RBS legal entities and activities at 31 December 2013

Transcription

1 Activities and entities RBS legal entities and activities at 31 December 2013 Activity corresponds to the financial activities as scheduled in Annex I to the Capital Requirements Directive ( CRD IV ) and the definitions in Article 4 of the Capital Requirements Regulation. The accounting treatment denotes whether the entity is a subsidiary (full consolidation), associate (equity accounted) or an investment. Entities which were dormant or in the course of liquidation at the reporting date have been excluded. Country of Incorporation Entity Name Activity Accounting Treatment UK Region United Kingdom 5 Fifteen Limited Other (non-financial) Investment Accounting United Kingdom Acre 146 Limited Financial institution - Holding companies Full Consolidation United Kingdom Acre 147 Limited Financial institution - Holding companies Full Consolidation United Kingdom Adam & Company General Partner Limited Financial institution - Other Investment Accounting United Kingdom Adam & Company Group plc Financial institution - Holding companies Full Consolidation United Kingdom Adam & Company Investment Management Limited Financial institution - Other Full Consolidation United Kingdom Adam & Company plc Credit institution (bank) - EEA credit institution Full Consolidation United Kingdom Adam & Company Second General Partner Limited Other (non-financial) Investment Accounting United Kingdom Akasaka LLP Financial institution - Other Full Consolidation United Kingdom Apple Healthcare Scotland Limited Other (non-financial) Investment Accounting United Kingdom Aqualisa Holdings Limited Financial institution - Holding companies Investment Accounting United Kingdom Arran Cards Funding plc Securitisation Full Consolidation United Kingdom Arran Residential Mortgages Funding plc Securitisation Full Consolidation United Kingdom Arran Residential Mortgages Funding plc Securitisation Full Consolidation United Kingdom Aspire Oil Services Limited Other (non-financial) Equity Accounting United Kingdom Attlee Personal Loans Plc Securitisation Full Consolidation United Kingdom Attractions Inns Limited Other (non-financial) Investment Accounting United Kingdom Ballymore (London Arena) Limited Other (non-financial) Investment Accounting United Kingdom Bardsley Construction Holdings Limited Financial institution - Holding companies Investment Accounting United Kingdom BDL Select Hotels Limited Other (non-financial) Investment Accounting United Kingdom Becatech Holdings Limited Other (non-financial) Investment Accounting United Kingdom Big Beat Holdings Limited Other (non-financial) Equity Accounting United Kingdom Bowlplex Limited Other (non-financial) Investment Accounting United Kingdom Broadland Park Management Ltd Other (non-financial) Full Consolidation United Kingdom Broomco (3554) Limited Financial institution - Holding companies Equity Accounting United Kingdom Burridge Holdings Limited Other (non-financial) Equity Accounting United Kingdom Business Growth Fund plc Investment firm - EEA Investment firm Equity Accounting United Kingdom Cala Campus Ltd Other (non-financial) Proportionate Consolidation United Kingdom Care At Home (Wales) Ltd Other (non-financial) Investment Accounting United Kingdom Care Homes 1 Limited Financial institution - Other Full Consolidation United Kingdom Care Homes 2 Limited Financial institution - Other Full Consolidation United Kingdom Care Homes 3 Limited Financial institution - Other Full Consolidation United Kingdom Care Homes Holdings Limited Financial institution - Holding companies Full Consolidation United Kingdom Cart Corridor Joint Venture Company Limited Other (non-financial) Equity Accounting United Kingdom Charterhouse Japhet Finance Limited Financial institution - Other Full Consolidation United Kingdom Cheque & Credit Clearing Company Limited Financial institution - Other Investment Accounting United Kingdom Chez Gerard Restaurants Limited Other (non-financial) Equity Accounting United Kingdom Churchill Loan Asset Securitisation Programme, LLC Securitisation Full Consolidation United Kingdom Churchill Management Limited Financial institution - Other Full Consolidation United Kingdom Clearwater Hampers Limited Other (non-financial) Investment Accounting United Kingdom Cloud Electronics Holdings Limited Financial institution - Holding companies Investment Accounting United Kingdom CNW Group Limited Financial institution - Other Full Consolidation United Kingdom CNW Securities Japan (Holdings) Limited Financial institution - Other Full Consolidation United Kingdom Coneworx Limited Other (non-financial) Investment Accounting United Kingdom Coutts & Company Credit institution (bank) - EEA credit institution Full Consolidation United Kingdom Coutts Finance Co. Financial institution - Other Full Consolidation United Kingdom Desertlands Entertainment Limited Financial institution - Finance leases Full Consolidation United Kingdom Direct Line Insurance Group plc Insurance undertaking Investment Accounting United Kingdom Distant Planet Productions Limited Financial institution - Finance leases Full Consolidation United Kingdom Dixon Motors Developments Limited Other (non-financial) Full Consolidation United Kingdom Engica Technology Systems International Limited Other (non-financial) Investment Accounting United Kingdom Entaco Group Limited Financial institution - Holding companies Investment Accounting United Kingdom Euro Sales Finance plc Financial institution - Other Full Consolidation United Kingdom Even Southport Limited Other (non-financial) Investment Accounting United Kingdom Fairfield Labels Limited Other (non-financial) Investment Accounting United Kingdom Farming And Agricultural Finance Limited Financial institution - Finance leases Full Consolidation United Kingdom Ferrostatics Holdings Limited Financial institution - Holding companies Investment Accounting United Kingdom Forest Garden Group Limited Other (non-financial) Investment Accounting United Kingdom Funding For Equity Release Securitisation Transaction (No.4) Limited Conduits Full Consolidation United Kingdom Funding For Equity Release Securitisation Transaction (No.5) Limited Conduits Full Consolidation United Kingdom G L Trains Limited Financial institution - Finance leases Full Consolidation United Kingdom Galleria Holdings Limited Financial institution - Holding companies Investment Accounting United Kingdom Gatehouse Way Developments Ltd Other (non-financial) Full Consolidation United Kingdom Gl Lease Company No.10 Limited Financial institution - Finance leases Full Consolidation United Kingdom Greenock Funding No 5 Plc Securitisation Full Consolidation United Kingdom GRG Real Estate Asset Management (Great Britain) Limited Financial institution - Other Full Consolidation United Kingdom GRG Real Estate Asset Management (Northern Ireland) Limited Financial institution - Other Full Consolidation United Kingdom Grimsby Malting Retail Development Company Ltd Other (non-financial) Investment Accounting United Kingdom GWNW City Developments Limited Other (non-financial) Equity Accounting United Kingdom Haley Sharpe Design Limited Other (non-financial) Investment Accounting United Kingdom Heartlands (Central) Ltd Other (non-financial) Full Consolidation United Kingdom Helena Productions Limited Financial institution - Finance leases Full Consolidation United Kingdom High Trees Ltd Other (non-financial) Investment Accounting United Kingdom Higher Broughton (Gp) Limited Other (non-financial) Equity Accounting United Kingdom Higher Broughton Partnership Lp Other (non-financial) Equity Accounting United Kingdom Hillbridge Investments Limited Financial institution - Holding companies Investment Accounting United Kingdom Honroe (UK) Limited Financial institution - Other Full Consolidation United Kingdom Hurstwood Properties (R) Limited Other (non-financial) Investment Accounting United Kingdom Interbank On-Line System Limited Financial institution - Other Equity Accounting United Kingdom Intertain Limited Other (non-financial) Investment Accounting United Kingdom Isobel Assetco Limited Financial institution - Other Full Consolidation United Kingdom Isobel Equityco Limited Financial institution - Other Full Consolidation United Kingdom Isobel Finance Holdco No1 Limited Financial institution - Holding companies Full Consolidation United Kingdom Isobel Finance Holdco No2 Limited Financial institution - Holding companies Full Consolidation United Kingdom Isobel Finance No1 plc Financial institution - Other Full Consolidation United Kingdom Isobel Finance No2 plc Financial institution - Other Full Consolidation United Kingdom Isobel Holdco Ltd Financial institution - Holding companies Full Consolidation United Kingdom Isobel Intermediate Holdco Ltd Financial institution - Holding companies Full Consolidation United Kingdom Isobel Loan Capital Ltd Financial institution - Other Full Consolidation United Kingdom Isobel Mezzanine Borrower Ltd Financial institution - Other Full Consolidation United Kingdom Jaguar Cars Finance Limited Financial institution - Finance leases Full Consolidation United Kingdom JCB Finance (Leasing) Limited Financial institution - Finance leases Full Consolidation United Kingdom JCB Finance Limited Financial institution - Finance leases Full Consolidation United Kingdom JCB Finance Pension Ltd. Financial institution - Other Full Consolidation United Kingdom Judges Postcards Limited Other (non-financial) Investment Accounting United Kingdom Jupiter Hotels Holdings Limited Financial institution - Holding companies Equity Accounting United Kingdom Kangaroo Holdings Limited Financial institution - Holding companies Investment Accounting United Kingdom Knightsbridge Group Holdings Limited Financial institution - Holding companies Investment Accounting United Kingdom KUC (Public Houses) Limited Other (non-financial) Full Consolidation United Kingdom KUC Holdings Limited Financial institution - Holding companies Full Consolidation United Kingdom KUC Properties Limited Other (non-financial) Full Consolidation United Kingdom Land Options (East) Limited Other (non-financial) Equity Accounting United Kingdom Land Options (West) Limited Other (non-financial) Full Consolidation United Kingdom Leckhampton Finance Limited Financial institution - Finance leases Full Consolidation United Kingdom Lenmul Limited Financial institution - Other Full Consolidation United Kingdom Lewis & Hickey Limited Other (non-financial) Investment Accounting United Kingdom Libra No 1 Limited Financial institution - Other Full Consolidation United Kingdom Lombard & Ulster Limited Financial institution - Other Full Consolidation

