Gunnebo refutes CashGuard´s groundless claim

Gunnebo refutes CashGuard's groundless claim CashGuard claims in a press release today that Gunnebo has no buying agreement with Ica Ahold. This claim is completely groundless and is rejected by Gunnebo. In a press release on February 12, Gunnebo communicated that an agreement had been signed with the Ica Ahold Group regarding the purchase of 4,800 complete SafePay-units. This is not a skeleton agreement but a binding agreement between the parties. "We believe it is very serious that a competitor such as CashGuard releases faulty information on such an important business agreement" Gunnebo's claims have today once again been confirmed by Ica Aholds purchasing manager Bennet Färnstrand in a comment to the news agency Direkt," says Torbjörn Browall, divisional manager Gunnebo Physical Security. GUNNEBO AB (publ) Information For further information, please contact: Bjarne Holmqvist, President and CEO, Gunnebo AB. +46 31 83 68 00, mobile +46 708 40 03 70, 0705- 83 64 45 or Torbjörn Browall, Divisional Manager, Gunnebo Physical Security. +46 31 749 90 50, mobile +46 705 92 56 04, or Janerik Dimming, Head of Group Communications, Gunnebo AB. +46 31 83 68 03, mobile +46 705 83 68 03, or janerik.dimming@gunnebo.se www.gunnebo.se Gunnebo is today an international fast growing security group with 106 companies located in 32 countries. The Group has sales to a further hundred markets via agents and distributors. Annual turnover amounts to some MEUR 800. Gunnebo's security products mainly include fire and burglar resistant safes, security products for banks and cash handling, electronic security systems, fire protection, entrance control and access control, alarm centres and indoor and outdoor perimeter protection. Gunnebo has at its disposal some of the world's leading brand names in security: Chubb Safes, Fichet-Bauche, Rosengrens, Ritzenthaler, Garny and Leicher. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/02/18/20030218BIT01160/wkr0001.doc http://www.waymaker.net/bitonline/2003/02/18/20030218BIT01160/wkr0002.pdf

About Us

The Gunnebo Group operates worldwide providing innovative products, software and services to control the flow of valuables, cash and people. Gunnebo offers entrance control, safe storage, cash management and integrated security solutions to customers primarily within retail, mass transit, public & commercial buildings, industrial & high-risk sites and banking. The Group has a turnover of MSEK 5,500 and is listed on NASDAQ Stockholm.

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