RNS Number:3675G
Portman Building Society
18 July 2006



Portman Building Society have issued a GBP 1.70m FRN, rated A2/A+ by Moody's/
Fitch.  Due 12th July 2012 with a pay date 18th July 2006, the deal pays a
coupon of 3 month LIBOR +6bp and has an issue price of 100.00.  Barclays Capital
are Lead Manager for the deal, which will be listed in London.



Portman Building Society have issued a putable GBP 3.75m FRN, rated A2/A+ by
Moody's/Fitch.  Due 12th July 2012 with a pay date 18th July 2006, the deal pays
a coupon of 3 month LIBOR +2bp and has an issue price of 100.00.  The deal is
putable on the 22nd of July 2009/2010/2011.  Barclays Capital are Lead Manager
for the deal, which will be listed in London.




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END

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