Transaction in Own Shares

Safeland PLC
08 January 2008

                                  SAFELAND PLC

                             Purchase of own shares

                                08 January 2007

On 7 January 2008, Safeland plc ('Safeland' or 'the Company'), the fund
management, property trading and investment company, purchased 1,649,350 of its
own ordinary shares ('Shares') of 5p each at a price of 70p per share. The
shares acquired are to be cancelled.

The number of Shares in issue following this transaction is reduced from
18,530,500 to 16,851,180. Based upon the Net Assets of the Company as per the
interim accounts to 30 September 2007 the share buy back would have the affect
of raising the Net Asset Value per share from 114p to 118p.

The total number of voting rights in issue is therefore 16,851,180, which is the
number that may be used by shareholders as the denominator for the calculations
by which they will determine if they are required to notify interest in, or a
change in their interest in, the Company under the FSA's Disclosure and
Transparency Rules.

END

Enquiries:

Safeland plc                      020 8815 1600
Larry Lipman, Managing Director
Paul Davis, Finance Director
www.safeland.co.uk

Arbuthnot Securities              020 7012 2000
John Prior
Ben Wells



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