30 October 2018
The Royal Bank of Scotland Group plc
INITIAL NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY ("PDMRs") IN ACCORDANCE WITH ARTICLE 19 OF THE EU MARKET ABUSE REGULATION 596/2014
The Royal Bank of Scotland Group plc (the "Company") announces that it has been notified of the PDMRs set out below purchasing ordinary shares of £1 each in the Company ("Shares") (ISIN: GB00B7T77214) on the dates and at the prices indicated:-
| Name of PDMR | Position of PDMR | No. of Shares purchased | Price of Shares purchased | Date Shares purchased |
| Howard Davies | Company Chairman | 39,000 | £2.311 | 29 October 2018 |
| Ross McEwan | Company Chief Executive | 99,458 | £2.301 | 30 October 2018 |
The transactions took place on the London Stock Exchange (XLON).
Legal Entity Identifier: 2138005O9XJIJN4JPN90
For further information contact:-
RBS Investor Relations
Alexander Holcroft
Head of Equity Investor Relations
+44 20 7672 1758
RBS Media Relations
+44(0)131 523 4205
For further information contact:-
RBS Media Relations - +44(0)131 523 4205