New Business Contracts

Newmark Security PLC
24 May 2004


                              Newmark Security plc
                      ('Newmark Security' or the 'Group')

                             New Business Contracts

Newmark Security, the AIM listed security group, is delighted to announce the
following new business contracts and distribution agreements.

Safetell Limited - The Asset Protection Division

Abbey has awarded a contract for Safetell Limited to supply and install new
Disability Discrimination Act compliant counter facilities throughout its branch
network. The contract, worth approximately £650,000, follows four months of
detailed design and prototype work and will be completed by the end of September
2004.

Safetell Limited has also been awarded the HBOS contract to maintain security
door locks in HBOS Group premises (Halifax, Bank of Scotland, Birmingham
Midshires and Clerical Medical). The contract runs for three years from April
2004 at a total value of £750,000.

Newmark Security Products Limited ('NSP') - The Secure Locking Division

NSP has signed a delivery and distribution agreement with GE Security BV for the
sale of some of NSP's products. GE Security is a technological leader in the
rapidly growing electronic security industry.

NSP has also signed a distribution agreement with KCC Limited for the sale of
NSP's product range in Ireland from 1 June. KCC is a leading supplier in the
specification and supply of premium architectural hardware products and security
and access control products.


Enquiries:

Maurice Dwek, Chairman, Newmark Security plc            Tel: [phone]
Brian Beecraft, Finance Director, Newmark Security plc  Tel: [phone]
Jeremy Porter, Seymour Pierce Ltd                       Tel: [phone]



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