THE UK'S LEADING ASSET FINANCE COMPANY, LOMBARD ARRIVES ON THE ROCK

The UK's Leading Asset Finance Company, Lombard Arrives on the Rock

Gibraltar –June 2008 – Lombard, the asset finance provider has launched a new branch in Gibraltar with an all day event to mark the occasion.

The Lombard branch is situated at 57 Line Wall Road. Lombard staff will be joining their colleagues from RBS International who have been trading in Gibraltar for 20 years. The move will bring Lombard in closer working partnership with its parent bank, creating a one-stop-shop for its customer base. This will give customers access to a wider range of products and services.

A series of presentations were given throughout the day covering Lombard's capabilities in providing asset finance for business related equipment, aviation finance and marine finance. A number of local businesses, existing customers and specialists from Lombard and RBS International attended the event which culminated with a dinner at the Garrison Library which was also attended by the Chief Minister, The Right Honourable Peter Caruana QC MP.

The Chief Minister, The Right Honourable Peter Caruana QC MP, commented:
"The development of the Lombard Gibraltar branch shows the commitment of RBS to expand and provide this community with another option to finance business assets. Lombard's focus on providing alternative finance solutions that suit businesses' exact needs is clear and having them on the Rock will no doubt help our local businesses continue to succeed."

Richard MacNee, Area Director, Lombard, added:
"We are the first major asset finance provider in Gibraltar and we're looking forward to working closely with our RBS International colleagues to offer new and existing customers the opportunity to use asset finance as a way to improve their cash flow. Whatever the customer's banking needs, we aim to find them a tailored finance solution."

Lombard has grown to be the UK's leading direct provider of asset finance for a wide range of assets, including cars, commercial vehicles, plant and machinery, IT and telecommunications as well as general aviation and marine. By linking products and services to those offered by other businesses in The Royal Bank of Scotland Group, a seamless service is offered to address a diverse range of finance requirements.

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For more information, please contact:
Claire Meeghan
Media Manager
Tel: +44 (0)20 7427 9023
Email: claire.meeghan@rbs.co.uk

Notes to Editor:

Lombard is part of The Royal Bank of Scotland Group ("RBS Group") - one of the world's leading financial services companies providing a range of retail and corporate banking, financial markets, consumer finance, insurance, and wealth management services. RBS Group operates in over 50 countries across Europe, the Americas, Asia and the Middle East serving more than 40 million customers and employing more than 170,000 people. In addition to the provision of a full range of banking services under The Royal Bank of Scotland and NatWest brands, RBS Group also includes ABN AMRO, Citizens Financial Group, Ulster Bank, Coutts Group, Direct Line and Churchill.