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Newmark Security PLC (NWT)

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Tuesday 17 September, 2002

Newmark Security PLC

Offer Update

Newmark Security PLC
17 September 2002




Following a meeting of the board, Newmark announces that all of the conditions
of the Offer have now been satisfied or waived and consequently the Offer has
been declared unconditional in all respects.

As at 3.00 pm on 16 September 2002, valid acceptances had been received in
respect of 47,288,220 Vema N.V. ('Vema') GDRs, representing in aggregate,
approximately 65.67 per cent. of the Vema shares not already owned by Newmark.
Taking into account the 51 per cent. of Vema already owned by Newmark, Newmark
effectively controls approximately 83 per cent. of Vema's shares.

Following the Offer being declared unconditional today, the acquisition of
Grosvenor Technology Limited is expected to be completed on 19 September 2002.
Following this reverse takeover, trading in Newmark's shares on the Alternative
Investment Market of the London Stock Exchange plc ('AIM') will be cancelled on
19 September and the enlarged share capital of Newmark will be admitted to AIM
on 20 September 2002.

The Offer will remain open for acceptance until further notice.  Vema GDR
holders who wish to accept the Offer, but have not yet done so, are strongly
encouraged to return their completed Forms of Acceptance (and supporting
documents) as soon as possible.  Further Forms of Acceptance are available from
Capita IRG, Bourne House, Beckenham Road, Kent BR3 4TH (telephone number 0870

The attention of Vema GDR holders is drawn to the fact that, as stated in the
Offer Document, the Offer having been declared unconditional, Vema intends to
apply for the de-listing of its GDRs from AIM.

The Offer is not being made, directly or indirectly, in or into, and may not be
accepted in or from, the United States, Canada, Australia or Japan.
Accordingly, copies of this announcement are not being, and must not be, mailed,
forwarded, transmitted or otherwise distributed or sent in, into or from the
United States, Canada, Australia or Japan.

In this announcement 'Offer Document' means the document dated 16 August 2002
relating to the Offer.  Definitions used in the Offer Document have the same
meanings when used in this announcement unless the context otherwise requires.

This announcement, which has been prepared by and is the sole responsibility of
Newmark, has been approved by Williams de Broe Plc ('Williams de Broe') solely
for the purposes of section 21 of the Financial Services and Markets Act 2000.

Williams de Broe, which is regulated in the United Kingdom by the Financial
Services Authority, is acting for Newmark and no-one else in connection with the
Offer and will not be responsible to anyone other than Newmark for providing the
protections afforded to customers of Williams de Broe nor for providing advice
in relation to the Offer or any matter referred to in the Offer Document.

Not for release, publication or distribution in or into the United States,
Canada, Australia or Japan.


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

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