RNS Number:6795Z
Portman Building Society
13 March 2006


Portman Building Society (A2/A+ senior issue ratings, Moodys/Fitch) has mandated
Barclays Capital and RBS for a benchmark size 3NC2 Sterling FRN to be launched
in the near future subject to market conditions. The terms and conditions of the
proposed Notes will be as contained in Portman Building Society's EMTN Programme
Prospectus dated 8 July 2005 (as supplemented from time to time). FSA /ICMA
stabilisation.



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