E-Commerce

rbsm.com

RBSMarketplace

Your business can raise its performance with RBS’s comprehensive range of electronic trading tools. Easy to access, fast and simple to use, each tool comes with dedicated support at every step of the trading process. Together, they give your trading teams the choice, flexibility and transparency they need to succeed.

The RBSMarketplace (rbsm.com) platform brings all this together in one convenient portal and delivers an extensive range of proprietary trading applications to give you flexibility in your trading across our products. You can also use the world’s leading third-party platforms and access the liquidity you need, when you need it.

RBSMarketplace enables you to:

• ManageyourForeignExchangemoreeffectively,efficientlyand flexibly with our integrated electronic trading solutions

• Learnaboutourextensiveliquidityandelectronictradingofferingfor FixedIncomeproducts

• Combinesecurityandperformancewithaccesstoextensiveliquidity using our Money Markets services

• Analyseandtradeourawardwinningsecuritisedproductsthrough fast and powerful electronic tools

Draw on the proven capability and liquidity of RBS’s E-Commerce offering

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RBSMarketplace allows you to choose from an extensive range of easy to access electronic services and applications

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Manage your FX execution more effectively, efficiently and flexibly RBSMarketplace – our world class electronic trading platform – provides a singleplatformforallyourFXexecution.

FXStreamStreaming real-time updates and one-click/two-click dealing for over 100 direct rates and crosses, including liquid local market currencies(ZAR,MXN,etc).*

FX Quote Arequestforstreamplatformofferingauto-priced spot/outright and swap quotes out to one year. You can also trade manually priced quotes for larger or longer-dated trades.

FX Electronic OrderbookSubmitorders,leavestoploss/takeprofitand call orders. Easy to use, this feature allows manual submission and online order management in addition to STP connectivitywithyourownsystem.*

RBS FiXProvidingyouwithatransparentFX execution framework for centralised executionmanagement.RBSFiX,poweredby the EBS benchmarks, is RBS’s benchmarkexecutionstyleserviceinFX.Seamlessly integrated within rbsm.com it provides the ideal benchmark service for corporate users, fund managers and financialinstitutions.*

FX OptionsFlexiblepricingandtradingforbothvanillaand exotic options, in a wide variety of currency pairs, along with streaming pricing grids showing both volatility and premiumprices.Benefitfromdualcurrencyinvestments and a sophisticated portfolio management tool allowing you to analyse, manageandviewallRBSFXrelatedtrades,whetherexecutedofflineoronline.*

Manage your FX execution with the flexibility and speed you need

FXStream:Streamingreal-timepriceswithone-click/two-click dealing for an extensive range of direct rates and crosses.

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FXmicropayFXmicropayisourmulticurrency pricingservice.Itlinkstoyourmerchantretail systems directly into our wholesale FXsystems.Thisenablesyoutoreceivehighly competitive foreign exchange rates.

Multibank platformsRBS provides competitive pricing and liquidity to all major third-party platforms includingFXAll,360T,Currenex,Tradeweb,Bloomberg,FXConnect,Integral,Lava andReutersRTFX.*

API ConnectivityAccesstheRBSMFXproductofferingsviaonlineGUIorAPI.*STP(StraightThroughProcessing) is available now from RBSMarketplace to your treasury system.

*RBSPlconly

FXElectronicOrderbook:Submit,linkandmanagestoploss,takeprofitandcallorders.

RBSFiX:TransparentFXexecutionthroughtheindependently audited RBS benchmark system.

*RBSPlconly

FXQuote:Requestforquotewithauto-pricedspot,outright and swaps out to 1 year.

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Access RBS’s strong liquidity through a choice of key plaforms

To give you faster, more flexible and robust waysofbenefitingfromourliquidity,weprovide pricing and execution across key platforms such as Bloomberg, BondVision, MarketAxessandTradeweb.

