Holding(s) in Company

Safeland PLC
02 April 2008


2 April 2008

                                 Safeland plc

                             Holding(s) in Company

Safeland Plc ('Safeland' or the 'Company') announces that it was notified 
yesterday that Safeland Holdings Corporation ('SHC') has today sold its entire
holding of ordinary shares of 5p in the Company ('Shares') (amounting to
10,544,643 Shares, which equates to 62.4% of the Company's issued ordinary share
capital) to Charbrae Team Corporation ('CTC') for a nominal sum. The issued 
share capitals of each of SHC and CTC are owned in equal proportions by Larry 
Lipman, Errol Lipman and Steven Lipman.

Rule 9 of the City Code on Takeovers and Mergers ('the Code') applies to any
person or group of persons acting in concert who acquires an interest in shares
which, when taken together with shares in which that person or group are
interested, carry 30% or more of the voting rights of a company, (or who holds
not less than 30% but not more than 50% of the voting rights of a company) and
acquires any interest in additional shares which increases his percentage of the
voting rights of the company. Such a person is normally required by the Panel on
Takeovers and Mergers ('the Panel') to make a general offer to all shareholders
of the company pursuant to Rule 9 of the Code.

Where a concert party holds more than 50% of the voting rights of a company and
for so long as its members continue to be treated as acting in concert, the
concert party may increase its aggregate shareholding without being subject to
the provisions of Rule 9 of the Code. However, the Panel should be consulted
before any individual member of such concert party increases his holding through
a Rule 9 threshold.

Larry Lipman, Errol Lipman, Steven Lipman, Ray Lipman and SHC (together 'the
Lipman Concert Party') are treated as acting in concert for the purposes of the
Code. Details of their respective holdings in Safeland plc set out below.

Member of Lipman Concert Party     Beneficial Interests     Percentage of issued
                                   in ordinary shares              share capital
                                   of 5p
                                                                               %

Larry Lipman                                     88,016                     0.52
Errol Lipman                                    519,332                     3.07
Ray Lipman                                      519,332                     3.07
Steven Lipman                                       Nil                      Nil
SHC                                          10,544,643                    62.40

Total                                        11,671,323                    69.06

In view of the fact that the issued share capitals of each of SHC and CTC are
owned by Larry Lipman, Errol Lipman and Steven Lipman in equal proportions, the
Panel has confirmed that there is no requirement for CTC to make an offer for
the remaining shares in Safeland pursuant to Rule 9 of the Code.

End

Contacts:

Safeland plc                             Arbuthnot Securities
Larry Lipman, Managing Director          John Prior, Ben Wells
Paul Davis, Finance Director             Tel: [phone]
Tel: [phone]
www.safeland.co.uk

                      This information is provided by RNS
            The company news service from the London Stock Exchange