NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS IN ACCORDANCE WITH DTR 3.1.4R AND DTR 3.1.2R
1. Name of the issuer - The Royal Bank of Scotland Group plc
2. Name of person discharging managerial responsibilities/director
Ellen Alemany
3. Indicate whether the notification is in respect of a holding of the person referred to in 2 above or in respect of a non-beneficial interest
In respect of a holding of the person referred to in 2
4. Description of shares (including class), debentures or derivatives or financial instruments relating to shares
Ordinary shares of £0.25
5. Name of registered shareholder(s) and, if more than one, the number of shares held by each of them
Computershare Nominee Service Account
6. State the nature of the transaction
Sale of 2,320,327 ordinary shares at £0.211 per share effected to meet an immediate tax liability, which arose on the vesting and exercise of nil-cost share options over 4,939,545 ordinary shares awarded under The Royal Bank of Scotland Group plc 2001 Medium-Term Performance Plan. Ms Alemany has retained 2,619,218 ordinary shares.
7. Number of shares, debentures or financial instruments relating to shares acquired
4,939,545
8. Number of shares, debentures or financial instruments relating to shares disposed
2,320,327
9. Date and place of transaction
22 May 2012
10. Date issuer informed of transaction
22 May 2012
11. Name of contact and telephone number for queries
Group Media Relations - +44(0)131 523 4205
Name and signature of duly authorised officer of issuer responsible for making notification
Aileen Taylor, Group Secretary
Date of notification - 23 May 2012