Credit Benefit from fast, easy access to live pricing and automated execution • Fullliquidityacrossmajorcreditsectors for EUR, GBP and USD denominated financials,corporates,floatingrate notes(FRNs),asset-backedsecurities (ABS)andhighyieldbonds • Pricingandelectronicexecution CEEMEAandLatAmlocalmarket corporates and sovereigns

Rates Access liquidity with strength • Auto-executionofgovernmentbonds (including inflation linked bonds) with broadcoverageacrossgilts,AUD,EUR and SEK denominated government bonds, US treasuries and Japanese government bonds • EURandUSDdenominatedbills • EUR,GBPandUSDdenominated sovereigns, supranationals, agencies and covered bonds • PrincipalandcouponstripsinFrench, German,Italian,Belgian,Dutchand Spanish bonds • Localmarketeurobondswithprice distribution and electronic trading of more than 500 instruments across 15 different currencies • Apioneeringinflationofferingthat includes pricing and auto-execution in EUHICPxt,French,Japanese, Australian,USandEurozonedomestic consumerpriceindex(CPI)

Derivatives Choose from a comprehensive range of market-defining products • Real-timeexecutablebid/offerpricesfor EUR, USD, GBP, JPY, SEK, and DKK interest rate swaps right across the curve and against a variety of indices including inflation

• Fullcustomisationofdatesandrolls, “spread” and “fly” combinations and “spreads versus treasuries” across all products • InflationSwaps:HICPxt,FrenchCPI, andUKRetailPriceIndexcapita(RPI)swaps for auto execution alongside indicative forward pricing on a wide variety of other indices • CreditDefaultSwaps(CDS):Pricing andexecutionofiTraxxandCDX indices on a request for quote or request for market basis with real-time credit checking • SovereignCDS:“View-only”pricingfor European and G10 sovereigns

*Productandserviceavailabilitydependsoncountry

Fixed income services*

RBS provides pricing and execution across key third

party platforms

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Money Markets To synchronise the price distribution and electronic execution capabilities of our money market products, you can access a comprehensive series of electronic services on both rbsm.com and third party platforms.

Money Market Deposits* Capitalise on our size and rating to access liquidity with strength• Autopricedepositsandrolloversin up to 21 currencies through the Money Markets module on rbsm.com • Placedepositsfromovernightouttoone year, with non-standard periods available • YoucanalsoplacedepositswithRBS through supported third-party platforms

Commercial Paper Giving you maximum flexibility to meet short-term obligations • Functionalitytoallowaquotetobe raised for primary and secondary EuropeanCommercialPaper**

Global Treasury Funds – get the security, liquidity and performance your clients needEasy access to the RBS suite of Money Market funds – known as Global Treasury Funds–clientscanaccessGTFdailyonline through RBS Trade on RBSM for their short-term cash requirements.

AvailableinGBP,EURandUSD,GTFprovideinvestorswithdiversifiedexposure to a range of highly rated money marketinstruments.Allsub-fundscanbemarketed to the public in the following jurisdictions:Germany,Ireland, UnitedKingdom,LuxembourgandGibraltar.

Throughthesystemuserscan: • Subscribe(deposit)orredeem (withdraw funds with immediate acknowledgement of orders)

• Viewbalances

• Viewandprintstatements

• Obtainperformancedataanddownload for use at any time

• Viewallfundyieldswhichareupdated on a daily basis

Benefit from global reach and world class rating

MoneyMarkets:Requestforquotewithauto-priceddeposit rates in up to 21 currencies

*Maybesubjecttocountrydisclosurerequirements,pleasespeaktoyourRBSRelationshipManager**RBSPlconly

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Algorithmic Solutions Utilise our algorithmic solution services and tools to help you optimise returns. Ourofferingcovers:

• Modellingthemarketstogenerate systematic sources of excess return

•Portfolioconstruction,optimisationand asset allocation

• Transactioncostanalysis

RBS Agile™A unique trading system from one of the world’s top FX housesRBSAgileputsRBS’spowerfultradingpresence, deep market insight and innovative technology to work for you – aroundtheclock.Inthepast,hedginganoptions portfolio meant you had to monitor the market constantly and execute a variety of complex tasks manually. RBSAgileautomatesmanyaspectsofmanaging gamma risk. This allows you to hedge more frequently, capturing opportunities that would otherwise be missed.

