Trading Statement

Safeland PLC
12 June 2002




SAFELAND PLC

TRADING UPDATE


The Company announces that difficult trading conditions continued throughout the
year ended 31 March 2002 and the Directors do not anticipate any significant
improvement in the near future.  Notwithstanding this, for the year ended March
31 2002, Safeland plc has returned to a trading profit although the Company's
investments in Safestore Plc and BizSpace Plc will be written down to their
market value, resulting in an anticipated nominal profit before tax.  Overall
activity has increased slightly during the course of this year and is reflected
by a 30% rise in turnover compared with 2001.

The Board believes that the continued purchasing of shares for cancellation, and
the consequent enhancing of net asset value, in the current difficult market
conditions, is a policy that is in the best interests of both the Company and
its shareholders and therefore wishes to ensure that it has sufficient capital
with which to pursue this policy.  Accordingly, it is anticipated that the Board
will not declare a dividend at this time.



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