Press Release

January 15, 2008

RAYMOND JAMES CAPITAL ACQUIRES
SIRCHIE GROUP OF COMPANIES

ST. PETERSBURG, Fla. – Raymond James Financial, Inc., on behalf of its merchant banking subsidiary, Raymond James Capital, Inc., today announced that it has acquired a controlling interest in the business of Sirchie Finger Print Laboratories, Inc. (Sirchie) and certain other related assets and companies.

Based in Youngsville, N.C., Sirchie is a leading manufacturer and distributor of consumables, products and equipment used by law enforcement agencies worldwide to identify, collect, record, analyze and evaluate evidence for criminal investigations. The 85-year-old company counts over 14,000 law enforcement agencies worldwide amongst its customer base.

The acquisition covers the businesses of Sirchie and those of related companies Premier Crown Corporation, American Institute of Applied Science, Inc., Forensic Products Inc., and Fingerprint Equipment Laboratories, Inc. Also included in the transaction is certain real estate and approximately 12.9 million shares of the common stock of Law Enforcement Associates Corporation (AMEX-AID), a manufacturer and distributor of audio and video surveillance products, and vehicle inspection systems.

The transaction was effected through Sirchie Acquisition Company, LLC, 20 percent of which is owned by the former majority shareholder of Sirchie, Mr. John Carrington.

“We are excited to acquire the leading forensic products business in the United States. Sirchie has a talented, seasoned management team and represents an exciting platform that is well positioned to grow both organically and through acquisitions,” said Gene J. Ostrow, a managing director of Raymond James Capital.

According to Raymond James Capital Managing Director David E. Thomas, Jr., “Sirchie has an outstanding reputation in the law enforcement community in the U.S. and throughout the world. We were attracted to Sirchie’s business model and long-term track record, which are based on providing a breadth of quality products and outstanding customer service to its large customer base.”

About Raymond James Capital, Inc.
Raymond James Capital, Inc. is a merchant banking subsidiary of Raymond James Financial, Inc. (NYSE - RJF), which owns one of the largest investment banking firms headquartered in the Southeast. RJC makes direct investments in recapitalizations and acquisitions of middle market businesses where it can create value-added partnerships with owners or managers who (i) desire current liquidity and (ii) seek additional capital and expertise to take advantage of growth opportunities. For additional information, please visit raymondjamescapital.com.

About Raymond James Financial
Raymond James Financial (NYSE-RJF) is a Florida-based diversified holding company providing financial services to individuals, corporations and municipalities through its subsidiary companies. Its three principal wholly owned broker/dealers (Raymond James & Associates, Raymond James Financial Services and Raymond James Ltd.) and Raymond James Investment Services Limited, a majority-owned independent contractor subsidiary in the United Kingdom, have a total of more than 4,750 financial advisors serving approximately 1.6 million accounts in 2,200 locations throughout the United States, Canada and overseas. In addition, total client assets are currently $215 billion, of which approximately $37.3 billion are managed by the firm’s asset management subsidiaries.

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For more information, contact Anthea Penrose at 727-567-2824

Please visit the Raymond James Press Center at raymondjames.com/media.