INTERIM REPORT JANUARY-SEPTEMBER 2009

INTERIM REPORT JANUARY-SEPTEMBER 2009 

Sales increased by 1 percent to MSEK 5,660 (5,620) and the organic sales growth
amounted to -10 percent (4). 
 	Sales of services increased by 13 percent to MSEK 2,459 (2,186).
 	Operating income (EBIT) increased by 24 percent and amounted to MSEK 402
(325), which resulted in an operating margin (EBIT) of 7.1 percent (5.8). 
 	Income before tax increased by MSEK 632 to MSEK 381 (-251). Foreign exchange
rate effects impacted financial net by MSEK 23 (-6).
 	Net income increased by MSEK 589 to MSEK 265 (-324) and earnings per share
increased to SEK 0.72 (-0.89).
 	The operating cash flow amounted to MSEK 593 (360).

COMMENTS FROM THE CEO, JUAN VALLEJO, 
The market situation continues to be weak with low demand and high price
pressure, particularly within implementation projects. It is gratifying to see
that sales of services continue to rise and the share of services amounted to 46
percent during the third quarter.  The restructuring program which commenced
during the fourth quarter 2008 is proceeding as planned. We will continue to
adapt the organization depending on how demand develops on the various markets.
In addition to this, we see further opportunities to improve efficiency. The
cash flow was strong during the third quarter and significantly better compared
with the same quarter of the previous year. We are continuing to focus on
refinement of the service offering with recurring income and improving cost
efficiency while at the same time prioritizing margins over growth. All of the
measures initiated create a stable basis for continued development.

Press conference
A press conference will be held at Niscayah's head office at Lindhagensplan 70
in Stockholm on November 3, 2009, at 10.30 a.m., CET. 10.30. To follow the press
conference by telephone (and ask questions), please call:
Sweden: + 46 (0) 8 50 520 270
UK: + 44 (0) 208 817 9301 
US: + 1 718 354 1226

For further information please contact:
Juan Vallejo, CEO and President	 +46 10 458 8000
Håkan Gustavson, CFO	 +46 10 458 8000
Else Trägårdh, Investor Relations	 +46 10 458 8080


Niscayah Group AB (publ.) is a world-leading security partner offering complete
security solutions for clients with high security demands within market segments
such as banking and finance, industry, defense, healthcare and retail.
Niscayah's services are based on modern technology and include access control,
video surveillance, intrusion protection and fire alarm systems.
www.niscayah.com

Niscayah Group AB discloses the information provided herein pursuant to the
Swedish Securities Markets Act and/or the Swedish Financial Instruments Trading
Act. This information was submitted for publication on November 3, 2009 at 08.30
a.m.