Royal Bank of Scotland : Publication of Final Terms

NatWest Markets Plc

Publication of Final Terms

The following Final Terms are available for viewing:

Final Terms dated 7 January 2020 for NatWest Markets Plc ('NatWest Markets') for EUR 5,000,000 Floating Rate Notes due 9 January 2023 (ISIN: XS2099837457) issued under the £10,000,000,000 Euro Medium Term Note Programme of NatWest Markets (the 'Programme').

The Final Terms contain the final terms of the Notes and must be read in conjunction with the prospectus dated 21 November 2019 and the supplemental prospectuses dated 2 December 2019 and 19 December 2019 relating to the Programme (together, the 'Prospectus'), which constitutes a base prospectus for the purposes of the Prospectus Regulation (EU) 2017/1129.

To view the relevant Final Terms for the Notes, please paste the following URLs into the address bar of your browser:

http://www.rns-pdf.londonstockexchange.com/rns/0071Z_1-2020-1-7.pdf

A copy of each of the above Final Terms has been submitted to the National Storage Mechanism and will shortly be available for inspection at:

http://www.morningstar.co.uk/uk/NSM

For further information, please contact:

Anthony Everill

Head of Capital Markets & Funding, NatWest Markets

Tel: [phone]

DISCLAIMER INTENDED ADDRESSEES

Please note that the information contained in the relevant Final Terms (when read together with the information in the Prospectus) may be addressed to and/or targeted at persons who are residents of particular countries (specified in the Prospectus) only and is not intended for use and should not be relied upon by any person outside these countries and/or to whom the offer contained in the relevant Final Terms and the Prospectus is not addressed. Prior to relying on the information contained in the relevant Final Terms and the Prospectus, you must ascertain from the Prospectus whether or not you are part of the intended addressees of the information contained therein.

Your right to access this service is conditional upon complying with the above requirement.

NatWest Markets Plc: RR3QWICWWIPCS8A4S074