Registration Statement No. 333-162219
Dated November 18, 2011; Rule 433
The Royal Bank of Scotland Group plc has filed a registration statement (including a prospectus) with the U.S. Securities and Exchange Commission ("SEC") for the offering to which this free writing prospectus relates. Before you invest, you should read the prospectus dated September 30, 2009, the prospectus supplement dated September 13, 2011 and other documents Royal Bank of Scotland Group plc has filed with the SEC for more complete information about The Royal Bank of Scotland Group plc and this offering. Buyers should rely upon the prospectus, prospectus supplement and any pricing supplement for complete details. You may get these documents and other documents The Royal Bank of Scotland Group plc has filed for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, Barclays Capital Inc, or any other agent or dealer participating in this offering will arrange to send you the prospectus, prospectus supplement, preliminary pricing supplement, if any, and final pricing supplement (when completed) and this free writing prospectus if you request them by calling your Barclays Capital Inc. sales representative, such agent or dealer or 1-888-227-2275 (Extension 2-3430).