Securitas and Chubb End Preliminary Discussions


STOCKHOLM, Sweden, May 13, 2002 (PRIMEZONE) -- After a period of preliminary discussions, both parties have come to the conclusion, that although there are obvious synergies between the two companies, it has not been possible to reach an agreement that is financially attractive to the respective shareholders.

Further information may be obtained from:


Thomas Berglund, CEO
+44 (0) 20 8432 6551

Hakan Winberg, CFO
+44 (0) 7990 562 582, +44 (0) 7990 562 582

Henrik Brehmer, Investor Relations
+44 (0) 20 8432 6523, +44 (0) 7884 117 192

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The following files are available for download:


www.waymaker.net/bitonline/2002/05/13/20020513BIT00180/wkr0001.doc
www.waymaker.net/bitonline/2002/05/13/20020513BIT00180/wkr0002.pdf