Stanley Black & Decker Publishes Offer Document Regarding Recommended All-Cash Offer to the Shareholders and Warrant Holders in Niscayah and Files Notification of the Proposed Acquisition with the European Commission

Stanley Black & Decker, Inc. (“Stanley Black & Decker”) SWK today announced that the offer document regarding its recommended all-cash offer to acquire all class A and class B shares and warrants in Niscayah Group AB, through a tender offer by indirect wholly-owned subsidiary SBD Holding AB, has been made available on Stanley Black & Decker's website for the Offer (www.publicoffer.se) and on Handelsbanken Capital Markets' website (www.handelsbanken.se/investmentoffer). The offer document and the acceptance form will be distributed to shareholders and warrant holders in Niscayah whose shares and/or warrants were directly registered with Euroclear Sweden AB as of July 21, 2011. Hard copies of the offer document are available at Handelsbanken's branch offices in Sweden. The Offer represents a premium of approximately 47% compared to Niscayah's closing price1 prior to the announcement of Securitas' offer to acquire Niscayah on May 16, 2011, and a premium of approximately 15% compared to Niscayah's closing price on June 23, 2011 (the last trading day prior to the announcement of the Offer). At announcement, the Offer represented a premium of approximately 24% to the then value of Securitas' all-stock offer. The independent committee of the board of directors of Niscayah has unanimously recommended that shareholders and warrant holders in Niscayah accept the Offer. Niscayah shareholders representing approximately 19.5% of the shares in Niscayah have committed to accept the Offer, subject to certain conditions.
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