US. Senate passes Homeland Security Legislation; Bill restores liability cap for eligible airport screening companies.

11/20/2002 3:41 AM EST

US. Senate passes Homeland Security Legislation; Bill restores liability
cap for eligible airport screening companies.

The U.S. Senate gave final approval last night to legislation to create
a new cabinet-level Department of Homeland Security. The vote came after
several months of debate in Congress over the need and extent to which
the federal government needed to restructure and coordinate the nation's
ongoing war against global terrorism in the wake of the September 11
attacks. President Bush is expected to sign the bill into law shortly.
The law will take effect immediately after the President's signature.

Section 890 of the bill as passed (H.R. 5005) restores the liability cap
for eligible screening companies such as Securitas subsidary Globe
Aviation Services that had contracted with the U.S. aviation agency
known as the Federal Aviation Administration, and which had commenced
services no later than February 17, 2002. Under this legislation, any
potential liability arising out of the terrorist events of September 11,
2001 would be limited to the amount of liability insurance coverage
maintained.

The text of the bill including the provision that reinstates the
liability cap for airport screening companies as approved by the Senate
and the House of Representatives is available at
http://www.thomas.loc.gov

Further information can be obtained from:

Thomas Berglund, President and CEO +44 208 432 6500
Amund Skarholt, Executive Vice President and COO +44 208 432 6500
Håkan Winberg, Executive Vice President and CFO +44 208 432 6500
Henrik Brehmer, SVP Investor and Public Relations +44 208 432 6523


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.