Filed pursuant to Rule 433. Registration Statement Nos. 333-162193 and 333-162193-01.
=====================================================================================
How Does Your Gold
Stack Up?
Find out at our live webcast.
                                        [GRAPHIC OMITTED]
RBS Webinar Series
Thursdays, March 10th and 24th
4:00pm EST

Register at https://pacerfinancial.webex.com
after registering you will receive an e-mail with webinar details.

For more information: 855.RBS.ETPS (855.727.3877)

TRND                       TRNM RBS US Mid Cap               TBAR
RBS US Large Cap           Trendpilot(TM) ETN                RBS Gold
Trendpilot(TM) ETN                                           Trendpilot(TM) ETN
                           Issued 01/28/11
Issued 12/09/10                                              Issued 02/23/11
-------------------------------------------------------------------------------------

For Investment Professionals Only

IMPORTANT INFORMAT ION: The Royal Bank of Scotland N.V. (RBS NV) and RBS
Holdings N.V. (RBS Holdings) have filed a registration statement (including a
prospectus) with the U.S. Securities and Exchange Commission (SEC) for the
offering of RBS ETNs to which this communication relates. Before you invest in
any RBS ETNs, you should read the prospectus in that registration statement and
other documents that have been filed with the SEC for more complete information
about RBS NV and RBS Holdings, and the offering. You may get these documents for
free by visiting EDGAR on the SEC�s web site at www.sec.gov. Alternatively, RBS
NV, RBS Holdings, RBS Securities Inc. (RBSSI) or any dealer participating in the
relevant offering will arrange to send you the prospectus and the pricing
supplement at no charge if you request it by calling 1-855-RBS-ETPS (toll-free).


webinar_cc_v3.indd 1                                               3/3/11 10:04:59 AM