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FOR IMMEDIATE RELEASE

Release No. 0907-02
September 14, 2007

RAYMOND JAMES MERCHANT BANKING UNIT
ANNOUNCES DEFINITIVE AGREEMENTS
TO ACQUIRE 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 entered into definitive agreements to acquire 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 definitive agreements cover 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 transactions 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 transactions will be effected through Sirchie Acquisition Company, LLC, 20 percent of which will be owned by the former majority shareholder of Sirchie. The closing of the transactions is subject to certain closing conditions, including satisfactory completion of due diligence, and is expected to close next quarter.

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

About Raymond James Financial, Inc.
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 wholly owned broker/dealers, Raymond James & Associates, Raymond James Financial Services and Raymond James Ltd. have more than 4,640 financial advisors serving 1.6 million accounts in 2,200 locations throughout the United States, Canada and overseas. Total client assets are approximately $204 billion. Approximately $35.4 billion are managed by the firm's asset management subsidiaries.

For more information, contact Anthea Penrose at 727-567-5283
Please visit the Raymond James Press Center at raymondjames.com/media.