Tyco Sells its Sonitrol Business Unit for $125.5 Million PEMBROKE, Bermuda, March 29 /PRNewswire-FirstCall/ -- Tyco International Ltd. announced today that it has sold its Sonitrol business unit for $125.5 million to an investment group made up of Spire Capital Partners, L.P., Carlyle Venture Partners and Wachovia Capital Partners. Sonitrol, previously part of Tyco Fire & Security, provides audio- detection security products through direct and franchise networks in North America. In fiscal year2003, the unit had revenues of approximately $80 million. The sale of Sonitrol is part of Tyco International's previously announced divestiture and restructuring program, which calls for exiting more than 50 businesses to help Tyco sharpen the focus on core businesses, simplify operations and improve its cost structure. Tyco International Ltd. is a diversified manufacturing and service company. Tyco is the world's leading provider of both electronic security services and fire protection services; the world's leading supplier of passive electronic components; a world leader in the medical products industry; and the world's leading manufacturer of industrial valves and controls. Tyco also holds a strong leadership position in plastics and adhesives. Tyco operates in more than 100 countries and had fiscal 2003 revenues from continuing operations of approximately $37 billion. FORWARD-LOOKING STATEMENTS This release may contain certain "forward-looking statements" within the meaning of the UnitedStates Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are subject to risks, uncertainty and changes in circumstances, which may cause actual results, performance or achievements to differ materially from anticipated results, performance or achievements. All statements contained herein that are not clearly historical in nature are forward looking and the words "anticipate," "believe," "expect," "estimate," "plan," and similar expressions are generally intended to identify forward-looking statements. The forward-looking statements in this release include statements addressing the following subjects: future financial condition and operating results. Economic, business, competitive and/or regulatory factors affecting Tyco's businesses are examples of factors, among others, that could cause actual results to differ materially from those described in the forward-looking statements. Tyco is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise. More detailed information about these and other factors is set forth in Tyco's Quarterly Report on Form 10-Qfor the fiscal quarter ended December 31, 2003. Tyco is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise. DATASOURCE: Tyco International Ltd. CONTACT: Media: Gwen Fisher, +1-609-720-4387, or Investor Relations: Ed Arditte, +1-609-720-4621 or John Roselli, +1-609-720-4624, all of Tyco International Ltd. Web site: http://www.tyco.com/ Company News On-Call: http://www.prnewswire.com/comp/897850.html

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