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Tuesday 22 July, 2003

Office of Fair Trade

Merger Update

Office of Fair Trading
22 July 2003

Merger Clearance:

The OFT has decided, on the information currently available to it, not to refer
the following merger to the Competition Commission under the provisions of the
Enterprise Act 2002:

Anticipated Acquisition by Portman Building Society of Staffordshire Building

The text of these decisions will be placed on the Office of Fair Trading's web
site at and will also appear in the Office's Weekly Gazette and
Competition Bulletin as soon as is reasonably practicable.

                     This information is provided by RNS
            The company news service from the London Stock Exchange                                                                                       

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