1 May 2018

The Royal Bank of Scotland Group plc

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INITIAL NOTIFICATION OF TRANSACTION OF PERSON DISCHARGING MANAGERIAL RESPONSIBILITY ("PDMR") IN ACCORDANCE WITH ARTICLE 19 OF THE EU MARKET ABUSE REGULATION 596/2014

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The Royal Bank of Scotland Group plc (the "Company") announces that Mike Rogers, a Non-executive director of the Company, purchased 20,000 Ordinary shares of �1 each (ISIN: GB00B7T77214) in the Company on 30 April 2018 at a price of �2.695 per share.�

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The transaction took place on the London Stock Exchange (XLON).�

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Legal Entity Identifier: 2138005O9XJIJN4JPN90

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For further information contact:-

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RBS Investor Relations

Alexander Holcroft

Head of Equity Investor Relations

+44 20 7672 1758

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RBS Media Relations�

+44(0)131 523 4205

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