2 United Kingdom Lombard Asset Leasing Limited Financial institution - Finance leases Full Consolidation United Kingdom Lombard Business Finance Limited Financial institution - Finance leases Full Consolidation United Kingdom Lombard Business Leasing Limited Financial institution - Finance leases Full Consolidation United Kingdom Lombard Charterhire Limited Financial institution - Finance leases Full Consolidation United Kingdom Lombard Corporate Finance (1) Limited Financial institution - Finance leases Full Consolidation United Kingdom Lombard Corporate Finance (10) Limited Financial institution - Finance leases Full Consolidation United Kingdom Lombard Corporate Finance (11) Limited Financial institution - Finance leases Full Consolidation United Kingdom Lombard Corporate Finance (13) Limited Financial institution - Finance leases Full Consolidation United Kingdom Lombard Corporate Finance (14) Limited Financial institution - Finance leases Full Consolidation United Kingdom Lombard Corporate Finance (15) Limited Financial institution - Finance leases Full Consolidation United Kingdom Lombard Corporate Finance (3) Limited Financial institution - Finance leases Full Consolidation United Kingdom Lombard Corporate Finance (5) Limited Financial institution - Finance leases Full Consolidation United Kingdom Lombard Corporate Finance (6) Limited Financial institution - Finance leases Full Consolidation United Kingdom Lombard Corporate Finance (7) Limited Financial institution - Finance leases Full Consolidation United Kingdom Lombard Corporate Finance (December 1) Limited Financial institution - Finance leases Full Consolidation United Kingdom Lombard Corporate Finance (December 2) Limited Financial institution - Finance leases Full Consolidation United Kingdom Lombard Corporate Finance (December 3) Limited Financial institution - Finance leases Full Consolidation United Kingdom Lombard Corporate Finance (June 2) Limited Financial institution - Finance leases Full Consolidation United Kingdom Lombard Corporate Finance (March 1) Limited Financial institution - Finance leases Full Consolidation United Kingdom Lombard Corporate Finance (September 1) Limited Financial institution - Finance leases Full Consolidation United Kingdom Lombard Discount Limited Financial institution - Finance leases Full Consolidation United Kingdom Lombard Facilities Limited Financial institution - Finance leases Full Consolidation United Kingdom Lombard Finance Limited Financial institution - Finance leases Full Consolidation United Kingdom Lombard GATX Holding Ltd Financial institution - Holding companies Equity Accounting United Kingdom Lombard Home Loans Limited Financial institution - Other Full Consolidation United Kingdom Lombard Initial Leasing Limited Financial institution - Finance leases Full Consolidation United Kingdom Lombard Leasing Contracts Limited Financial institution - Finance leases Full Consolidation United Kingdom Lombard Lessors Limited Financial institution - Finance leases Full Consolidation United Kingdom Lombard Maritime Limited Financial institution - Finance leases Full Consolidation United Kingdom Lombard North Central Leasing Limited Financial institution - Finance leases Full Consolidation United Kingdom Lombard North Central plc Financial institution - Other Full Consolidation United Kingdom Lombard Plant Finance Ltd Financial institution - Finance leases Full Consolidation United Kingdom Lombard Property Facilities Limited Financial institution - Finance leases Full Consolidation United Kingdom Lombard Technology Services Limited Financial institution - Other Full Consolidation United Kingdom Lombard Vehicle Management (1) Ltd Financial institution - Other Full Consolidation United Kingdom Lombard Vehicle Management (2) Ltd Financial institution - Other Full Consolidation United Kingdom Lombard Vehicle Management (3) Ltd Financial institution - Other Full Consolidation United Kingdom Lombard Vehicle Management Ltd Financial institution - Other Full Consolidation United Kingdom Lombard Venture Finance Limited Financial institution - Finance leases Full Consolidation United Kingdom Lyalvale Express Limited Other (non-financial) Investment Accounting United Kingdom Lyalvale Property Limited Other (non-financial) Investment Accounting United Kingdom Macsco 30 Limited Financial institution - Holding companies Investment Accounting United Kingdom Master Golfer (Holdings) Limited Financial institution - Holding companies Investment Accounting United Kingdom Mentor Business Limited Other (non-financial) Full Consolidation United Kingdom Monitor Audio Limited Other (non-financial) Investment Accounting United Kingdom Mons (UK) Limited Financial institution - Other Full Consolidation United Kingdom Morethan Equity Limited Financial institution - Holding companies Equity Accounting United Kingdom Mount Pleasant (Hull) Limited Other (non-financial) Proportionate Consolidation United Kingdom MRBL Limited Financial institution - Holding companies Investment Accounting United Kingdom MSW Limited Other (non-financial) Investment Accounting United Kingdom Nanny Mcphee Productions Limited Financial institution - Finance leases Full Consolidation (1) United Kingdom National Westminster Bank plc Credit institution (bank) - EEA credit institution Full Consolidation United Kingdom National Westminster Home Loans Limited Financial institution - Other Full Consolidation United Kingdom National Westminster Properties No. 1 Limited Ancillary services company - Property Full Consolidation United Kingdom NatWest (HMHP) Limited Financial institution - Other Full Consolidation United Kingdom NatWest Capital Finance Limited Financial institution - Finance leases Full Consolidation United Kingdom NatWest Corporate Finance Limited Financial institution - Finance leases Full Consolidation United Kingdom NatWest Corporate Investments Financial institution - Other Full Consolidation United Kingdom NatWest Corporate Services (Ireland) Financial institution - Other Full Consolidation United Kingdom NatWest Industrial Finance Limited Financial institution - Finance leases Full Consolidation United Kingdom NatWest Lease Management Limited Financial institution - Other Full Consolidation United Kingdom NatWest Leasing And Asset Finance Limited Financial institution - Finance leases Full Consolidation United Kingdom NatWest Machinery Leasing Limited Financial institution - Finance leases Full Consolidation United Kingdom NatWest Personal Financial Management Ltd Financial institution - Other Equity Accounting United Kingdom NatWest Properties Financial institution - Finance leases Full Consolidation United Kingdom NatWest Property Facilities Limited Financial institution - Finance leases Full Consolidation United Kingdom NatWest Property Investments Limited Financial institution - Other Full Consolidation United Kingdom NatWest Specialised Property Investments Limited Financial institution - Finance leases Full Consolidation United Kingdom NatWest Stockbrokers Limited Financial institution - Other Equity Accounting United Kingdom NatWest Ventures Investments Limited Financial institution - Other Full Consolidation United Kingdom Nevis Derivatives No.1 LLP Financial institution - Other Full Consolidation United Kingdom NG Realisations 2012 Limited Other (non-financial) Equity Accounting United Kingdom Northants Developments Limited Other (non-financial) Full Consolidation United Kingdom Northern Isles Ferries Limited Financial institution - Finance leases Full Consolidation United Kingdom Northlink Orkney And Shetland Ferries Limited Other (non-financial) Investment Accounting United Kingdom Note Funding Limited Conduits Full Consolidation United Kingdom Oaktree Business Park Other (non-financial) Full Consolidation United Kingdom Omega Warrington Limited Other (non-financial) Equity Accounting United Kingdom P of A Productions Limited Financial institution - Finance leases Full Consolidation United Kingdom Paig Investments Limited Financial institution - Other Full Consolidation United Kingdom Patalex II Productions Limited Financial institution - Finance leases Full Consolidation United Kingdom Patalex III Productions Limited Financial institution - Finance leases Full Consolidation United Kingdom Patalex IV Productions Limited Financial institution - Finance leases Full Consolidation United Kingdom Patalex Productions Limited Financial institution - Finance leases Full Consolidation United Kingdom Patalex V Productions Limited Financial institution - Finance leases Full Consolidation United Kingdom Pittville Leasing Limited Financial institution - Finance leases Full Consolidation United Kingdom Premier Audit Company Limited Financial institution - Other Full Consolidation United Kingdom Prestige Walker Ltd. Other (non-financial) Investment Accounting United Kingdom Price Productions Limited Financial institution - Finance leases Full Consolidation United Kingdom Primemodern Limited Financial institution - Other Full Consolidation United Kingdom Priority Sites Investments Limited Financial institution - Other Full Consolidation United Kingdom Priority Sites Limited Other (non-financial) Full Consolidation United Kingdom Progress Health (Peterborough) Holdings Limited Financial institution - Holding companies Full Consolidation United Kingdom Progress Health (Peterborough) Limited Other (non-financial) Full Consolidation United Kingdom Project Oliver Investors Limited Financial institution - Holding companies Investment Accounting United Kingdom Property Venture Partners Limited Other (non-financial) Full Consolidation United Kingdom Property Ventures (B&M) Limited Other (non-financial) Full Consolidation United Kingdom Protocol Associates NV Other (non-financial) Full Consolidation United Kingdom PSCA Holdings Ltd Financial institution - Holding companies Investment Accounting United Kingdom Pulleys Nominees Limited Financial institution - Other Full Consolidation United Kingdom Quoted UK Limited Financial institution - Other Full Consolidation United Kingdom R. B. Quadrangle Leasing Limited Financial institution - Finance leases Full Consolidation United Kingdom R.B. (2) Investment Company Financial institution - Other Full Consolidation United Kingdom R.B. (3) Investment Company Financial institution - Other Full Consolidation United Kingdom R.B. Asset Value Limited Financial institution - Finance leases Full Consolidation United Kingdom R.B. Capital Leasing Limited Financial institution - Finance leases Full Consolidation United Kingdom R.B. Equipment Leasing Limited Financial institution - Finance leases Full Consolidation United Kingdom R.B. Investment Company Financial institution - Other Full Consolidation United Kingdom R.B. Investment Holdings Limited Financial institution - Other Full Consolidation United Kingdom R.B. Leasing (April) Limited Financial institution - Finance leases Full Consolidation United Kingdom R.B. Leasing (Bluewater) Limited Financial institution - Finance leases Full Consolidation United Kingdom R.B. Leasing (December) Limited Financial institution - Finance leases Full Consolidation United Kingdom R.B. Leasing (Eden) Limited Financial institution - Finance leases Full Consolidation United Kingdom R.B. Leasing (March) Limited Financial institution - Finance leases Full Consolidation United Kingdom R.B. Leasing (September) Limited Financial institution - Finance leases Full Consolidation United Kingdom R.B. Leasing (Shaftesbury) Limited Financial institution - Finance leases Full Consolidation United Kingdom R.B. Leasing Company Limited Financial institution - Finance leases Full Consolidation United Kingdom R.B.S. Special Investments Limited Financial institution - Other Full Consolidation United Kingdom Race 500 Limited Financial institution - Holding companies Investment Accounting

3 United Kingdom Rackline Limited Other (non-financial) Investment Accounting United Kingdom Raingrove Limited Financial institution - Other Full Consolidation United Kingdom Rapid Hardware Limited Other (non-financial) Investment Accounting United Kingdom RB Investments 1 Limited Financial institution - Other Full Consolidation United Kingdom RB Investments 2 Limited Financial institution - Asset management companies Full Consolidation United Kingdom RB Investments 3 Limited Financial institution - Other Full Consolidation United Kingdom RB Investments 4 Limited Financial institution - Asset management companies Full Consolidation United Kingdom RB Investments 5 Limited Financial institution - Other Full Consolidation United Kingdom RBDC Administrator Limited Financial institution - Other Full Consolidation United Kingdom RBDC Investments Limited Financial institution - Other Full Consolidation United Kingdom RBEF Limited Financial institution - Other Full Consolidation United Kingdom RBOS (UK) Limited Financial institution - Other Full Consolidation United Kingdom RBOS Indices Limited Financial institution - Other Full Consolidation United Kingdom RBOS Nominees Limited Financial institution - Other Full Consolidation United Kingdom RBOS Trustees Limited Financial institution - Other Full Consolidation United Kingdom RBS AA Holdings (UK) Limited Financial institution - Other Full Consolidation United Kingdom RBS Argonaut Limited Financial institution - Other Full Consolidation United Kingdom RBS Asset Finance Europe Limited Financial institution - Finance leases Full Consolidation United Kingdom RBS Asset Management (ACD) Limited Financial institution - Other Full Consolidation United Kingdom RBS Asset Management Holdings Financial institution - Other Full Consolidation United Kingdom RBS Asset Management Limited Financial institution - Other Full Consolidation United Kingdom RBS CI Limited