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  Brink’s Home Security files registration statement with SEC for planned spin-off from Brink’s

May 31 2008

May 30, 2008 - 6:25 p.m.

RICHMOND, Va. (AP) - Brink's Home Security Holdings Inc. on Friday filed a registration statement with the Securities and Exchange Commission related to its anticipated spin-off from Brink's Co.

The quantity has been approved by the Brink's board. No shareholder ballot is required.

Under terms of the deal, Brink's shareholders will take a tax-free stock distribution from the recently made known company.

As separate companies, both Brink's and Brink's Home Security will exist better positioned to pursue growth opportunities and have more focused management and more efficient fatal structures, Brink's before-mentioned.

After months of pressure from shareholders, Brink's announced plans in February to spin off the home security business in the fourth quarter.

Brink's will continue to trade on the New York Stock Exchange under the symbol "BCO," while Brink's Home Security is expected to trade on the NYSE under a emblem yet to be determined.

Brink's shares slipped a penny to close at $72.48.

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