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Tyco International Completes Tender Offer For Holmes Protection Group, Inc.

Hamilton, BERMUDA (February 4, 1998) -- Tyco International Ltd. (NYSE-TYC, LSE-TYI) announced today that it has completed its $17 per share cash tender offer for all outstanding common shares of Holmes Protection Group, Inc. (NASDAQ-HLMS) (€˜Holmes'). The offer expired by its terms at 12:00 midnight, New York City time, on February 3, 1998.

According to ChaseMellon Shareholder Services, L.L.C., the depositary, 6.115,891 common shares, representing approximately 97% of the outstanding common shares of Holmes, were tendered by shareholders (including shares subject to guaranteed delivery) prior to the offer's expiration.

Tyco International Ltd., a diversified manufacturing and service company, is the world's largest manufacturer and installer of fire protection systems, the largest provider of electronic security services in North America and the United Kingdom and has strong leadership positions in disposable medical products, packaging materials, flow control products, electrical and electronic components and underwater telecommunications systems. The Company operates in more than 75 countries around the world and has annual revenues in excess of $11 billion.