Financial institution - Holding companies Full Consolidation United Kingdom RBS Collective Investment Funds Limited Financial institution - Other Full Consolidation United Kingdom RBS Corporate Finance Limited Financial institution - Other Full Consolidation United Kingdom RBS Corporate Investments (UK) Limited Financial institution - Other Full Consolidation United Kingdom RBS Covered Bonds Limited Liability Partnership Financial institution - Other Full Consolidation United Kingdom RBS Development (UK) Limited Financial institution - Other Full Consolidation United Kingdom RBS Equities (UK) Limited Financial institution - Other Full Consolidation United Kingdom RBS Equities Holdings (UK) Limited Financial institution - Other Full Consolidation United Kingdom RBS Equity Products (UK) Limited Financial institution - Other Full Consolidation United Kingdom RBS Finance (UK) Limited Financial institution - Other Full Consolidation United Kingdom RBS Funding (UK) Limited Financial institution - Other Full Consolidation United Kingdom RBS Group Investments (UK) Limited Financial institution - Other Full Consolidation United Kingdom RBS GTS Services Limited Financial institution - Other Full Consolidation United Kingdom RBS Health Trustee (UK) Limited Other (non-financial) Full Consolidation United Kingdom RBS HG (UK) Limited Financial institution - Other Full Consolidation United Kingdom RBS Hotel Development Company Limited Other (non-financial) Full Consolidation United Kingdom RBS Hotel Investments Limited Other (non-financial) Full Consolidation United Kingdom RBS HP Finance Ltd Financial institution - Holding companies Full Consolidation United Kingdom RBS Infrastructure Capital Holdings (UK) Limited Financial institution - Holding companies Full Consolidation United Kingdom RBS International Corporate Holdings (UK) Limited Financial institution - Holding companies Full Consolidation United Kingdom RBS International Investment Holdings (UK) Limited Financial institution - Holding companies Full Consolidation United Kingdom RBS Investment Limited Financial institution - Other Full Consolidation United Kingdom RBS Investments (UK) Limited Financial institution - Other Full Consolidation United Kingdom RBS Investments Holdings (UK) Limited Financial institution - Other Full Consolidation United Kingdom RBS Invoice Finance (Holdings) Limited Financial institution - Other Full Consolidation United Kingdom RBS Invoice Finance Limited Financial institution - Other Full Consolidation United Kingdom RBS Lease Finance (UK) Limited Financial institution - Finance leases Full Consolidation United Kingdom RBS Life Holdings Limited Financial institution - Holding companies Full Consolidation United Kingdom RBS Management Services (UK) Limited Ancillary services company - Other Full Consolidation United Kingdom RBS Mezzanine Limited Financial institution - Other Full Consolidation United Kingdom RBS Overseas (UK) Limited Financial institution - Other Full Consolidation United Kingdom RBS Property Developments Limited Other (non-financial) Full Consolidation United Kingdom RBS Property Ventures Investments Limited Other (non-financial) Full Consolidation United Kingdom RBS Residential Venture No.1 Limited Financial institution - Other Full Consolidation United Kingdom RBS Residential Venture No.2 Limited Financial institution - Other Full Consolidation United Kingdom RBS Secured Funding LLP Financial institution - Other Full Consolidation United Kingdom RBS Sempra Commodities LLP Financial institution - Other Full Consolidation United Kingdom RBS Sempra Products Limited Financial institution - Other Full Consolidation United Kingdom RBS SME Investments Limited Financial institution - Other Full Consolidation United Kingdom RBS Special Opportunities General Partner (England) Limited Financial institution - Other Full Consolidation United Kingdom RBS Special Opportunities General Partner (Scotland) II Limited Financial institution - Other Full Consolidation United Kingdom RBS Special Opportunities General Partner (Scotland) Limited Financial institution - Other Full Consolidation United Kingdom RBS Specialised Property Investments Limited Financial institution - Other Full Consolidation United Kingdom RBS Trustees (Ireland) Limited Financial institution - Other Full Consolidation United Kingdom RBSG (Europe) Financial institution - Holding companies Full Consolidation United Kingdom RBSG Collective Investments Holdings Limited Financial institution - Other Full Consolidation United Kingdom RBSG Collective Investments Limited Financial institution - Other Full Consolidation United Kingdom RBSG International Holdings Limited Financial institution - Holding companies Full Consolidation United Kingdom RBSM (Investments) Limited Financial institution - Other Full Consolidation United Kingdom RBSM Capital Limited Financial institution - Other Full Consolidation United Kingdom RBSSAF (10) Limited Financial institution - Finance leases Full Consolidation United Kingdom RBSSAF (11) Limited Financial institution - Finance leases Full Consolidation United Kingdom RBSSAF (12) Limited Financial institution - Finance leases Full Consolidation United Kingdom RBSSAF (13) Limited Financial institution - Finance leases Full Consolidation United Kingdom RBSSAF (16) Limited Financial institution - Finance leases Full Consolidation United Kingdom RBSSAF (19) Limited Financial institution - Finance leases Full Consolidation United Kingdom RBSSAF (2) Limited Financial institution - Finance leases Full Consolidation United Kingdom RBSSAF (22) Limited Financial institution - Finance leases Full Consolidation United Kingdom RBSSAF (23) Limited Financial institution - Finance leases Full Consolidation United Kingdom RBSSAF (25) Limited Financial institution - Finance leases Full Consolidation United Kingdom RBSSAF (26) Limited Financial institution - Finance leases Full Consolidation United Kingdom RBSSAF (27) Limited Financial institution - Finance leases Full Consolidation United Kingdom RBSSAF (3) Limited Financial institution - Finance leases Full Consolidation United Kingdom RBSSAF (4) Limited Financial institution - Finance leases Full Consolidation United Kingdom RBSSAF (6) Limited Financial institution - Finance leases Full Consolidation United Kingdom RBSSAF (7) Limited Financial institution - Finance leases Full Consolidation United Kingdom RBSSAF (8) Limited Financial institution - Finance leases Full Consolidation United Kingdom Result Group Limited Financial institution - Holding companies Investment Accounting United Kingdom Riossi Limited Other (non-financial) Full Consolidation United Kingdom Riossi Motorcycles Ltd Other (non-financial) Full Consolidation United Kingdom Roboscot (67) Limited Financial institution - Other Full Consolidation United Kingdom Roboscot Devcap Limited Financial institution - Other Full Consolidation United Kingdom Roboscot Ventures Limited Financial institution - Other Full Consolidation United Kingdom ROK Development Solutions Limited Other (non-financial) Proportionate Consolidation United Kingdom Rowden Acquisitions Limited Other (non-financial) Equity Accounting United Kingdom Royal Bank Asset Finance Limited Financial institution - Finance leases Full Consolidation United Kingdom Royal Bank Development Capital Limited Financial institution - Other Full Consolidation United Kingdom Royal Bank Investments Limited Financial institution - Other Full Consolidation United Kingdom Royal Bank Invoice Finance Limited Financial institution - Other Full Consolidation United Kingdom Royal Bank Leasing Limited Financial institution - Other Full Consolidation United Kingdom Royal Bank Of Scotland (Industrial Leasing) Limited Financial institution - Finance leases Full Consolidation United Kingdom Royal Bank Of Scotland Group Charitable Trust Other (non-financial) Full Consolidation United Kingdom Royal Bank Operating Leasing Limited Financial institution - Finance leases Full Consolidation United Kingdom Royal Bank Project Investments Limited Financial institution - Other Full Consolidation United Kingdom Royal Bank Ventures Investments Limited Financial institution - Other Full Consolidation United Kingdom Royal Bank Ventures Limited Financial institution - Other Full Consolidation United Kingdom Royal Scot Leasing Limited Financial institution - Finance leases Full Consolidation United Kingdom Royscot Financial Services Limited Financial institution - Other Full Consolidation United Kingdom Royscot Larch Limited Financial institution - Other Full Consolidation United Kingdom Royscot Leasing Limited Financial institution - Finance leases Full Consolidation United Kingdom Royscot Trust plc Financial institution - Other Full Consolidation United Kingdom Salwan Pharmacy Limited Other (non-financial) Investment Accounting United Kingdom Sampsons Limited Other (non-financial) Investment Accounting United Kingdom Sandford Leasing Limited Financial institution - Finance leases Full Consolidation United Kingdom Sansbury Bailey (Holdings) Limited Financial institution - Holding companies Investment Accounting United Kingdom Sansetsu UK Ltd Other (non-financial) Investment Accounting United Kingdom Sita Northumberland Holdings Limited Financial institution - Holding companies Investment Accounting United Kingdom SOC Corporate Member No 1 Limited Insurance undertaking Full Consolidation

4 United Kingdom SOC Corporate Member No 2 Limited Insurance undertaking Full Consolidation United Kingdom SOC Corporate Member No 3 Limited Insurance undertaking Full Consolidation United Kingdom SOC Corporate Member No 4 Limited Insurance undertaking Full Consolidation United Kingdom Springwell Street Developments (No.1) Limited Other (non-financial) Full Consolidation United Kingdom Star 1 Special Partner Limited Financial institution - Other Full Consolidation United Kingdom Star Capital Partners Investments LLP Financial institution - Asset management companies Investment Accounting United Kingdom Style Financial Services Limited Financial institution - Other Full Consolidation United Kingdom Sutherland Trading Company Limited Other (non-financial) Investment Accounting United Kingdom Tay Valley Lighting (Leeds) Limited Other (non-financial) Equity Accounting United Kingdom Tay Valley Lighting (Newcastle And North Tyneside) Limited Other (non-financial) Equity Accounting United Kingdom Tay Valley Lighting (Stoke On Trent) Limited Other (non-financial) Equity Accounting United Kingdom TBWC Limited Financial institution - Other Full Consolidation United Kingdom TBWC No1 Limited Financial institution - Other Full Consolidation United Kingdom TBWC No2 Limited Financial institution - Other Full Consolidation United Kingdom TBWC No3 Limited Financial institution - Other Full Consolidation United Kingdom Telford Homes (Stratford Commercial) Limited Other (non-financial) Equity Accounting United Kingdom Telford Homes (Stratford) Limited Other (non-financial) Equity Accounting United Kingdom Tensim Holdings Limited Financial institution - Holding companies Full Consolidation United Kingdom The Appeal Group Limited Other (non-financial) Investment Accounting United Kingdom The Financial Trading Company Limited Financial institution - Other Full Consolidation United Kingdom The Maclean & Speirs Group Limited (In Receivership) Other (non-financial) Investment Accounting United Kingdom The Miller Group (UK) Limited Financial institution - Holding companies Investment Accounting United Kingdom The One Account Limited Financial institution - Other Full Consolidation United Kingdom The Panther Group (Topco) Limited Financial institution - Other Investment Accounting United Kingdom The Royal Bank Of Scotland Group Independent Financial Services Limited Insurance undertaking Full Consolidation United Kingdom The Royal Bank Of Scotland Group plc Financial institution - Holding companies Full Consolidation United Kingdom The Royal Bank Of Scotland Invoice Discounting Limited Financial institution - Other Full Consolidation (2) United Kingdom The Royal Bank Of Scotland plc Credit institution (bank) - EEA credit institution Full Consolidation United Kingdom The Scottish Agricultural Securities Corporation