The Royal Bank of Scotland N.V.
Implementation of Dutch Scheme

The Royal Bank of Scotland N.V. 

10.09.2012 09:00

Dissemination of a Adhoc News, transmitted by DGAP - a company of
EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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10 September 2012



Implementation of Dutch Scheme



Further to the previous announcements made in relation to the Dutch Scheme, RBS
is pleased to announce that the final stage of the Dutch Scheme was implemented
at 00:01hrs (British Summer Time) on 10 September 2012.1 



Clients will continue to deal, and conduct business, with their local RBS teams
as at present.2 





For Further Information Contact:

RBS Group Investor Relations        RBS Group Media Relations           
Greg Case, Debt Investor Relations  Michael Strachan, Group Media Centre
+44 207 672 1759                    +44 131 523 4414                    





1     This announcement is 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.) and The Royal Bank of Scotland N.V.
(formerly known as ABN AMRO Bank N.V.) ('RBS N.V.'). 





      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. (the 'Demerger')
followed by a cross-border merger of RBS II B.V. into RBS plc (the 'Merger'). 

      The Demerger took effect at 00:00hrs (Central European Summer Time) on 10
September 2012. The consequences of the Merger, as approved by the Court of
Session in Scotland, took effect at 00:01hrs (British Summer Time) on 10
September 2012. The Merger was the final stage of the Dutch Scheme. 

      The Deed of Irrevocable Offer (as described in the announcement dated 26
March 2012 made in relation to the Dutch Scheme and which has been executed by
RBS plc) and the undertakings given by RBS plc to the Court of Session in
Scotland in connection with that Deed and the Merger can be viewed at
http://www.investors.rbs.com/RBS_NV. 

2     Investors in securities originally issued by RBS N.V. and for which RBS
plc has become the issuer pursuant to the Dutch Scheme should note that certain
third parties (including stock exchanges and clearing systems) are updating
their websites and systems to reflect the change of issuer. This may not be
implemented immediately from the Effective Time. 

      Investors should refer to the website http://www.investors.rbs.com/RBS_NV
(for securities issued prior to 23 March 2012) or the issue and/or offer
documents (including term sheets) (for securities issued from on or around 23
March 2012) for information as to whether RBS plc has become the issuer of
their securities from the Effective Time as a result of the Dutch Scheme. 






Disclaimer



If you are in any doubt as to whether there is any tax or other impact on you
as a result of the proposed transfers of a substantial part of the business
activities of RBS N.V. to RBS plc (including the Dutch Scheme), 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 instruments or
any advice or recommendation with respect to such securities or other financial
instruments.
News Source: NASDAQ OMX



10.09.2012 DGAP's Distribution Services include Regulatory Announcements,
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Language:     English
Company:      The Royal Bank of Scotland N.V.
              
               
              Netherlands
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         NL0000723377
WKN:          
 
End of Announcement                             DGAP News-Service
 
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