UNQUOTE

SWEDEN - EQT's Securitas Direct bid approved by competition authorities

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ESML Intressenter AB, jointly owned by EQT (c64%), Säkl (c8%), Melker Schörling AB (MSAB) and Investment AB Latour (c17%), has received approval from the relevant competition authorities regarding the SEK 9.6bn ($1.5bn) offer to the shareholders of Securitas Direct AB. The offer acceptance period will expire today at 16:00 CET.

The consortium, led by EQT V, made a public cash offer to delist the security service company on November 13 2007. Debt facilities to support the deal were supplied by Bank of Scotland, RBS, Dresdner Kleinwort Ltd and Enskilda. Mezzanine financing was supplied by MezzVest and Partners Group.

On December 6 2007, the board of directors of the business released a statement in which they recommended the share and warrant holders to reject the offer. The negative recommendation was based on the belief that the bid does not reflect the true value of the company.

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