STOCKHOLM, Sweden, January 29, 2003 (PRIMEZONE) -- Securitas (Other OTC:SCTBF) President and CEO Thomas Berglund:
"Due to the current uncertainty in the financial markets with the resulting general decline in share prices, my lending bank has today declared that it will immediately start selling a portion of my holdings in Securitas.
"My total holdings in Securitas of shares, futures contracts, convertibles and incentive programs are approximately 4.2 million shares. The sales decided by the bank will consist of up to 2.5 million shares.
"Consequently I will still have a significant holding and commitment in Securitas and my view of a continued positive development of Securitas remains unchanged."
Further information can be obtained from Thomas Berglund, President and CEO, telephone number +44 208 432 6551 and Chairman Melker Schorling, telephone number +44 208 232 1531.
The press release is also available on www.securitasgroup.com.
Securitas is a world leader in security, providing services within guarding, alarms, cash handling and consulting & investigations. The group has about 230,000 employees in more than 30 countries.
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The following files are available for download:
http://www.waymaker.net/bitonline/2003/01/29/20030129BIT00960/wkr0001.doc
http://www.waymaker.net/bitonline/2003/01/29/20030129BIT00960/wkr0002.pdf