plc Financial institution - Other Investment Accounting United Kingdom The Storage Pod Limited Other (non-financial) Investment Accounting United Kingdom The Wales Innovation Fund Limited Other (non-financial) Investment Accounting United Kingdom Theobald Film Productions LLP Financial institution - Finance leases Full Consolidation United Kingdom Thrapston Triangle Limited Other (non-financial) Full Consolidation United Kingdom Topaz Finance plc Securitisation Full Consolidation United Kingdom Topco (No1) Limited Other (non-financial) Investment Accounting United Kingdom Total Capital Finance Limited Financial institution - Other Full Consolidation United Kingdom Ulster Bank Commercial Services (NI) Limited Financial institution - Other Full Consolidation United Kingdom Ulster Bank Limited Credit institution (bank) - EEA credit institution Full Consolidation United Kingdom Ulster Bank Sig (NI) Limited Financial institution - Other Full Consolidation United Kingdom Ulster Investments Limited Financial institution - Other Full Consolidation United Kingdom VMG Foods Limited Other (non-financial) Investment Accounting United Kingdom Voyager Leasing Limited Financial institution - Finance leases Full Consolidation United Kingdom W B Grieve Limited Other (non-financial) Equity Accounting United Kingdom W. & G. Industrial Leasing Limited Financial institution - Finance leases Full Consolidation United Kingdom W. & G. Lease Finance Limited Financial institution - Finance leases Full Consolidation United Kingdom Walton Lake Developments Limited Other (non-financial) Full Consolidation United Kingdom Water Brands Limited Other (non-financial) Investment Accounting United Kingdom Wealdland Limited Other (non-financial) Equity Accounting United Kingdom West Register (Bankside) Ltd Other (non-financial) Full Consolidation United Kingdom West Register (Hotels Number 1) Ltd Other (non-financial) Full Consolidation United Kingdom West Register (Hotels Number 2) Ltd Other (non-financial) Full Consolidation United Kingdom West Register (Hotels Number 3) Ltd Other (non-financial) Full Consolidation United Kingdom West Register (Investments) Limited Financial institution - Other Full Consolidation United Kingdom West Register (Land) Limited Other (non-financial) Full Consolidation United Kingdom West Register (Northern Ireland) Property Limited Other (non-financial) Full Consolidation United Kingdom West Register (Project Developments) Limited Other (non-financial) Full Consolidation United Kingdom West Register (Property Investments) Limited Other (non-financial) Full Consolidation United Kingdom West Register (Realisations) Limited Other (non-financial) Full Consolidation United Kingdom West Register (Residential Properties Investments) Ltd Other (non-financial) Full Consolidation United Kingdom West Register Hotels (Holdings) Ltd Other (non-financial) Full Consolidation United Kingdom West Register Number 2 Limited Financial institution - Other Full Consolidation United Kingdom Wigford Limited Other (non-financial) Equity Accounting United Kingdom Williams & Glyns Leasing Company Limited Financial institution - Finance leases Full Consolidation United Kingdom Williams & Glyn's Limited Credit institution (bank) - EEA credit institution Full Consolidation United Kingdom Winchcombe Finance Limited Financial institution - Finance leases Full Consolidation United Kingdom WR (NI) Property Investments Limited Financial institution - Asset management companies Full Consolidation United Kingdom WR (NI) Property Realisations Ltd Financial institution - Asset management companies Full Consolidation United Kingdom Wright Health Group Limited Other (non-financial) Investment Accounting United Kingdom Wyg plc Other (non-financial) Investment Accounting United Kingdom Yorkmarsh Limited Financial institution - Holding companies Investment Accounting Channel Islands Adam & Company International Limited Credit institution (bank) - EEA credit institution Full Consolidation Channel Islands Adam & Company International Trustees Limited Financial institution - Other Full Consolidation Channel Islands Alsecure Life Insurance PCC Limited Insurance undertaking Full Consolidation Channel Islands Alsecure Life Insurance PCC Limited RGA Cell Insurance undertaking Full Consolidation Channel Islands Alsecure US Life Insurance PCC Limited Insurance undertaking Full Consolidation Channel Islands Alsecure US Life Insurance PCC Limited RGA Re Cell Insurance undertaking Full Consolidation Channel Islands Arran Cards Loan Note Issuer No.1 Limited Securitisation Full Consolidation Channel Islands Arran Cards Loan Note Issuer No.2 Limited Securitisation Full Consolidation Channel Islands Coutts & Co Trustees (Jersey) Limited Financial institution - Other Full Consolidation Channel Islands Drummonds Insurance PCC Limited Insurance undertaking Full Consolidation Channel Islands Fshc (Guernsey) Holdings Limited Other (non-financial) Equity Accounting Channel Islands Jurys Inn Holdings Limited Financial institution - Holding companies Investment Accounting Channel Islands Keep SPV Limited Financial institution - Other Full Consolidation Channel Islands Lombard Finance (CI) Limited Financial institution - Other Full Consolidation Channel Islands Lothbury Insurance Company Limited Insurance undertaking Full Consolidation Channel Islands Low Carbon Accelerator Other (non-financial) Investment Accounting Channel Islands Morar ICC Insurance Ltd Insurance undertaking Full Consolidation Channel Islands NatWest Leasing (Jersey) Ltd Financial institution - Finance leases Full Consolidation Channel Islands Pitstop Limited Financial institution - Other Full Consolidation Channel Islands RBS CARDS Securitisation Funding Limited Securitisation Full Consolidation Channel Islands RBS Employment (Guernsey) Limited Financial institution - Other Full Consolidation Channel Islands Rente Plus Company Limited Financial institution - Other Full Consolidation Channel Islands RoyScot Guernsey Limited Financial institution - Other Full Consolidation Channel Islands RoyScot Jersey Limited Financial institution - Other Full Consolidation Channel Islands Spring Allies Jersey Limited Financial institution - Holding companies Investment Accounting Channel Islands The Royal Bank of Scotland International (Holdings) Limited Financial institution - Holding companies Full Consolidation Channel Islands The Royal Bank of Scotland International Limited Credit institution (bank) - Third country credit institution Full Consolidation Channel Islands The second ABN AMRO LBO Fund Financial institution - Holding companies Full Consolidation Isle Of Man Coutts & Co (Manx) Limited Financial institution - Other Full Consolidation Isle Of Man Isle of Man Bank (Nominees) Limited Financial institution - Other Full Consolidation Isle Of Man Isle of Man Bank Limited Credit institution (bank) - Third country credit institution Full Consolidation Isle Of Man Lombard Manx Leasing Limited Financial institution - Other Full Consolidation Isle Of Man Lombard Manx Limited Financial institution - Other Full Consolidation Isle Of Man The Royal Bank of Scotland Employment (Isle of Man) Limited Ancillary services company - Other Full Consolidation Isle Of Man Unitech Corporate Parks plc Financial institution - Holding companies Investment Accounting Europe Region Austria RBS Coutts Anteilsverwaltung GMBH Financial institution - Other Full Consolidation Belgium Occhiolino S.A. Compartment 2 Securitisation Full Consolidation Belgium Occhiolino S.A. Compartment 3 Securitisation Full Consolidation Belgium Principal Services NV Financial institution - Other Full Consolidation Cyprus Pharos Estates Ltd Other (non-financial) Equity Accounting Finland Artul KIInteistot Oy Financial institution - Finance leases Full Consolidation Finland Askonparkki 1 Oy Financial institution - Finance leases Full Consolidation Finland Fab Ekenas Formanshagen 4 Financial institution - Finance leases Full Consolidation

5 Finland Forssa LIIkekIInteistot Oy Financial institution - Finance leases Full Consolidation Finland HTC Lahti Oy Other (non-financial) Full Consolidation Finland KIInteisto Oy Vapaalan Service-Center Financial institution - Finance leases Full Consolidation Finland Koy Espoon Entresse II Financial institution - Finance leases Full Consolidation Finland Koy Espoon Niittysillantie 5 Financial institution - Finance leases Full Consolidation Finland Koy Helsingin Mechelinkinkatu 1 Financial institution - Finance leases Full Consolidation Finland Koy Helsingin Osmontie 34 Financial institution - Finance leases Full Consolidation Finland Koy Helsingin Panuntie 11 Financial institution - Finance leases Full Consolidation Finland Koy Helsingin Panuntie 6 Financial institution - Finance leases Full Consolidation Finland Koy HTC Arenos Financial institution - Finance leases Full Consolidation Finland Koy IIsalmen Kihlavirta Financial institution - Finance leases Full Consolidation Finland Koy Jämsän Keskushovi Financial institution - Finance leases Full Consolidation Finland Koy Kokkolan Kaarlenportti Fab Financial institution - Finance leases Full Consolidation Finland Koy Kouvolan Oikeus- Ja PolIIsitalo Financial institution - Finance leases Full Consolidation Finland Koy Kuopion Ajajantie 1 Financial institution - Finance leases Full Consolidation Finland Koy Lohjan Huonekalutalo Financial institution - Finance leases Full Consolidation Finland Koy Mannerheimintie 103 A Financial institution - Finance leases Full Consolidation Finland Koy Millennium Financial institution - Finance leases Full Consolidation Finland Koy Nokian Nosturikatu 18 Financial institution - Finance leases Full Consolidation Finland Koy Nokian Rengaskatu 4 Financial institution - Finance leases Full Consolidation Finland Koy Nummelan Portti Financial institution - Finance leases Full Consolidation Finland Koy Nuolialan Päiväkoti Financial institution - Finance leases Full Consolidation Finland Koy Otapuisto Financial institution - Finance leases Full Consolidation Finland Koy Päiväläisentie 1-6 Financial institution - Finance leases Full Consolidation Finland Koy Peltokuumolantie 4 Financial institution - Finance leases Full Consolidation Finland Koy Raision Kihlakulma Financial institution - Finance leases Full Consolidation Finland Koy Ravattulan Kauppakeskus Financial institution - Finance leases Full Consolidation Finland Koy Tapiolan Louhi Financial institution - Finance leases Full Consolidation Finland Koy Tikkurilan Laurea II Financial institution - Finance leases Full Consolidation Finland Koy Vaasan Himalajankatu 2 Financial institution - Finance leases Full Consolidation Finland Koy Vandahl Financial institution - Finance leases Full Consolidation Finland Nordisk Renting Oy Financial institution - Finance leases Full Consolidation France Cinquieme Lease G.I.E. Financial institution - Finance leases Equity Accounting France Deuxième Lease G.I.E Financial institution - Finance leases Full Consolidation France Financiere Dsbg SAS Financial institution - Other Investment Accounting France Quatrième Lease G.I.E. Financial institution - Finance leases Equity Accounting France RBS France Holdings SARL Financial institution - Holding companies Full Consolidation France RDS Metropolis SAS Financial institution - Other Full Consolidation France RDS Relais De Chelles SAS Financial institution - Other Full Consolidation France RDS Relais de Palaiseau SAS Financial institution - Other Full Consolidation France RDS Relais De Port Marly SAS Financial institution - Other Full Consolidation France RDS Residence Marchand SAS Financial institution - Other Full Consolidation France RDSM Gestion Other (non-financial) Full Consolidation France SPV Nordist Securitisation Full Consolidation France TBH Lease G.I.E. Financial institution - Finance leases Full Consolidation France Troisième Lease G.I.E. Financial institution - Finance leases Equity Accounting Germany Argos Vermoegensverwaltung GMBH Other (non-financial) Equity Accounting Germany Blixa Elfte Vermoegensverwaltungs GMBH Other (non-financial) Investment Accounting Germany Bluma Real Estate GMBH Other (non-financial) Full Consolidation Germany Greta Film Investition