Result of Tender Offer

London Security PLC 22 June 2005 London Security PLC 23 June 2005 Result of Tender Offer The Board of London Security announces that valid tenders pursuant to the Tender Offer made by Brewin Dolphin, which closed at 5.00 p.m. on 21 June 2005, were received for 2,155,203 Ordinary Shares from 229 shareholders. The Company also announces that the Capital Reduction, which was approved by Shareholders at the EGM on 31 May 2005, yesterday received confirmation by the High Court. In order to allow London Security to complete the acquisition of shares from Brewin Dolphin interim accounts of London Security plc for the period from 1 January 2005 to 24 June 2005 have been prepared and will be delivered to the registrar of companies on 30 June 2005. The repurchase of the tendered Ordinary Shares will be effected by Brewin Dolphin on 1 July 2005. London Security will subsequently acquire for cancellation from Brewin Dolphin, at the Tender Price of 1375 pence, all the Ordinary Shares purchased by Brewin Dolphin under the Tender Offer. The consideration for the Tender Offer is expected to be despatched on or around 4 July 2005 to those Shareholders who have successfully tendered Ordinary Shares under the Tender Offer, whether in certificated or uncertificated form. As a result of the Ordinary Shares being repurchased for cancellation and the Capital Reduction being confirmed by the High Court the issued share capital of the Company is now 12,323,198 Ordinary Shares of 1p each. Definitions used in this announcement have the same meanings given in the circular sent to Shareholders dated 5 May 2005 setting out the formal terms and conditions of the Tender Offer. ENQUIRIES London Security Richard Pollard, Company Secretary 01422 314 202 Brewin Dolphin Securities Andrew Kitchingman, Director - Corporate Finance 0113 2410130 This information is provided by RNS The company news service from the London Stock Exchange
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