Pre Closing Update

23 March 2011

OPSEC SECURITY GROUP PLC

("OpSec" or "the Group")

Pre Closing Update

Prior to entering the close period for the year ending 31 March 2011 OpSec Security Group plc, the supplier of high quality anti-counterfeiting technologies and services, released today the following pre-closing update.

As anticipated in the Chairman's Statement accompanying the interim results, trading in the second half has been strong with the Group seeing the benefit from cost saving and efficiency measures and an increased level of contribution from the 3dcd joint venture. We expect results for the full year to be in line with management expectations.

The Group has generated strong operating cash flow which has been used to re-invest in the business and repay some of its borrowings. Negotiations to refinance the balance of the Investcorp loan note have commenced with a number of banks and we expect to complete this process in the first half of the next financial year.

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