GMBH & Co Kg Other (non-financial) Investment Accounting Germany Nasil GMBH & Co Kg Financial institution - Other Full Consolidation Germany Patus 455. GMBH Financial institution - Other Full Consolidation Germany RBS (Deutschland) Aktiengesellschaft Credit institution (bank) - EEA credit institution Full Consolidation Germany RBS Deutschland Holdings GMBH Financial institution - Other Full Consolidation Germany RBS Real Estate Holdings Germany GMBH Financial institution - Other Full Consolidation Germany RBS Structured Financial Services GMBH Financial institution - Other Full Consolidation Germany Rodenstock GMBH Financial institution - Other Investment Accounting Germany TN Eagle 2 GMBH Financial institution - Other Full Consolidation Germany TN Jet Stream 2 GMBH Financial institution - Other Full Consolidation Germany TN Jet Stream GMBH Financial institution - Other Full Consolidation Germany West Register Hugo Bln-Borkumer Straße GMBH Other (non-financial) Full Consolidation Germany West Register Hugo Dreieich GMBH Other (non-financial) Full Consolidation Germany West Register Hugo FFM GMBH Other (non-financial) Full Consolidation Germany West Register Hugo FFM-Poststraße GMBH Other (non-financial) Full Consolidation Germany West Register Hugo FFM-Rohmerplatz GMBH Other (non-financial) Full Consolidation Germany West Register Hugo FFM-Voltastraße GMBH Other (non-financial) Full Consolidation Germany West Register Hugo Holding GMBH Other (non-financial) Full Consolidation Germany West Register Hugo Neu-Isenburg GMBH Other (non-financial) Full Consolidation Germany West Register Libori Galerie Paderborn GMBH Other (non-financial) Full Consolidation Germany West Register Prime A GMBH Other (non-financial) Full Consolidation Germany West Register Prime B GMBH Other (non-financial) Full Consolidation Germany West Register Prime Berlin GMBH Other (non-financial) Full Consolidation Germany West Register Prime Düsseldorf 1 GMBH Other (non-financial) Full Consolidation Germany West Register Prime Düsseldorf 2 GMBH Other (non-financial) Full Consolidation Germany West Register Prime Eschborn GMBH Other (non-financial) Full Consolidation Germany West Register Prime Frankfurt Ml GMBH Other (non-financial) Full Consolidation Germany West Register Prime Frankfurt Sh GMBH Other (non-financial) Full Consolidation Germany West Register Prime Frankfurt W2 GMBH Other (non-financial) Full Consolidation Germany West Register Prime Gelsenkirchen GMBH Other (non-financial) Full Consolidation Germany West Register Prime Holding GMBH Other (non-financial) Full Consolidation Germany West Register Prime Köln GMBH Other (non-financial) Full Consolidation Germany West Register Prime Leipzig GMBH Other (non-financial) Full Consolidation Germany West Register Prime Mannheim GMBH Other (non-financial) Full Consolidation Germany West Register Prime München GMBH Other (non-financial) Full Consolidation Germany West Register Prime Neu-Isenburg GMBH Other (non-financial) Full Consolidation Germany West Register Prime Norderstedt GMBH Other (non-financial) Full Consolidation Germany West Register Prime Obertshausen GMBH Other (non-financial) Full Consolidation Germany West Register Prime Stuttgart 1 GMBH Other (non-financial) Full Consolidation Germany West Register Prime Stuttgart 2 GMBH Other (non-financial) Full Consolidation Germany West Register Prime Stuttgart 3 GMBH Other (non-financial) Full Consolidation Germany West Register Prime Tga GMBH Other (non-financial) Full Consolidation Germany West Register Prime Wolfsburg 1 GMBH Other (non-financial) Full Consolidation Germany West Register Prime Wolfsburg 2 GMBH Other (non-financial) Full Consolidation Gibraltar Bantam (Gibraltar) Limited Financial institution - Other Full Consolidation Gibraltar Borneo (Gibraltar) Limited Other (non-financial) Full Consolidation Gibraltar Java Interco (Gibraltar) Limited Other (non-financial) Full Consolidation Gibraltar Kalimantan Holdings (Gibraltar) Limited Financial institution - Holding companies Full Consolidation Gibraltar RBS Services (Gibraltar) Limited Financial institution - Other Full Consolidation Gibraltar The Royal Bank Of Scotland (Gibraltar) Limited Credit institution (bank) - EEA credit institution Full Consolidation Ireland Celtic Residential Irish Mortgage Securitisation No 03 plc Securitisation Full Consolidation Ireland Celtic Residential Irish Mortgage Securitisation No 04 plc Securitisation Full Consolidation Ireland Celtic Residential Irish Mortgage Securitisation No 06 plc Securitisation Full Consolidation Ireland Celtic Residential Irish Mortgage Securitisation No 07 plc Securitisation Full Consolidation Ireland Celtic Residential Irish Mortgage Securitisation No 08 plc Securitisation Full Consolidation Ireland Celtic Residential Irish Mortgage Securitisation No 09 plc Securitisation Full Consolidation Ireland Celtic Residential Irish Mortgage Securitisation No 10 plc Securitisation Full Consolidation Ireland Celtic Residential Irish Mortgage Securitisation No 11 plc Securitisation Full Consolidation Ireland Celtic Residential Irish Mortgage Securitisation No 12 plc Securitisation Full Consolidation Ireland Celtic Residential Irish Mortgage Securitisation No 13 plc Securitisation Full Consolidation Ireland Celtic Residential Irish Mortgage Securitisation No 14 plc Securitisation Full Consolidation Ireland Celtic Residential Irish Mortgage Securitisation No 15 plc Securitisation Full Consolidation Ireland Celtic Residential Irish mortgage Securitisation No 16 plc Securitisation Full Consolidation Ireland Cesium Structured Funding Ltd Conduit Full Consolidation Ireland Easycash (Ireland) Limited Financial institution - Other Full Consolidation Ireland First Active Holdings International Limited Financial institution - Holding companies Full Consolidation

6 Ireland First Active Holdings Limited Financial institution - Holding companies Full Consolidation Ireland First Active Insurances Services Limited Insurance undertaking Full Consolidation Ireland First Active Investments No. 3 Limited Financial institution - Other Full Consolidation Ireland First Active Investments No. 4 Limited Financial institution - Finance leases Full Consolidation Ireland First Active Nominees Limited Financial institution - Other Full Consolidation Ireland First Active Treasury plc Financial institution - Other Full Consolidation Ireland First Active Treasury Services Financial institution - Other Full Consolidation Ireland GMM Property Ltd Financial institution - Asset management companies Full Consolidation Ireland GRG Real Estate Asset Management (ROI) Ltd Financial institution - Asset management companies Full Consolidation Ireland Hume Street Nominees Limited Financial institution - Other Full Consolidation Ireland Liffey Funding No 1 plc Securitisation Full Consolidation Ireland Lombard Ireland Group Holdings Financial institution - Holding companies Full Consolidation Ireland Lombard Ireland Limited Financial institution - Other Full Consolidation Ireland Meritvale Limited Financial institution - Finance leases Full Consolidation Ireland National Westminster Services (Ireland) Limited Ancillary services company - Other Full Consolidation Ireland NatWest Holdings (Ireland) Financial institution - Other Full Consolidation Ireland Norgay Property Ltd Financial institution - Finance leases Full Consolidation Ireland Qulpic Limited Financial institution - Asset management companies Full Consolidation Ireland RBS Asset Management (Dublin) Limited Investment firm - EEA Investment firm Full Consolidation Ireland RBS Financial Services (Ireland) Limited Financial institution - Other Full Consolidation Ireland RBS Financial Services International (Ireland) Limited Financial institution - Other Full Consolidation Ireland RBS Funding (Ireland) Holdings Limited Financial institution - Other Full Consolidation Ireland RBS Holdings (Ireland) Financial institution - Holding companies Full Consolidation Ireland RBS International Financial Services (Ireland) Company Financial institution - Other Full Consolidation Ireland RBS Investments (Ireland) Limited Financial institution - Asset management companies Full Consolidation Ireland RBS Nominees (Ireland) Limited Financial institution - Other Full Consolidation Ireland Retgar Limited Financial institution - Finance leases Full Consolidation Ireland The Drive4Growth Company Limited Other (non-financial) Investment Accounting Ireland The RBS Group Ireland Retirement Savings Trustee Limited Other (non-financial) Full Consolidation Ireland The Royal Bank Of Scotland Finance (Ireland) Financial institution - Other Full Consolidation Ireland Uif Finance Company Financial institution - Other Full Consolidation Ireland Ulster Bank (Ireland) Holdings Financial institution - Other Full Consolidation Ireland Ulster Bank Commercial Services Limited Financial institution - Operating leases Full Consolidation Ireland Ulster Bank Dublin Trust Company Financial institution - Other Full Consolidation Ireland Ulster Bank Finance plc Financial institution - Other Full Consolidation Ireland Ulster Bank Holdings (ROI) Limited Financial institution - Holding companies Full Consolidation Ireland Ulster Bank Investment Funds Limited Financial institution - Other Full Consolidation Ireland Ulster Bank Ireland Limited Credit institution (bank) - EEA credit institution Full Consolidation (3) Ireland Ulster Bank Sig (ROI) Limited Financial institution - Other Full Consolidation Ireland Ulster Bank Wealth Financial institution - Other Full Consolidation Ireland Ulster International Finance Financial institution - Other Full Consolidation Ireland Utras Financial institution - Other Full Consolidation Ireland West Register (Republic Of Ireland) Property Limited Financial institution - Asset management companies Full Consolidation Ireland Zrko Limited Financial institution - Asset management companies Full Consolidation Italy Fondo Sallustio Financial institution - Other Full Consolidation Italy GP Offices & Apartments Srl Other (non-financial) Full Consolidation Italy Maja Finance S.R.L. Financial institution - Other Full Consolidation Italy Sviluppo Comparto 5 Srl Other (non-financial) Full Consolidation Kazakhstan JSC SB "RBS (Kazakhstan)" Financial institution - Other Full Consolidation Liechtenstein RBS Coutts Trustees Aktiengesellschaft Financial institution - Other Full Consolidation Luxembourg Aqua Holdings SARL Financial institution - Holding companies Full Consolidation Luxembourg Azure Placement SARL Financial institution - Other Full Consolidation Luxembourg Baie Placements SARL Securitisation Full Consolidation Luxembourg Braycott Investments SARL Financial institution - Asset management companies Full Consolidation Luxembourg European Wines SARL Other (non-financial) Equity Accounting Luxembourg Macquarie European Vehicle Safety Holdings 1 S.A.R.L. Financial institution - Holding companies Investment Accounting Luxembourg Moncour SARL Financial institution - Other Full Consolidation Luxembourg RBS (Luxembourg) Agriculture S.A. Financial institution - Other Full Consolidation Luxembourg RBS (Luxembourg) S.A. Financial institution - Other Full Consolidation Luxembourg RBS (Luxembourg) SA Financial institution - Other Full Consolidation Luxembourg RBS Asset Backed Investment SARL Financial institution - Other Full Consolidation Luxembourg RBS European Finance SA Financial institution - Other Full Consolidation Luxembourg RBS European Investments S.À.R.L. Financial institution - Other Full Consolidation Luxembourg RBS Global Banking (Luxembourg) SA Credit institution (bank) - EEA credit institution Full Consolidation Luxembourg RBS Pan European Finance SA Financial institution - Other Full Consolidation Luxembourg RBS PPP Investments S.