Itruns24hoursaday,watchingthemarketso you don’t have to.

RBS Smart Prime RBS enables price aggregation, anonymous execution and direct market access hosted on rbsm.com. The Smart Prime serviceencompassesFiXprotocolintegrationto our dealing services. Together with integration to our post trade services, it provides the ideal service for high net worth clients.

RBSSmartPrime:EnablesdirectmarketaccessviaeitherapriceaggregationGUIorFIXprotocol

RBSAgile:Asuiteofderivativealgorithmtoolsthatenableclientstoautomate their gamma hedging and more

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Research and Strategy Ourindustry-leadingresearchandstrategyteam produces original investment themes and insights focused on the critical market issues. We pride ourselves on providing what we believe to be the best solutions for our clients’ business needs through innovative ideas, a collaborative culture and a combination of global and local expertise. To achieve our goal of consistently exceeding client expectations, individuals are encouraged to fully leverage their unique skills and abilities and operate freely without constraints which could lessen their effectiveness. Clientscometousforintelligentsolutionstocomplexproblemsandforinsightsinto: • Rates • Economics • Foreignexchange • Credit • Asset-backedsecurities • Emergingmarkets • Commodities

You can also access our world class research and strategy material and monitor a broad array of reports through mobile devices, using our mobile apps for the iPad™ and the Blackberry® Playbook™.

Equities and Structured Retail* Giving you fast access to our award winning equities and retail structured productsRBS acts as your single point of electronic access to a comprehensive range of multi-asset structured products listed on the exchange.

Derivatives Offeringyouover30,000productsin 25 markets worldwide

Exchange-traded structured productsRBS specialises in devising listed structured products on your behalf, with a presence on major exchanges in Europe, USandAsiaPacific.

We offer you a range of products – includingwarrants,certificatesandexchange-tradedfunds(ETF)–acrossmultiple asset classes, giving investors exposure on anything from single stocks, FXandinterestratesthroughtoourrangeof over 100 customised indices.

Third Party Platforms - choose your medium OnBloombergourproductsspanFX, FXoptions,rates,credit,moneymarkets,emerging markets and equity derivatives acrossglobaltimezones.Wedeliverthefull complement of Tradeweb’s interest rate derivative offering. Wemakefixedincomepricesavailableinallcurrenciesinfinancials,supranationals,asset-backed securities, high yield and coveredbondsonMarketAxess,andinEuro Government Bond, UK Gilts and US treasury liquidity on BondVision. Finally,weofferservicesonallthemajorglobalFXthird-partyplatforms,includingCurrenex,FXConnect,HotspotFXI,360T,Lava,Reuters,FXAllandTradeweb. Ourfuturescoveragespansthemajorglobal exchanges.

*Productandserviceavailabilitydependsoncountry

Access our fast, integrated, global trading platform

View your ‘real time’ trades or search your full history with our Online Post Trade Services tool. Access bespoke reports and monitor a wide range of positions through FuturesView, our global clearing, reporting and reconciliation portal. For FX, our Prime Services applications deliver single or cross-asset credit intermediation and portfolio margining, as well as a variety of STP (Straight Through Processing) solutions.

Access the service either online through RBSMarketplace or, for FX trades, directly through your Application Programme Interface (API). What is more, you can combine the service with a range of our E-Commerce solutions, including FXStream, FX Electronic Orderbook, FXmicropay and RBS FiX.

OPTS is simple to use and gives you a clear picture of your trading activity in a completely secure environment. Whatever kind of trading you are involved in – whether FX or money markets – you can be that deal information has been stored accurately, and can be easily accessed and audited.

Experience real partnership Behind RBSMarketplace lies intelligence and responsiveness. Experts from our business, technology and operations teams will work with you to make sure you get the support you need.

RBSMarketplace enables you to monitor and understand

products and services to suit your trading needs.

Intelligent and responsive Online Post Trade Services

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InregionswhereweoperateasRBSPlc,we offer the full list of services described in this brochure.

