Product Type

Buffered
Capital Protected Notes
Reverse Exchangeable

Asset Class

Commodities
Equities
Interest Rates
Foreign Exchange

Quick Links

Current Offerings
Recently Issued
Top Movers

About Us

investor.products@rbs.com 1-866-747-4332

Home Products The Market My Markets

[GRAPHIC OMITTED]

Product Facts                             Performance and Statistics
Product type                    Buffered  Daily high                        94.89
Underlying                   S and P 500  Daily low                         94.57
Currency                             USD  Yearly high (08/09/10)            96.59
Maturity                        07/30/15  Yearly low (08/30/10)             93.12
SecurityBuffer                    20.00%  All Time High (08/09/10)          96.59
Strike                           891.072  All Time Low (08/30/10)           93.12
Settlement Date                 07/30/10
                                          Codes
                                          CUSIP                       78009KKC5

Top 5 Buffered
S and P 500 Digital Buffer   +0.28 %**
Note
S and P 500 Digital Buffer   +0.20 %**
Note
S and P 500 Index Digital    +0.15 %**
Buffer Note
S and P 500 Digital Buffer   +0.11 %**
Note
Annual Reset Coupon
Securities linked to the     +0.10 %**
S and P 500 Index
Download Prospectus (393 KB)

Please read the relevant prospectus, which contains material terms of the
securities and important risks that you should consider, before investing.

Disclaimer

*If you are an individual investor and would like additional information about
the current offerings above, please contact your broker-dealer or financial
advisor.

You should consult your financial and tax advisor to determine whether a
structured product is suitable for you and your investment needs and objectives.
You must make your own independent decisions regarding any securities or
financial instruments mentioned herein. You should consider whether an
investment strategy or the purchase or sale of any structured product is
appropriate for you in the light of your particular investment needs,
objectives, risk tolerance, and financial circumstances.

If you are a registered representative or a financial professional and would
like additional information about the offerings above, please contact Private
Investor Products North America at 1-866-PIP-IDEA (1-866-747-4332).

Information on the website regarding the performance of a security or the
underlying or any other financial instrument always relates to the past. Past
performance is not indicative of future results.

SEC Legend

The Royal Bank of Scotland N.V. ("RBS N.V.") and The Royal Bank of Scotland plc
("RBS plc") have each filed a registration statement (including a prospectus)
with the United States Securities and Exchange Commission (the "SEC") for the
offering of securities that are issued by RBS N.V. and guaranteed by RBS
Holdings N.V. or that are issued by RBS plc and guaranteed by The Royal Bank of
Scotland Group plc. Before you invest in any securities referenced on this
website, you should read the prospectus in the relevant registration statement
and other documents that have been filed with the SEC for more complete
information about relevant issuer and guarantor, and their respective offerings.
You may get these documents for free by visiting EDGAR on the SEC's website at
www.sec.gov. Alternatively, RBS N.V., RBS plc, or their affiliates will arrange
to send you the prospectus if you request it by calling toll free 1-(888)
644-2048.

** From close of business yesterday

                                        Terms and Conditions Privacy Statement