À R.L. Financial institution - Other Full Consolidation Luxembourg RBS PPP Investments SCA Sicar Financial institution - Other Full Consolidation Luxembourg Solar Energy Capital Europe S.A.R.L. Financial institution - Holding companies Equity Accounting Luxembourg Solarcap Partners SARL Financial institution - Other Equity Accounting Netherlands AA Merchant Banking B.V. Financial institution - Other Full Consolidation Netherlands AAC Capital Nebo Nl Feeder B.V. Financial institution - Holding companies Full Consolidation Netherlands AAC Spanish BOF 2005 B.V. Financial institution - Holding companies Full Consolidation Netherlands AACBOF Nebo B.V. Financial institution - Holding companies Full Consolidation Netherlands AAV Nebo B.V. Financial institution - Holding companies Full Consolidation Netherlands Alternative Investment Fund B.V. Investment firm - EEA Investment firm Full Consolidation Netherlands Amsterdam Commodity Trading BV Financial institution - Other Full Consolidation Netherlands Balconete Holding B.V. Financial institution - Holding companies Full Consolidation Netherlands Breschou B.V. Financial institution - Holding companies Full Consolidation Netherlands Cambille Holding B.V. Financial institution - Holding companies Full Consolidation Netherlands Cyrte Fund II B.V. Financial institution - Other Investment Accounting Netherlands Dolomite Investments BV Financial institution - Other Full Consolidation Netherlands Dordtsche Poort B.V. Securitisation Full Consolidation Netherlands Dotremont Beleggingsmaatschappij BV Financial institution - Other Full Consolidation Netherlands Exfin Capital B.V. Financial institution - Other Full Consolidation Netherlands FI Equity Partners B.V. Financial institution - Holding companies Full Consolidation Netherlands Firstfed Of Michigan International NV Credit institution (bank) - Third country credit institution Full Consolidation Netherlands Geleensche Poort B.V. Financial institution - Other Full Consolidation Netherlands German Public Sector Finance B.V. Financial institution - Asset management companies Proportionate Consolidation Netherlands Gibco II Holding B.V. Financial institution - Holding companies Full Consolidation Netherlands Gorkumsche Poort B.V. Financial institution - Other Full Consolidation Netherlands Groothoofdspoort B.V. Financial institution - Other Full Consolidation Netherlands Hamultun BV Financial institution - Other Full Consolidation Netherlands Inve B.V. Financial institution - Holding companies Full Consolidation Netherlands Jelsum Investments B.V. Investment firm - EEA Investment firm Full Consolidation Netherlands Kaapstander Holding B.V. Financial institution - Holding companies Full Consolidation Netherlands National Westminster International Holdings BV Financial institution - Other Full Consolidation Netherlands Oude Spijker B.V. Other (non-financial) Investment Accounting Netherlands RBS (Winterlake) Investments N.V. Financial institution - Other Full Consolidation Netherlands RBS AA Holdings (Netherlands) B.V. Financial institution - Holding companies Full Consolidation Netherlands RBS Asia Holdings BV Financial institution - Holding companies Full Consolidation Netherlands RBS Capital Bo Funds II B.V. Financial institution - Holding companies Full Consolidation Netherlands RBS Corporate Investments Management B.V. Financial institution - Holding companies Full Consolidation Netherlands RBS Holdings N.V. Financial institution - Holding companies Full Consolidation Netherlands RBS Hollandsche N.V. Credit institution (bank) - EEA credit institution Full Consolidation Netherlands RBS Investments Netherlands BV Financial institution - Other Full Consolidation Netherlands RBS Netherlands B.V. Financial institution - Other Full Consolidation Netherlands RBS Netherlands Holdings B.V. Financial institution - Holding companies Full Consolidation Netherlands RBS Nominees (Netherlands) B.V. Financial institution - Other Full Consolidation Netherlands RBS Participaties B.V. Financial institution - Other Full Consolidation Netherlands RBS Participations (Netherlands) B.V. Financial institution - Other Full Consolidation Netherlands RBS Private Equity B.V. Financial institution - Holding companies Full Consolidation Netherlands RBS Sempra Commodities Coopertief W.A. Financial institution - Other Full Consolidation Netherlands RBS Sempra Commodities Holdings I B.V. Financial institution - Other Full Consolidation Netherlands RBS Special Corporate Services B.V. Financial institution - Other Full Consolidation

7 Netherlands RBS Tubantia B.V. Financial institution - Other Full Consolidation Netherlands RBS Ventures II B.V. Financial institution - Other Full Consolidation Netherlands RBS-CBFM Netherlands BV Financial institution - Other Full Consolidation Netherlands RFS Holdings B.V. Financial institution - Holding companies Full Consolidation Netherlands Robofab B.V. Financial institution - Other Full Consolidation Netherlands Stichting Uiver 2002 Conduits Full Consolidation Netherlands Tebema B.V. Financial institution - Holding companies Full Consolidation Netherlands The Royal Bank Of Scotland N.V. Credit institution (bank) - EEA credit institution Full Consolidation Netherlands Tulip Asset Purchase Company B.V. Conduit Full Consolidation Netherlands Vadrid B.V. Financial institution - Other Full Consolidation Netherlands Yaxa Investments BV Financial institution - Other Full Consolidation Norway BD Lagerhus AS Financial institution - Finance leases Full Consolidation Norway Eiendomsselskapet Apteno Larvik AS Financial institution - Finance leases Full Consolidation Norway Eiendomsselskapet Apteno Rud AS Financial institution - Finance leases Full Consolidation Norway Hatros 1 AS Financial institution - Finance leases Full Consolidation Norway Nordisk Renting AS Financial institution - Finance leases Full Consolidation Poland Ashby SP Z.o.o Financial institution - Other Full Consolidation Poland RBS Bank (Polska) S.A. Credit institution (bank) - EEA credit institution Full Consolidation Poland RBS Polish Financial Advisory Services Sp Zoo Ancillary services company - Property Full Consolidation Poland Wisniowy Management Sp.Z.O.O. Financial institution - Other Investment Accounting Russian Federation The Royal Bank of Scotland ZAO Credit institution (bank) - Third country credit institution Full Consolidation Spain Bordon Inversiones 2007 S.L. Financial institution - Other Full Consolidation Spain Nueva Terrain S.L. Other (non-financial) Full Consolidation Spain Vista Capital De Expansion Financial institution - Asset management companies Equity Accounting Sweden Agrasjo Fastighets KB Financial institution - Finance leases Full Consolidation Sweden Airside Properties AB Financial institution - Finance leases Equity Accounting Sweden Arkivborgen KB Financial institution - Finance leases Full Consolidation Sweden Backsmedjan KB Financial institution - Finance leases Full Consolidation Sweden Bil Fastigheter i Sverige AB Financial institution - Finance leases Full Consolidation Sweden Bilfastighet i Taby AB Financial institution - Finance leases Full Consolidation Sweden Bong Fastigheter KB Financial institution - Finance leases Full Consolidation Sweden Braheberget KB Financial institution - Finance leases Full Consolidation Sweden Brodmagasinet KB Financial institution - Finance leases Full Consolidation Sweden Centeni Holding AB Financial institution - Holding companies Full Consolidation Sweden Dalklockan 3 KB Financial institution - Finance leases Full Consolidation Sweden Dalklockan 6 KB Financial institution - Finance leases Full Consolidation Sweden Daltrean KB Financial institution - Finance leases Full Consolidation Sweden Eurohill 4 KB Financial institution - Finance leases Full Consolidation Sweden Fastighet Kalleback 2:4 i Goteborg AB Financial institution - Finance leases Full Consolidation Sweden Fastighets AB Flojten i Norrkoping Financial institution - Finance leases Full Consolidation Sweden Fastighets AB Hammarbyvagnen Financial institution - Finance leases Full Consolidation Sweden Fastighets AB Kabisten 1 Financial institution - Finance leases Full Consolidation Sweden Fastighets AB Sambiblioteket Financial institution - Finance leases Full Consolidation Sweden Fastighets AB Stockmakaren Financial institution - Finance leases Full Consolidation Sweden Fastighets AB Xalam Financial institution - Finance leases Full Consolidation Sweden Fastighetsbolaget Holma i Hoor AB Financial institution - Finance leases Full Consolidation Sweden ForskNingshojden KB Financial institution - Finance leases Full Consolidation Sweden Förvaltningsbolaget Dalkyrkan KB Financial institution - Finance leases Full Consolidation Sweden Förvaltningsbolaget Kloverbacken Skola KB Financial institution - Finance leases Full Consolidation Sweden Förvaltningsbolaget Mosjo Skola KB Financial institution - Finance leases Full Consolidation Sweden Förvaltningsbolaget Predio 3 KB Financial institution - Finance leases Full Consolidation Sweden Gardlundabjornen KB Financial institution - Finance leases Full Consolidation Sweden Gredelinen KB Financial institution - Finance leases Full Consolidation Sweden Grinnhagen KB Financial institution - Finance leases Full Consolidation Sweden Horrsta 4:38 KB Financial institution - Finance leases Full Consolidation Sweden IR Fastighets AB Financial institution - Finance leases Full Consolidation Sweden IR IndustriRenting AB Financial institution - Finance leases Full Consolidation Sweden ITS Farsta KB Financial institution - Finance leases Full Consolidation Sweden Kallebäck Institutfastigheter AB Financial institution - Finance leases Full Consolidation Sweden Karlberga KB Financial institution - Finance leases Full Consolidation Sweden KB Eurohill Financial institution - Finance leases Full Consolidation Sweden KB IR Gamlestaden Financial institution - Finance leases Full Consolidation Sweden KB Lagermannen Financial institution - Finance leases Full Consolidation Sweden KB Likriktaren Financial institution - Finance leases Full Consolidation Sweden Lakoren KB Financial institution - Finance leases Full Consolidation Sweden Lakten 1 KB Financial institution - Finance leases Full Consolidation Sweden Lerumskrysset KB Financial institution - Finance leases Full Consolidation Sweden Limstagarden KB Financial institution - Finance leases Full Consolidation Sweden Mjälgen KB Financial institution - Finance leases Full Consolidation Sweden Mons Investment AB Financial institution - Other Full Consolidation Sweden Nordisk Renting AB Financial institution - Finance leases Full Consolidation Sweden Nordisk Renting Facilities Management AB Financial institution - Finance leases Full Consolidation Sweden Nordisk Renting HB Financial institution - Finance leases Full Consolidation Sweden Nordisk Renting Kapital AB Financial institution - Finance leases Full Consolidation Sweden Nordisk Specialinvest AB Financial institution - Finance leases Full Consolidation Sweden Nordiska Strategifastigheter Holding AB Financial institution - Finance leases Full Consolidation Sweden Optimus KB Financial institution - Finance leases Full Consolidation Sweden Pyrrhula 6,7 AB Financial institution - Finance leases Full Consolidation Sweden SFK Kommunfastigheter AB Financial institution - Finance leases Full Consolidation Sweden Sjoklockan KB Financial institution - Finance leases Full Consolidation Sweden SKHLM Skärholmen Centrum AB Other (non-financial) Full Consolidation Sweden Skinnarangen KB Financial institution - Finance leases Full Consolidation Sweden Skurupsvarme KB Financial institution - Finance leases Full Consolidation Sweden Solbanken KB Financial institution - Finance leases Full Consolidation Sweden Stora Kvarnen KB Financial institution - Finance leases Full Consolidation Sweden Strand European Holdings AB Financial institution - Finance leases Full Consolidation Sweden Svenskt Energikapital AB Financial institution - Finance leases Full Consolidation Sweden Svenskt Fastighetskapital AB Financial institution - Finance leases Full Consolidation Sweden Svenskt Fastighetskapital Holding AB Financial institution - Finance leases Full Consolidation Sweden Tingsbrogarden KB Financial institution - Finance leases Full Consolidation Sweden Tygverkstaden 1 KB Financial institution - Finance leases Full Consolidation Sweden Vansbro Fjarrvarme KB Financial institution - Finance leases Full Consolidation Sweden Vansbroviken KB Financial institution - Finance leases Full Consolidation Switzerland Alcover A.G. Insurance undertaking Equity Accounting Switzerland Coutts & Co Ltd Credit institution (bank) - Third country credit institution Full Consolidation Switzerland Coutts von Ernst AG Credit institution (bank) - Third country credit institution Full Consolidation Switzerland RBS Coutts Trustees (Switzerland) SA Financial institution - Other Full Consolidation Turkey RBS Finansal Kiralama AS Financial institution - Other Full Consolidation US Region United States 1215 Financial Center Associates Ltd. Financial institution - Other Full Consolidation United States 5801 Southfield Service Drive Corp Financial institution - Finance leases Full Consolidation United States 627 Acquisition Company, LLC Other (non-financial) Full Consolidation United States AA Genco LLC Financial institution - Other Full Consolidation United States Akaishi LLC Financial institution - Other Full Consolidation United States Aleutian LLC Financial institution - Other Full Consolidation United States AR Mountain Range, LLC Financial institution - Other Full Consolidation United States AR Mt. Joy LLC Financial institution - Other Full Consolidation United States Argentum LLC Financial institution - Other Full Consolidation United States Asclepius LLC Financial institution - Other Full Consolidation United States Avalon Acquisition Company, LLC Other (non-financial) Full Consolidation