RBS Plc offices: Frankfurt Hong Kong London Madrid Milan Paris Singapore Stamford Sydney Tokyo

Inregionswhereweoperateas RBSNV,weofferFXRFQ/FXStream and Money Markets

RBS NV: China has 4 trading centres: RBS(China)Beijing RBS(China)Chengdu RBS(China)Shanghai RBS(China)Shenzhen

India has 4 trading centres: RBSNVBangalore RBSNVChennai RBSNVDelhi RBSNVMumbai

Czech Republic: RBS Praha Dubai:RBSDubaiNV Hong Kong:RBSNVHongKong Indonesia:RBSNVJakarta Kazakhstan:SBRBSKazakhstan Malaysia: RBS Berhad Malaysia Mexico:RBSMexicoSA Netherlands:AmsterdamNV Poland:RBSBankPolskaSA (PendingRegulatoryApproval) Russia:RBSZAOMoscow Singapore:RBSNVSingapore Thailand:RBSNVBangkok

E-Commerce distribution network

Key

Regional hubs

Tokyo

Hong Kong

Stamford

Singapore

London

Sydney

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RBSM.com ThirdPartyPlatforms* Contact

Foreign Exchange • • Fixed Income - Credit - Rates • - Derivatives Money Markets - Deposits - CommercialPaper • • - GlobalTreasuryFunds

RBS Smart Prime •

Algorithmic Solutions Equities •

Equities - Derivatives • •

Europe T:+44(0)2070856900

Americas T:+12038976024

Asia Pacific T:+6565185111

E:rbsmsupport@rbs.com

Visit us at rbs.com/equities

Visit us at rbs.com/markets

*Third-partyplatformsinclude360T,FXAll,Tradeweb,Reuters,FXConnect,Currenex,HotspotFXI, Lava,Bloomberg,MarketAxess,BondVision

Bloomberg;FX,FXoptions,rates,credit,moneymarkets,emergingmarkets,interestratederivatives, CDSandequityderivativesacrossglobaltimezones

Tradeweb;interestratederivatives,rates,credit,CDS,moneymarkets

MarketAxess;FixedIncomepricesavailableinallcurrenciesinfinancials,supranationals,asset backed securities, high yield and covered bonds

BondVision; Euro government bond, UK gilts and US treasury liquidity

To find out more, please visit rbsm.com or contact us:

Speak to us

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Our awards

#3 Overall Research

2010

BestBesBestBesst rarange oge oe offEExecExecutioutioion Ton Toolsols

PP&LP&L 20102010

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#5 E-TradingOverall

2011

#3 Securitisation & ABS

2011

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Product and service availability depends on country. Please consult your Relationship Manager.

The contents of this document are indicative and are subject to change without notice. This document is intended for your sole use on the basis that before entering into this, and/or any related transaction, you will ensure that you fully understand the potential risks and return of this, and/or any related transaction anddetermineitisappropriateforyougivenyourobjectives,experience,financialandoperationalresources, and other relevant circumstances. You should consult with such advisers as you deem necessary to assist you in making these determinations. The Royal Bank of Scotland plc (“RBS”) will not act and has not acted as your legal, tax, regulatory, accounting or investment adviser or owe any fiduciarydutiestoyouinconnectionwiththis,and/oranyrelatedtransactionandnoreliancemaybeplaced on RBS for investment advice or recommendations of any sort. RBS makes no representations or warranties with respect to the information and disclaims all liability for any use you or your advisers make of the contents of this document. However this shall not restrict, exclude or limit any duty or liability to any person under any applicable laws or regulations of any jurisdiction which may not lawfully be disclaimed.WherethedocumentisconnectedtoOverTheCounter(“OTC”)financialinstrumentsyoushouldbeawarethatOTCderivatives(“OTCDerivatives”)canprovidesignificantbenefitsbutmayalsoinvolveavarietyofsignificantrisks.AllOTCDerivativesinvolveriskswhichinclude(inter-alia)theriskofadverseorunanticipatedmarket,financialorpoliticaldevelopments,risksrelatingtothecounterparty,liquidityriskandotherrisksofacomplexcharacter.Intheeventthatsuchrisksarise,substantialcostsand/or losses may be incurred and operational risks may arise in the event that appropriate internal systems and controls are not in place to manage such risks. Therefore you should also determine whethertheOTCtransactionisappropriateforyougivenyourobjectives,experience,financialandoperationalresources,andotherrelevantcircumstances.RBSanditsaffiliates,connectedcompanies,employeesorclientsmayhaveaninterestinfinancialinstrumentsofthetypedescribedinthisdocumentand/orinrelatedfinancialinstruments.Suchinterestmayincludedealingin,trading,holding,or acting as market-makers in such instruments and may include providing banking, credit and other financialservicestoanycompanyorissuerofsecuritiesorfinancialinstrumentsreferredtoherein.

