First National AlarmCap Income Fund

First National AlarmCap Income Fund

September 16, 2011 14:49 ET

First National AlarmCap Income Fund Announces Meeting Results and Delisting

EDMONTON, ALBERTA--(Marketwire - Sept. 16, 2011) - First National AlarmCap Income Fund (TSX:FNA.UN) (the "Fund") is pleased to announce that its unitholders voted in favour of a resolution to sell substantially all of its assets (the "Sale") for cash consideration of approximately $59.7M to Stanley Canada Corporation ("Stanley"), a subsidiary of S&P 500 company Stanley Black & Decker.

Closing of the Sale is anticipated to take place on September 19, 2011, and it is expected that the units of the Fund will be delisted after market close on September 23, 2011.

The Fund is an unincorporated, open-ended, limited purpose trust and its Units are listed on the Toronto Stock Exchange. It is one of the leading Canadian-owned security alarm service providers in Canada, serving more than 79,000 residential and commercial customers. It offers customers a full suite of security and related monitoring products and services, including intrusion, smoke detection and environmental services. Monitoring services are provided 24 hours per day, 365 days per year from our state-of-the-art ULC listed monitoring centres with bilingual speaking capabilities. Information about First National AlarmCap Income Fund can be found at or at

Forward-Looking Statements

This news release contains "forward-looking statements" within the meaning of applicable securities laws relating to the Sale, including statements regarding the terms and conditions of the Sale. Readers are cautioned not to place undue reliance on forward-looking statements. Actual results and developments may differ materially from those contemplated by these statements depending on, among other things, the risks that the parties will not proceed with the Sale, that the ultimate terms of the Sale will differ from those that currently are contemplated, and that the Sale will not be successfully completed for any reason. The statements in this news release are made as of the date of this release. Forward-looking statements are made based on management's beliefs, estimates and opinions on the date the statements are made and the Fund undertakes no obligation to update forward-looking statements except as may be required by applicable law.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

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