Sale of Stake in Internet Business for £2.835m

Safeland PLC
12 June 2000



    SAFELAND SELLS MAJORITY STAKE IN INTERNET BUSINESS TO
                 BICKERTON GROUP FOR £2.835m
                              
Safeland plc ('Safeland') today announces that it has agreed
to sell a 73% stake in its wholly owned internet-based
commercial property listing service, Propertytrade PLC
('Propertytrade') to Bickerton Group plc ('Bickerton') for
£2.835m, satisfied through the issue of 6,300,000 new
ordinary shares in Bickerton at 45p each.

As a result of the proposed sale Safeland will own
approximately 26% of Bickerton's enlarged share capital. It
is also proposed that a Safeland director and a
Propertytrade director will be appointed to the Bickerton
board with a further two non-executive directors appointed
thereafter. Mr Alan Brookes, an existing Bickerton director,
will resign.

It is anticipated that Bickerton, which is currently listed
on AIM, will change its name to reflect the company's new
focus which also includes the acquisition of stakes in CPD
Online plc and Partners in Property Solutions plc. All these
transaction are subject to Bickerton shareholder approval.

                              
Contact:  Safeland plc                  Tel: [phone]
          Larry Lipman, Chairman, or Paul Davis, Finance Director
         
          Bankside Consultants Ltd.     Tel: [phone]
          Baron Phillips or Joanna Fifield

This is the second key transaction announced by Safeland in
as many days. On Friday the company announced plans to
demerge its workspace business Bizspace which will be listed
on AIM with an anticipated market capitalisation of £10m.

On Friday Safeland also announced record pre-tax profits of
£5.6m, an increase of 226%, and a 35% advance in net asset
value per share to 70p.