Royal Bank of Scotland Profits Threatened by Fossil Fuel Financing

MEDIA RELEASEFrom: PLATFORM • Friends of the Earth Scotland • People & PlanetRBS PROFITS THREATENED BY FOSSIL FUEL FINANCING

As the Royal Bank of Scotland prepares to announce its interim 6-monthprofits this Friday (3 August 2007), NGOs warn that the bank’s financing ofoil & gas projects may threaten current & future profit margins.Calculations indicate that the bank is carrying unaccounted for currentcarbon liabilities of up to almost