The Royal Bank of Scotland plc - Stabilisation Notice

Not for distribution, directly or indirectly, in or into the United States or
any jurisdiction in which such distribution would be unlawful.
LONDON--(BUSINESS WIRE (http://www.businesswire.com/))-- Regulatory News:

Republic of Finland

Stabilisation Notice

The Royal Bank of Scotland plc, (contact: Rom Balax, +44 20 7085 6268) hereby
gives notice that the Stabilising Manager(s) named below may stabilise the offer
of the following securities in accordance with Commission Regulation (EC) No.
2273/2003 implementing the Market Abuse Directive (2003/6/EC).

The securities:
Issuer:                      Republic of Finland
Guarantor (if any):          None
Aggregate nominal amount:    EUR tbc
Description:                 Government Bond due 15 September 2023
Offer price:                 tbc
Other offer terms:           tbc
Stabilisation:
Stabilising Manager(s):      The Royal Bank of Scotland plc (co-ordinating
                             stabilisation manager)Barclays Bank PLCBNP
                             ParibasMerrill Lynch InternationalNomura
                             International Plc
Stabilisation venue:         Helsinki
Stabilisation period         31/08/2016
expected to start on:
Stabilisation period         For a maximum of 30 days after the proposed
expected to end no later     issue date of the securities
than:
Maximum size of over         5% of the aggregate nominal amount stated
-allotment facility:         above.

In connection with the offer of the above securities, the Stabilising Manager(s)
may over-allot the securities or effect transactions with a view to supporting
the market price of the securities at a level higher than that which might
otherwise prevail. However, there is no assurance that the Stabilising
Manager(s) will take any stabilisation action and any stabilisation action, if
begun, may be ended at any time.

This announcement is for information purposes only and does not constitute an
invitation or offer to underwrite, subscribe for or otherwise acquire or dispose
of any securities of the Issuer in any jurisdiction.

This announcement is only directed at, and the securities are only available to,
persons having professional experience in matters related to investments or who
are high net worth persons within article 12(5) or Investment Professionals
within article 19(5) or High Net worth companies, within article 49(2) of the
Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 and
should not be acted on by others.

To the extent that the offer of the securities is made in any EEA Member State
that has implemented Directive 2003/71/EC (together with any applicable
implementing measures in any Member State, the "Prospectus Directive") before
the date of publication of a prospectus in relation to the securities which has
been approved by the competent authority in that Member State in accordance with
the Prospectus Directive (or, where appropriate, published in another Member
State and notified to the competent authority in that Member State in accordance
with the Prospectus Directive), the offer is only addressed to qualified
investors in that Member State within the meaning of the Prospectus Directive or
has been or will be made otherwise in circumstances that do not require the
Issuer to publish a prospectus pursuant to the Prospectus Directive.

This announcement is not an offer of securities for sale into the United States.
The securities have not been, and will not be, registered under the United
States Securities Act of 1933 and may not be offered or sold in the United
States absent registration or an exemption from registration. There will be no
public offer of securities in the United States.
Contacts

The Royal Bank of Scotland plc
Rom Balax
+44 20 7085 6268