RNS Number:5979P
Reliance Security Group PLC
10 September 2003

                                                               10 September 2003


                  Reliance Security Group plc (the "Company")

                                 AGM Statement


At the Company's Annual General Meeting today, Brian Kingham, Chairman,
commenting on current trading, said:

"In the first few months of the current financial year we have continued to grow
organically, in line with our expectations.

In security services, market conditions have been similar to last year, with
restrained demand in some segments and continuing competition. However, demand
for short-term cover appears to have stabilised, and our undiminished passion
for excellence of service and ongoing drive to add value for our customers have
enabled us to grow our contract security business. Our continuing focus on
increasing efficiency is expected to have a beneficial impact, particularly in
the second half of this year.

The market for facilities management and outsourced business processes continues
to grow strongly. We are investing for future growth. Earlier this year, we
announced that we had been selected as preferred bidders on two PFI contracts,
with the Health and Safety Executive and Gloucester Constabulary, and we expect
to sign formal contracts for both in due course. In addition, we are bidding a
further six PFI contracts, which are at various stages of negotiation, as well
as a number of other significant contracts.

We have completed the disposal of our investment in Chesterton International plc
for a cash consideration of #1.6 million, as expected, and we are in discussions
with several parties concerning the disposal of our investment in Command
Security Corporation.

We look forward to continued growth."


Notes to Editors

Reliance is an established market leader in the provision of contract security,
facilities management and support services and in business process outsourcing.
Reliance employs over 12,000 people from a network of offices throughout the UK.

For further information:

Brian Kingham                      Chairman                        020 7730 9716

Neil French                        Group Finance Director           01895 205002

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