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Group Information

Independent auditors’ statement to the members of The Royal Bank of Scotland Group plc

We have examined the summary financial statement which comprises the summary directors’ report and the summary consolidated profit and loss account and balance sheet.

Respective responsibilities of directors and auditors
The directors are responsible for preparing the Annual Review and Summary Financial Statement. Our responsibility is to report to you our opinion on the consistency of the summary financial statement with the full annual accounts and directors' report, and its compliance with the relevant requirements of section 251 of the Companies Act 1985 and the regulations made thereunder. We also read the other information contained in the Annual Review and Summary Financial Statement and consider the implications for our report if we become aware of any apparent misstatements or material inconsistencies with the summary financial statement.

Basis of opinion
We conducted our work in accordance with Bulletin 1999/6 ‘The auditors’ statement on the summary financial statement’ issued by the Auditing Practices Board.

Opinion
In our opinion, the summary financial statement is consistent with the full annual accounts and the directors’ report of The Royal Bank of Scotland Group plc for the year ended 31 December 2001 and complies with the applicable requirements of section 251 of the Companies Act 1985 and the regulations made thereunder.

Deloitte & Touche
Chartered Accountants and Registered Auditors
Edinburgh
27 February 2002

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