RNS Number:2884J
Safeland PLC
27 March 2003



Safeland plc, the property trading and investment company announces that
it has today entered into put and call options which are exercisable between 7
April 2003 and 14 April 2003 with Andrew Perloff, a director of tecc-IS Plc ("
tecc-IS"), to purchase 10,843,250 tecc-IS ordinary shares at 9p per share in
cash (representing 25% of the ordinary issued share capital of that company).
tecc-IS is quoted on AIM and was originally formed to make strategic investments
in technology companies in Israel.  Larry Lipman, Safeland Managing Director,
and Errol Lipman, Safeland Executive Director, have today been appointed as
directors of tecc-IS.



In addition, Daniel Kay, with whom Safeland formed a joint venture in 2001, has
been appointed as a director of tecc-IS.



Safeland has acquired this interest in tecc-IS as a further strategic investment
as part of its policy to diversify its activities and increase its opportunities
for expansion.



tecc-IS reported net assets of #5.1 million as at 30 June 2002 of which #3.5
million (8.1p per share) was in cash.  For the six months ended 30 June 2002
tecc-IS reported a loss on ordinary activities of #107,000 (0.2p per share).




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