Garda Completes Successful Private Offering of C$50 Million Senior Unsecured Notes Due 2017

MONTREAL, QUEBEC, CANADA--(Marketwire - June 2, 2011) - Garda World Security Corporation (Garda) (TSX:GW), one of the leading Security Solutions, Cash Logistics and Global Risk Consulting firms in the world, announced today that it successfully completed its previously announced private offering of C$50 million aggregate principal amount of Senior Unsecured Notes due 2017 (the "Notes").

"The net proceeds received from the issuance of the Notes will allow us to repay a significant portion of our banking debt and will provide us with an enhanced capital structure for future growth of our business platforms," said Garda Chief Financial Officer Patrick Prince. "Thanks to our improved risk profile, we secured a very attractive yield almost 200 bps lower than our previous notes and have buffered against anticipated interest rate increases."

The Notes have been offered in reliance on the accredited investor exemption in Canada. Furthermore, the Notes issued under the private placement will be subject to a statutory four-month hold period, after which they become freely tradable. The Notes have not been and will not be registered under the securities laws of Canada or under the United States Securities Act of 1933 as amended and may not be offered or sold in the United States or Canada without registration or an applicable exemption from registration requirements or an applicable exemption from the prospectus requirements of Canadian securities legislation.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

Certain statements in this press release may constitute forward-looking information within the meaning of securities laws. Forward-looking information may relate to Garda's future outlook and anticipated events, business, operations, financial performance, financial condition or results and, in some cases, can be identified by terminology such as "may"; "will"; "should"; "expect"; "plan"; "anticipate"; "believe"; "intend"; "estimate"; "predict"; "potential"; "continue"; "foresee", "ensure" or other similar expressions concerning matters that are not historical facts. In particular, statements regarding the company's future operating results and economic performance and its objectives and strategies are forward-looking statements. These statements are based on certain factors and assumptions including expected growth, results of operations, performance and business prospects and opportunities, which Garda believes are reasonable as of the current date. While management considers these assumptions to be reasonable based on information currently available to the company, they may prove to be incorrect. The company cautions the reader that the current adverse economic conditions make forward-looking information and the underlying assumptions subject to uncertainty and that, consequently, they may not materialize, or the results may differ from the company's expectations. Forward-looking information is also subject to certain factors, including risks and uncertainties (described at section "Risks and Uncertainties" of the management discussion and analysis for the interim period ended April 30, 2011) that could cause actual results to differ materially from what Garda currently expects. These factors include the growth management, the market competition, the cost of financing, government regulations, the collective bargaining, currency fluctuations, the credit risk, the reputational risk and the financial covenants risk, many of which are beyond the company's control. Therefore, future events and results may vary significantly from what management currently foresees. The reader should not place undue importance on forward-looking information and should not rely upon this information as of any other date.

ABOUT GARDA

Garda (TSX:GW) is a global provider of Security Solutions, Cash Logistics and Global Risk Consulting. With headquarters in Montreal, Canada, the firm's 45,000 dedicated professionals, among the most highly qualified and best-trained in the industry, serve clients in countries throughout North America, Europe, Latin America, Africa, Asia, and the Middle East. Garda works with clients in a broad range of sectors and industries including financial institutions, retailers, manufacturers, insurance companies, governments, humanitarian relief organizations and the natural resources, construction and telecommunications. The company's decentralized management philosophy and structure encourages employees to be entrepreneurial and performance-driven in their approach to client service and the pursuit of excellence in all they do. Garda's global experts take the time to fully understand their clients' business goals and objectives in order to customize solutions with strong local engagement that meet their needs. As a result, clients can improve operational performance, meet their business obligations, and achieve their corporate objectives. With proven experience and a commitment to ensuring the highest ethical standards in everything the Corporation does, Garda has earned a reputation for integrity, leadership and uncompromising safety standards. Most importantly, businesses, governments, and individual clients place their trust in Garda. For more information, visit: www.gardaglobal.com.