London, 20 October 2014 -- Moody's Investors Service (Moody's) announced today that the execution of a deed of amendment and restatement ("Deed of Amendment") by the Royal Bank of Scotland plc ("RBS") relating to the swap agreements between (1) Achmea Covered Bond Company B.V. ("Achmea CBC") and Achmea Bank N.V. and (2) RBS and Achmea CBC and in each case the Security trustee (together, the "Swap Agreements") will not, in and of themselves and at this time, result in a reduction or withdrawal of the current ratings of the bonds (the "Bonds") issued by Achmea Bank N.V. and guaranteed by Achmea CBC.

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