Securitas Värde AB in Sweden, has signed a letter of intent regarding Pengar i Sverige AB, a wholly owned subsidiary of the Swedish National Bank for cash services. The intention is that Securitas will take over the majority of operations from Pengar i Sverige AB and that a final agreement between the parties should be signed during February 2004. A final take over is on condition that the Swedish Competition Authority gives necessary authorization.
Further information can be obtained from:
Thomas Berglund, President and CEO +44 (0) 20 8432 6500
Håkan Winberg, Executive Vice President and CFO +44 (0) 20 8432 6500
Henrik Brehmer, Senior Vice President Investor Relations +44 (0) 20 8432 6523
The press release is also available on:
www.securitasgroup.com
Securitas is a World leader in security providing security solutions comprising guarding services, alarm systems and cash handling services. Securitas has more than 200 000 employees in 30 countries in Europe and USA.