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THE ROYAL BANK OF SCOTLAND IS NO.1 ON BLOOMBERG FOREIGN EXCHANGE PLATFORM

24th May 2006

The Royal Bank of Scotland, Global Banking and Markets (RBS) has just been ranked no.1 on the Bloomberg Foreign Exchange (FX) Platform in the first quarter of 2006, in terms of FX trades by volume.

RBS’s traded volumes have grown significantly on the Bloomberg FX Platform demonstrating its capability to answer client needs and develop new and existing relationships. The Bloomberg FX Platform offers enhanced straight-through processing and greater FX trading functionality, allowing clients to track the markets, obtain news, use technical analysis and access research.

Commenting on the news, Yannos Hadjiioannou, FX eCommerce Product Development, said:

“RBS has always been at the forefront of delivering liquidity solutions to clients through the platform of their choice. We were the first bank to trade with clients through the Bloomberg platform and we are obviously delighted by this very clear confirmation that our clients value this service. Bloomberg has a great reputation and global franchise and we look forward to building upon this excellent foundation.”