Nicholasville, KY, November 29, 2004

Stanley Security Solutions Inc., a division of The Stanley Works in New Britain, Connecticut announced today the signing of a definitive agreement to purchase the Security Group, Inc. in Indianapolis, Indiana.

The Stanley Works, an S&P 500 company, is a worldwide supplier of consumer products, industrial tools and security solutions for professional, industrial and consumer use. The Stanley Works can be found at http://www.stanleyworks.com.

Security Group Inc. is the parent company of Sargent and Greenleaf, Inc. with headquarters in Nicholasville, Kentucky and Safemasters, Inc. in Silver Springs, Maryland. Sargent and Greenleaf including its wholly owned subsidiary in Ecublens, Switzerland is a manufacturer of medium and high security locks and locking systems. Sargent and Greenleaf can be found at http://www.sglocks.com.

“Our tremendous focus on our customers is what distinguishes us from the competition,” said Justin Boswell, President of Stanley Security Solutions. “Security Group, Inc. brings a strong, experienced management team and fits well with our strategy of expanding our sales and service operations to more effectively serve our customers. This acquisition strengthens our presence in three important vertical markets: financial institutions, government and retail.”

“We believe the opportunities of working with the resources of a larger group and the potential of cross selling of the Group’s products and services will only enhance S&G’s future growth,” said Jerry Morgan, CEO of Sargent & Greenleaf. “We have worked closely with the Stanley management team over the past few months and are encouraged by their desire to assist us with growing our businesses together,” said Bill Dempsey, President & COO of S&G.

Company officials say a closing date for the acquisitions is scheduled before end of the year 2004.