Portman Building Society


Re:  Portman Building Society
     GBP 3,750,000.00
     MATURING: 12-Jul-2012
     ISIN: XS0261721103

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
22-Apr-2008 TO 22-Jul-2008 HAS BEEN FIXED AT 5.903750 PCT

DAY BASIS: ACTUAL/365(FIX)

INTEREST PAYABLE VALUE 22-Jul-2008 WILL AMOUNT TO:
GBP 735.95 PER GBP 50,000.00 DENOMINATION



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