Acquisition

Reliance Security Group PLC
15 March 2001

                          RELIANCE SECURITY GROUP PLC 
                        Acquisition of Goldrange Limited

The Directors of Reliance Security Group plc ('Reliance') are pleased to
announce the acquisition of Goldrange Limited ('Goldrange'), a company
specialising in the provision of management and manpower for events, venues,
conferences, sporting stadia and the entertainment industry.  A successful and
profitable business with turnover of £1.2m, Goldrange has established over
twenty years a reputation for quality and service and is a leader in its
field.
Reliance is to pay an initial consideration of £562,000 for 90% of the share
capital of Goldrange and deferred consideration for the balance of shares in
2004 based on an earnings multiple.  Total consideration, payable from the
Group's cash reserves, is capped at £2.035m.
Ken Allison - Chairman of Reliance Security Services Limited commented, 'We
see the Goldrange acquisition strengthening and complementing the existing
events related activities within Reliance.  Combining the strengths of the
existing Goldrange management and leadership with the access to a wider
geographic coverage afforded by the Reliance national network and
infrastructure provides powerful and exciting opportunities for growth in this
market.'

For further information, contact:

       Ken Allison            01895 205000
       Geoff Haslehurst       01895 205000