS32
US78009KMF65
US78009KQY19
US78009KSC70
US78009KLF74
US78009KMU33
US78009KNS77
US78009KAA07
US78009KSB97
US78009KNA69
US78009KME90
US78009KPR76
US00079FBR29
US78009KLH31
US78009KNR94
US78009KNB43
US78009KFP21
US00079FBX96
US78009KQU96
US78009KSD53
US78009KMG49
US78009KEF57
US00079FCY60
US78009KKC52
US78009KNQ12
US78009KMV16
US78009KAB89
US00079FDB58
US78009KHV70
US78009KQW52
US78009KRL88
US00079FHS48 
US78009L4077
US78009KRQ75
US78009KMZ20
US78009KRJ33
  

For Further Information Contact:
 
RBS Group Investor Relations
RBS Group Media Relations
 
Greg Case
Michael Strachan
+44 207 672 1759
+44 131 626 3997

Disclaimer
 
If you are in any doubt as to whether there is any tax or other impact on you, please discuss such matters with your advisers.

Cautionary Statement
The information, statements and opinions contained in this document do not constitute a public offer under any applicable legislation or an offer to sell or solicitation of any offer to buy any securities or financial


1
The Dutch Scheme refers to the transfer of a substantial part of the business conducted by RBS N.V. in the Netherlands as well as in certain EMEA branches of RBS N.V. (including the transfer of certain securities issued by RBS N.V.) by way of a Dutch statutory demerger to RBS II B.V. followed by a cross-border merger of RBS II B.V. into RBS plc.
 
2
This announcement was made by The Royal Bank of Scotland Group plc (“RBSG”), The Royal Bank of Scotland plc (“RBS plc”), RBS Holdings N.V. (formerly known as ABN AMRO Holding N.V.) (“RBS Holdings”), The Royal Bank of Scotland N.V. (formerly known as ABN AMRO Bank N.V.) (“RBS N.V.”) and RBS II B.V.
 
3
This announcement is made by RBSG, RBS plc, RBS Holdings and RBS N.V.
 
 
 
 
 
 
 
instruments or any advice or recommendation with respect to such securities or other financial instruments.