RNS Number:9268X
Portman Building Society
1 July 2002



                                                                     1 July 2002

                            BOARD CHANGES AT PORTMAN

The Portman Building Society has announced that Lord Stewartby and Rosie Barnes
retired as Non-Executive Directors of the Society on 30 June 2002.

The Portman's Chairman John Roques said, "Throughout their time on the Portman
Board both Ian and Rosie have made a significant contribution to the Portman,
during a period of significant and excellent growth for the Society. I would
like to thank them for their commitment to the Portman and wish them well with
their future plans."

                                     -ENDS-

Editor's notes:

 1. Lord Stewartby was appointed to the Portman Board on 1 May 1995.
 2. Rosie Barnes was appointed to the Board on 1 November 1997.

For further information please contact:

Andrew Jones

Group Secretary

01202 563600



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