THE ROYAL BANK OF SCOTLAND FINANCIAL MARKETS HIRES HEAD OF RATES FLOW AND LIQUID PRODUCTS SALES

13th June 2005

The Royal Bank of Scotland Financial Markets has today announced the appointment of Chris Fleming as Head of Rates Flow and Liquid Products Sales.

Chris joins RBS from UBS, where he has worked for the last seven years as Head of Liquid Product Sales Europe. He will be based in London and will report to Al Sinsheimer, Head of FI Rates and Credit Sales.

Commenting on the appointment, Al Sinsheimer said: "We are delighted that Chris has joined RBS. He brings with him a wealth of experience in Liquid Product Sales and his appointment represents a further important step in the development of our UK and European business in the Financial Institutions sector."

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