RBSisauthorisedandregulatedintheUKbytheFinancialServicesAuthority,inHongKongbytheHongKongMonetaryAuthority,inSingaporebytheMonetaryAuthorityofSingapore,inJapanbytheFinancialServicesAgencyofJapan,inAustraliabytheAustralianSecuritiesandInvestmentsCommissionandtheAustralianPrudentialRegulationAuthorityABN30101464528(AFSLicenceNo.241114)andintheUS,bytheNewYorkStateBankingDepartmentandtheFederalReserveBoard.ThefinancialinstrumentsdescribedinthisdocumentaremadeincompliancewithanapplicableexemptionfromtheregistrationrequirementsoftheUSSecuritiesActof1933.

IntheUnitedStates,securitiesactivitiesareundertakenbyRBSSecuritiesInc.,whichisaFINRA/SIPCmemberandsubsidiaryofTheRoyalBankofScotlandGroupplc.Singapore:ThismaterialisintendedsolelyfordistributiontoInstitutionalInvestors,AccreditedInvestorsandExpertInvestorsasdefinedinSection4Aofthe(Singapore)SecuritiesandFuturesAct,Chapter289.DubaiInternationalFinancialCentre:ThismaterialhasbeenpreparedbyTheRoyalBankofScotlandN.V.andisdirectedat“ProfessionalClients”asdefinedbytheDubaiFinancialServicesAuthority(DFSA).Nootherpersonshouldactuponit.Thefinancialproductsandservicestowhichthematerialrelateswillonlybemadeavailabletocustomerswhosatisfytherequirementsofa“ProfessionalClient”.ThisdocumenthasnotbeenreviewedorapprovedbytheDFSA.QatarFinancialCentre:ThismaterialhasbeenpreparedbyTheRoyalBankofScotlandN.V.andisdirectedsolelyatpersonswhoarenot“RetailCustomer”asdefinedbytheQatarFinancialCentreRegulatoryAuthority.Thefinancialproductsandservicestowhich the material relates will only be made available to customers who satisfy the requirements of a “BusinessCustomer”or“MarketCounterparty”.TheRoyalBankofScotlandplcisincertainjurisdictionsanauthorisedagentofTheRoyalBankofScotlandN.V.andTheRoyalBankofScotlandN.V.isincertainjurisdictionsanauthorisedagentofTheRoyalBankofScotlandplc.TheRoyalBankofScotlandN.V.,incorporatedintheNetherlandswithlimitedliability.RegisteredwiththeChamberofCommercein TheNetherlands,no33002587.

RBSNVisregulatedbytheCentralBankofUAE.TheRoyalBankofScotlandN.V.,establishedinAmsterdam,TheNetherlands.AuthorisedbyDeNederlandscheBankN.V.andregulatedbytheAuthorityfortheFinancialMarketsinTheNetherlands.

The Royal Bank of Scotland plc is in certain jurisdictions an authorised agent of The Royal Bank of ScotlandN.V.andTheRoyalBankofScotlandN.V.isincertainjurisdictionsanauthorisedagentof The Royal Bank of Scotland plc.

The Royal Bank of Scotland plc.RegisteredinScotlandNo.90312. RegisteredOffice:36StAndrewSquare,EdinburghEH22YB.

TheDAISYDevicelogo,RBS,THEROYALBANKOFSCOTLANDandBUILDINGTOMORROW are trade marks of The Royal Bank of Scotland Group plc.

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