8 United States BREA DEV Acquisition Company, LLC Other (non-financial) Full Consolidation United States Candlelight Acquisition LLC Other (non-financial) Full Consolidation United States Carbonado LLC Financial institution - Other Full Consolidation United States CCO Investment Services Corp. Credit institution (bank) - Third country credit institution Full Consolidation United States Celebration Acquisition Company, LLC Other (non-financial) Full Consolidation United States CFG Appraisal Inc Other (non-financial) Full Consolidation United States CFG Investment Corp. Financial institution - Other Full Consolidation United States CFG Service Corp. Financial institution - Other Full Consolidation United States Charter One Community Development Corporation Financial institution - Other Full Consolidation United States Charter One Securities, Inc. Credit institution (bank) - Third country credit institution Full Consolidation United States Citizens Automobile Finance Corp. Financial institution - Other Full Consolidation United States Citizens Bank of Pennsylvania Credit institution (bank) - Third country credit institution Full Consolidation United States Citizens Bank, National Association Credit institution (bank) - Third country credit institution Full Consolidation United States Citizens Capital, Inc. Financial institution - Other Full Consolidation United States Citizens Community Development Corp. Financial institution - Other Full Consolidation United States Citizens CT Investment Corp. IV Financial institution - Other Full Consolidation United States Citizens Financial Group,Inc. Financial institution - Holding companies Full Consolidation United States Citizens Mortgage Corp. Financial institution - Other Full Consolidation United States Citizens NH Investment Corp. IV Financial institution - Other Full Consolidation United States Citizens Plaza, Inc. Ancillary services company - Property Full Consolidation United States Citizens RI Investment Corp. IV Financial institution - Other Full Consolidation United States Citizens Ventures, Incorporated Financial institution - Other Full Consolidation United States Citizens Ventures, LLC Financial institution - Other Full Consolidation United States Clapboard LLC Financial institution - Other Full Consolidation United States Communications Capital Group I, LLC Financial institution - Other Full Consolidation United States Communications Capital Group II, LLC Financial institution - Other Full Consolidation United States Connecticut Financial Realty Corporation Financial institution - Other Full Consolidation United States Connecticut Realty Investors Inc. Financial institution - Other Full Consolidation United States CR Tompkins LLC Financial institution - Other Full Consolidation United States CSB Investment Corp. Financial institution - Other Full Consolidation United States Denarius Funding II LLC Financial institution - Other Full Consolidation United States Denarius Funding LLC Financial institution - Other Full Consolidation United States Dovenmuehle Mortgage Company, L P, Tranche VII Servicing Division Financial institution - Other Equity Accounting United States DR Acorn LLC Financial institution - Other Full Consolidation United States DR Panamint LLC Financial institution - Other Full Consolidation United States ESX Futures Holdings, LLC Financial institution - Holding companies Investment Accounting United States Financial Asset Securities Corp. Financial institution - Other Full Consolidation United States First NH Mortgage Corp. Financial institution - Other Full Consolidation United States Ghirardelli Acquisition Company, LLC Other (non-financial) Full Consolidation United States GIL Holdings LLC Financial institution - Holding companies Full Consolidation United States Governor Acquisition Company, LLC Other (non-financial) Full Consolidation United States GreatBanc Service Corporation Financial institution - Other Full Consolidation United States Greenwich Capital Derivatives, Inc. Financial institution - Other Full Consolidation United States Harborview Commercial Holdings I, LLC Financial institution - Other Full Consolidation United States ICX Corporation Financial institution - Finance leases Full Consolidation United States JSA Financial Corporation Financial institution - Other Full Consolidation United States Kelts LLC Financial institution - Other Full Consolidation United States Laurium LLC Financial institution - Other Full Consolidation United States Lease Plan North America LLC Financial institution - Other Full Consolidation United States M C D Realty Limited Partnership Other (non-financial) Full Consolidation United States MA Investment Corp IV Financial institution - Other Full Consolidation United States Mass Investment Corporation Financial institution - Other Full Consolidation United States Mills Acquisition Company, LLC Other (non-financial) Full Consolidation United States Minuteman Investments Corporation Financial institution - Other Full Consolidation United States Montgomery Service Corporation Other (non-financial) Full Consolidation United States Morton Acquisition Company, LLC Other (non-financial) Full Consolidation United States Mountbatten Realty Corp Other (non-financial) Full Consolidation United States NatWest Group Holdings Corporation Financial institution - Other Full Consolidation United States New England Acceptance Corporation Credit institution (bank) - Third country credit institution Full Consolidation United States NIB Special Investors LP Financial institution - Other Full Consolidation United States NY Investment Corp IV Financial institution - Other Full Consolidation United States Orchid Funding Corporation Conduit Full Consolidation United States PA Investment Corp.-I Financial institution - Other Full Consolidation United States PA Investment Corp.-II Financial institution - Other Full Consolidation United States PF Holding I LLC Financial institution - Asset management companies Full Consolidation United States Random Properties Acquisition Corp. I Other (non-financial) Full Consolidation United States Random Properties Acquisition Corp. II Other (non-financial) Full Consolidation United States Random Properties Acquisition Corp. III Other (non-financial) Full Consolidation United States Random Properties Acquisition Corp. IV Other (non-financial) Full Consolidation United States RBS Acceptance Inc. Credit institution (bank) - Third country credit institution Full Consolidation United States RBS Americas Property Corp. Ancillary services company - Property Full Consolidation United States RBS Asset Finance Inc. Financial institution - Other Full Consolidation United States RBS Capital Funding LLC V Financial institution - Other Full Consolidation United States RBS Capital Funding LLC VI Financial institution - Other Full Consolidation United States RBS Capital Funding LLC VII Financial institution - Other Full Consolidation United States RBS Capital Funding Trust V Financial institution - Other Full Consolidation United States RBS Capital Funding Trust VI Financial institution - Other Full Consolidation United States RBS Capital Funding Trust VII Financial institution - Other Full Consolidation United States RBS Capital LP A Financial institution - Asset management companies Full Consolidation United States RBS Capital LP B Financial institution - Asset management companies Full Consolidation United States RBS Capital LP C Financial institution - Asset management companies Full Consolidation United States RBS Capital LP D Financial institution - Asset management companies Full Consolidation United States RBS Capital LP I Financial institution - Asset management companies Full Consolidation United States RBS Capital LP II Financial institution - Asset management companies Full Consolidation United States RBS Capital LP III Financial institution - Asset management companies Full Consolidation United States RBS Capital LP IV Financial institution - Asset management companies Full Consolidation United States RBS Capital Trust A Financial institution - Asset management companies Full Consolidation United States RBS Capital Trust B Financial institution - Asset management companies Full Consolidation United States RBS Capital Trust C Financial institution - Asset management companies Full Consolidation United States RBS Capital Trust D Financial institution - Asset management companies Full Consolidation United States RBS Capital Trust I Financial institution - Asset management companies Full Consolidation United States RBS Capital Trust II Financial institution - Asset management companies Full Consolidation United States RBS Capital Trust III Financial institution - Asset management companies Full Consolidation United States RBS Capital Trust IV Financial institution - Asset management companies Full Consolidation United States RBS CBFM NA Corp Financial institution - Other Full Consolidation United States RBS Citizens Insurance Agency, Inc. Insurance undertaking Full Consolidation United States RBS Commercial Funding Inc. Credit institution (bank) - Third country credit institution Full Consolidation United States RBS Equity Corporation Financial institution - Other Full Consolidation United States RBS Financial Products Inc. Financial institution - Other Full Consolidation United States RBS Holdings USA Inc. Financial institution - Holding companies Full Consolidation United States RBS Investments USA Corp. Financial institution - Other Full Consolidation United States RBS Securities Inc. Investment firm - Recognised third country investment firm Full Consolidation United States RBS Smart Products Inc Financial institution - Other Full Consolidation United States RBS WCS Holding Company Financial institution - Holding companies Full Consolidation United States RBSG Capital Corporation Financial institution - Asset management companies Full Consolidation United States Red October LLC Financial institution - Other Full Consolidation United States RI Realty Trust, Inc. Financial institution - Other Full Consolidation United States Rivergate Acquisition Company, LLC Other (non-financial) Full Consolidation United States Rockwell LLC Financial institution - Other Full Consolidation United States Sempra Energy Trading LLC Financial institution - Other Full Consolidation United States Servco, Inc. Other (non-financial) Full Consolidation United States Shore Holdings, Inc. Financial institution - Holding companies Full Consolidation United States Shubelik LLC Financial institution - Other Full Consolidation United States St. Paul Financial Development Corp. Other (non-financial) Full Consolidation United States Student Loan Asset Funding, Inc Financial institution - Other Full Consolidation United States Surprise Acquisition Company, LLC Other (non-financial) Full Consolidation United States Thames Asset Global Securitization No.1 Inc. Conduit Full Consolidation United States Thistle Group Holdings Co Financial institution - Holding companies Full Consolidation United States Toiyabe LLC Financial institution - Other Full Consolidation

