Niscayah’s Board of Directors evaluates the offer by Securitas

Securitas AB (publ) (“Securitas”) has today announced a public share offer to the shareholders of Niscayah Group AB (publ) (“Niscayah”) to transfer all of the shares in Niscayah to Securitas (the “Offer”).

In an extraordinary board meeting, the Niscayah Board of Directors decided to appoint an independent committee, consisting of the board members Tomas Franzén, Eva Lindqvist and Håkan Kirstein, to take the decisions necessary due to the current situation and to evaluate the Offer and other potential offers.

The independent committee of the Niscayah Board of Directors will announce its opinion with respect to the Offer, and the reasons for this opinion, as well as a fairness opinion from an independent expert, no later than two weeks prior to the expiry of the Offer’s acceptance period.

Lazard has been appointed as financial advisors and Hannes Snellman as legal advisors.

For further information, please contact:
Tomas Franzén, Member of the Niscayah Board of Directors
Håkan Kirstein, CEO, Member of the Niscayah Board of Directors
Both can be reached through Johan Andersson Melbi, Niscayah Investor Relations +46 (0)10 458 80 23

Niscayah Group AB (publ) is a world leading security company specialized in technical security services and solutions for customers with high security demands such as bank and post, retail, utilities, transport and logistics and gas stations. Niscayah has approximately 5,100 employees and is present in 14 countries in Europe as well as in USA. Niscayah is a publicly listed company on the OMX Nasdaq stock exchange in Stockholm, Sweden.

Niscayah Group AB discloses the information provided herein pursuant to the Securities Markets Act and/or the Swedish Financial Instruments Trading Act. This information was submitted for publication at CET 08:20 on
16 May, 2011.

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