UPDATE: Stanley Black & Decker Announces Acquisition of Niscayah Shares

Stanley Black & Decker SWK announced that its wholly owned Swedish subsidiary acquired earlier today in Europe, through purchases made outside its pending tender offer to acquire all the outstanding shares and warrants of Niscayah Group AB, 21,010,494 class B shares of Niscayah, representing approximately 5.8% of the outstanding shares,1 at prices not exceeding SEK 18. This accumulation of shares reflects Stanley's commitment to the tender offer announced earlier today.