9 United States Tulip Road LLC Financial institution - Other Full Consolidation United States VT Investment Corp IV Financial institution - Other Full Consolidation United States Warwick Residential Mortgage Corp. Financial institution - Other Full Consolidation United States West Granite Homes Inc. Other (non-financial) Full Consolidation United States West Register Citizens Corp Financial institution - Other Full Consolidation United States Windsor Realty Corp Other (non-financial) Full Consolidation United States Wissahickon Real Estate Alliance LLC Other (non-financial) Full Consolidation United States Woburn National Realty Trust Other (non-financial) Full Consolidation United States WSRH Chicago, LLC Financial institution - Other Full Consolidation Cayman Islands Bluegate Holdings Limited Financial institution - Holding companies Full Consolidation Cayman Islands Campsie Limited Financial institution - Other Full Consolidation Cayman Islands CITIC Capital China Mezzanine Fund Limited Investment firm - Recognised third country investment firm Investment Accounting Cayman Islands Coutts & Co Cayman Ltd Credit institution (bank) - Third country credit institution Full Consolidation Cayman Islands Coutts General Partner (Cayman) V Limited Financial institution - Other Full Consolidation Cayman Islands Equator Investments (Cayman) Limited Financial institution - Other Full Consolidation Cayman Islands Greenridge Finance Limited Financial institution - Other Full Consolidation Cayman Islands Incisive Media Holdings Limited Financial institution - Holding companies Investment Accounting Cayman Islands International Aviation Management (CI) Limited Financial institution - Other Full Consolidation Cayman Islands Islay Investments Limited Financial institution - Other Full Consolidation Cayman Islands NatWest (Deansgate) Investments Limited Financial institution - Other Full Consolidation Cayman Islands NatWest (Stonefield) Investments Limited Financial institution - Asset management companies Full Consolidation Cayman Islands Orchid Asset Securitisation Investments Services Conduit Full Consolidation Cayman Islands RBS Ravelston Limited Financial institution - Other Full Consolidation Cayman Islands RBS Special Opportunities General Partner (Cayman) Limited Financial institution - Other Full Consolidation Cayman Islands Ringwold Investments Limited Financial institution - Other Full Consolidation Cayman Islands Whiteridge Finance Limited Financial institution - Other Full Consolidation Bahamas CTB Limited Financial institution - Other Full Consolidation Bermuda Catalina Reinsurance Limited Insurance undertaking Equity Accounting Bermuda KEB Investors, L.P. Financial institution - Other Full Consolidation Bermuda R.B. Leasing BDA One Ltd Financial institution - Finance leases Full Consolidation British Virgin Islands Fireworks International Inc Other (non-financial) Full Consolidation British Virgin Islands Fountainhead Consultants Limited Financial institution - Other Full Consolidation British Virgin Islands JMJ Holdings Limited Financial institution - Holding companies Full Consolidation British Virgin Islands RBS Lakespring Investments Limited Financial institution - Other Full Consolidation Asia Pacific Reg Australia Abel Funding Pty Limited Conduit Full Consolidation Australia Alba Capital Partners Ltd Financial institution - Asset management companies Full Consolidation Australia Alba Section 68 Pty Limited Financial institution - Asset management companies Full Consolidation Australia Axiom Education Victoria Asset Management Pty Limited Other (non-financial) Full Consolidation Australia Axiom Education Victoria Finance Pty Limited Financial institution - Other Full Consolidation Australia Axiom Education Victoria Holdings management Pty Limited Financial institution - Holding companies Full Consolidation Australia Axiom Education Victoria Holdings Pty Ltd Financial institution - Holding companies Full Consolidation Australia Axiom Education Victoria Pty Ltd Other (non-financial) Full Consolidation Australia Cardea Health Infrastructure Investment Trust Financial institution - Other Full Consolidation Australia Cardea Health Infrastructure Trust Financial institution - Other Full Consolidation Australia Cardea Health Management Pty Limited Financial institution - Other Full Consolidation Australia CCM Holdings Trust Pty Limited Other (non-financial) Full Consolidation Australia CCT Motorway Group Holdings Pty Limited Financial institution - Holding companies Equity Accounting Australia Entourage Funding Pty Limited Conduit Full Consolidation Australia George Street Finance Pty Limited Conduit Full Consolidation Australia George The Seventh Pty Limited Securitisation Full Consolidation Australia Infrashore Asset Management Pty Limited Financial institution - Other Full Consolidation Australia Infrashore Developments Retail Pty Limited Financial institution - Other Full Consolidation Australia Infrashore Finance Pty Limited Financial institution - Other Full Consolidation Australia Infrashore Holdings Management Pty Limited Financial institution - Holding companies Full Consolidation Australia Infrashore Holdings Pty Limited Financial institution - Holding companies Full Consolidation Australia Infrashore Parking Holdings Pty Limited Financial institution - Holding companies Full Consolidation Australia Infrashore Parking Pty Limited Financial institution - Other Full Consolidation Australia Infrashore Pty Limited Financial institution - Other Full Consolidation Australia Medsaic Pty Ltd Other (non-financial) Not Consolidated Australia National Westminster Finance Australia Pty Limited Financial institution - Other Full Consolidation Australia RBS (Australia) Pty Ltd Financial institution - Other Full Consolidation Australia RBS Alternative Investments (Australia) Pty Limited Financial institution - Other Full Consolidation Australia RBS Group (Australia) Pty Limited Financial institution - Other Full Consolidation Australia RBS Holdings (Australia) Pty Limited Financial institution - Holding companies Full Consolidation Australia RBS Holdings II (Australia) Pty Limited Financial institution - Holding companies Full Consolidation Australia RBS HOLDINGS III (AUSTRALIA) PTY LTD Financial institution - Other Full Consolidation Australia RBS Holdings IV (Australia) Pty Limited Financial institution - Holding companies Full Consolidation Australia RBS Infrastructure Investment (Australia) Trust Financial institution - Other Full Consolidation Australia RBS Nominees (Australia) Pty Limited Financial institution - Other Full Consolidation Australia RBS Rail Investment (Australia) Trust Financial institution - Other Full Consolidation Australia RBS Securities (Australia) Limited Financial institution - Other Full Consolidation Australia RBS Services (Australia) Limited Financial institution - Other Full Consolidation Australia RBS Springrove Pty Limited Financial institution - Other Full Consolidation Australia Sponsored MSCI Australia Select High Dividend Financial institution - Other Investment Accounting China Galaxy Futures Company Limited Financial institution - Other Equity Accounting China Hua Ying Securities Company Limited Financial institution - Other Equity Accounting China RBS Leasing (China) Co., Ltd. Financial institution - Finance leases Full Consolidation China Suzhou Trust Co. Ltd Financial institution - Other Investment Accounting China The Royal Bank of Scotland (China) Co., Ltd Financial institution - Other Full Consolidation Hong Kong RBS Asia Capital Investment Limited Financial institution - Other Full Consolidation Hong Kong RBS Asia Corporate Finance Limited Financial institution - Other Full Consolidation Hong Kong RBS Asia Financial Services Limited Financial institution - Other Full Consolidation Hong Kong RBS Asia Futures Limited Financial institution - Other Full Consolidation Hong Kong RBS Asia Limited Financial institution - Other Full Consolidation Hong Kong RBS Nominees (Hong Kong) Limited Financial institution - Other Full Consolidation Hong Kong RBS Securities Japan Limited Investment firm - Recognised third country investment firm Full Consolidation India RBS Business Services Private Limited Ancillary services company - Data processing Full Consolidation India RBS Corporate Finance India Private Limited Financial institution - Other Full Consolidation India RBS Equities (India) Limited Financial institution - Other Full Consolidation India RBS Financial Services (India) Private Limited Financial institution - Other Full Consolidation India RBS Global Trade Service Centre Private Limited Financial institution - Other Full Consolidation India RBS India Development Centre Private Limited Ancillary services company - Other Full Consolidation Indonesia PT Altron Indonesia Financial institution - Other Full Consolidation Korea, Republic of Asia Orchid Venture Fund 1 Financial institution - Holding companies Investment Accounting Malaysia Gale Force SDN BHD Financial institution - Other Equity Accounting Malaysia MFE Holding Limted Financial institution - Holding companies Investment Accounting Malaysia RBS Asia Advisers (Malaysia) Sdn Bhd Financial institution - Other Full Consolidation Malaysia RBS Nominees (Asing) Sdn Bhd Financial institution - Other Full Consolidation Malaysia The Royal Bank of Scotland Berhad Credit institution (bank) - Third country credit institution Full Consolidation Mauritius RBS Asia (Mauritius) Limited Financial institution - Other Full Consolidation New Zealand Mediaworks Investments Limited Financial institution - Holding companies Investment Accounting New Zealand RBS (New Zealand) Limited Financial institution - Other Full Consolidation Rest of World ReSingapore RBS Holding (Singapore) Private Limited Financial institution - Holding companies Full Consolidation Singapore The Royal Bank of Scotland Asia Merchant Bank (Singapore) Limited Financial institution - Other Full Consolidation Singapore The Royal Bank of Scotland Asia Securities (Singapore) Private Limited Financial institution - Other Full Consolidation

10 Brazil RBS Assessoria LTDA Financial institution - Other Full Consolidation Canada Alberta ULC Securitisation Full Consolidation Canada RBS Capital Markets (Canada) Limited Financial institution - Other Full Consolidation Canada Sempra Energy Trading (Calgary) ULC Financial institution - Other Full Consolidation Canada Sempra Energy Trading (Canada) ULC Financial institution - Other Full Consolidation Mexico RBS Sempra Energy Trading Mexico S. de R.L. de C.V. Financial institution - Other Full Consolidation Mexico The Royal Bank Of Scotland Mexico S.A. Institucion De Banca Multiple Credit institution (bank) - Third country credit institution Full Consolidation Panama Coutts Private Mandates SA Financial institution - Other Full Consolidation Saudi Arabia Saudi Hollandi Bank Credit institution (bank) - EEA credit institution Equity Accounting United Arab Emirates RBS Operations Fz LLC Ancillary services company - Other Full Consolidation United Arab Emirates RBS Transaction Services FZ-LLC Financial institution - Other Full Consolidation Uruguay Coutts and Co. (Uruguay) SA Financial institution - Other Full Consolidation (1) National Westminster Bank plc has branches in Ireland and United States. (2) The Royal Bank Of Scotland plc has branches in the following countries: Australia, Austria, Belgium, Canada, Czech Republic, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Italy, Japan, Republic of Korea, Malaysia, Netherlands, Poland, Portugal, Qatar, Romania, Singapore, Slovakia, Spain, Sweden, Switzerland, Turkey, United Arab Emirates and United States. (3) The Royal Bank of Scotland International Limited has branches in Isle of Man and Gibraltar (4) Ulster Bank Ireland Limited has a branch in United Kingdom (5) The Royal Bank Of Scotland N.V. has branches in the following countries: Australia, Canada, China, France, Guernsey, Hong Kong, India, Indonesia, Republic of Korea, Philippines, Singapore, Taiwan, Thailand, United Kingdom, United States and Venezuela.