Securitas signs syndicated loan

12/9/1999 9:12 AM EST

Securitas AB has signed a five-year syndicated loan agreement (Multi-
Currency Revolving Credit Facility) of EUR 900 million with a syndicate of
international banks.

On December 8, Securitas signed a new syndicated loan facility of EUR 900
million. The facility is a Multi-Currency Revolving Credit Facility
divided in two tranches; one 364 day renewable tranche of EUR 300 million,
and a five year tranche of EUR 600 million.

The facility has been arranged by Citibank N.A., Deutsche Bank AG and SEB
Debt Capital Markets. SEB Debt Capital Markets is the facility agent. The
transaction has been very positively received by the syndicated credit
market, leading Securitas to increase the original amount from EUR 700
million to 900 million. The participating banks have all been scaled back.

The facility replaces the syndicated loan facility of DEM 800 million that
was signed in December 1997. The increased facility amount reflects
Securitas growth since 1997 and plans for continued international
expansion. The syndicate consists of the following banks:

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Further information can be obtained from Securitas Executive Vice
President and
Chief Financial Officer Håkan Winberg, telephone +46 8 - 657 73 78,
or Group Treasurer Peter Burman, telephone +46 8 657 74 54