Filed pursuant to Rule 433
Registration Statement Nos. 333-162219 and 333-162219-01
August 11, 2011
 
 



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 Buffered
 Capital Protected Notes

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           Commodities Equities FX Indices

                                                    View performance over: 1 day

Market           Last price      Performance     %               Products        Document        Chart
Aluminium        2414.00                         -0.41 %**
Brent Crude Oil  106.50                          +3.70 %**
Copper           8662.00                         -1.19 %**
Corn             689.00                          +0.00 %**
Gold             1770.00                         +0.75 %**
Natural Gas      4.01                            +0.25 %**
Nickel           (V) 24123.00                    +0.84 %**
Orange Juice     158.70                          -5.84 %**
Palladium        729.80                          +0.39 %**
Platinum         1768.80                         +0.77 %**
Silver           39.26                           +4.03 %**
Soy Bean         1299.50                         -0.02 %**
Sugar Future     27.50                           +0.36 %**
Wheat            720.00                          +2.31 %**
Zinc             2137.00                         +0.47 %**

Please read the relevant prospectus, which contains material terms of the
securities and important risks that you should consider, before investing. If
the securities are Capital Protected Notes, please bear in mind that they
protect your principal invested only against any decline in the underlying
market measure at maturity. They are not guaranteed or insured by the Federal
Deposit Insurance Corporation (FDIC) or secured by collateral, nor are they
obligations of or guaranteed by the UK government. All payments due on Capital
Protected Notes remain subject to the credit risk of the issuer and its parent
company.

Disclaimer

Information on the website regarding the performance of a security or the
underlying or any other financial instrument always relates to the past. Past
performance is not indicative of future results.

SEC Legend

The Royal Bank of Scotland N.V. ([]RBS N.V. []) and The Royal Bank of Scotland
plc ([]RBS plc[]) have each filed a registration statement (including a
prospectus) with the United States Securities and Exchange Commission (the
[]SEC[]) for the offering of securities that are issued by RBS N.V. and
guaranteed by RBS Holdings N.V. or that are issued by RBS plc and guaranteed by
The Royal Bank of Scotland Group plc. Before you invest in any securities
referenced on this website, you should read the prospectus in the relevant
registration statement and other documents that have been filed with the SEC for
more complete information about relevant issuer and guarantor, and their
respective offerings. You may get these documents for free by visiting EDGAR on
the SEC[]s website at www.sec.gov. Alternatively, RBS N.V., RBS plc, or their
affiliates will arrange to send you the prospectus if you request it by calling
toll free 1 -(888) 644-2048.

** From close of business yesterday

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