EXHIBIT 99.1

         CONTACT: Jonathan M. Spiller
                  President & Chief Executive Officer
                  904-741-5400

         FOR IMMEDIATE RELEASE

         ARMOR HOLDINGS, INC. ANNOUNCES STOCK REPURCHASE PROGRAM

         Jacksonville, Florida (August 10, 1998) - Armor Holdings, Inc. (the
         "Company") [AMEX:ABE] announced today that the Company's Board of
         Directors approved a stock repurchase program pursuant to which the
         Company is authorized, depending upon market conditions and other
         factors, to repurchase up to a maximum of $10,000,000 of its Common
         Stock in the open market, in privately negotiated transactions or
         otherwise. The repurchase program will be effective through December
         31, 1999. Such repurchases will be made in accordance with applicable
         rules and regulations, and may be discontinued at any time.

         Armor Holdings, Inc., based in Jacksonville, FL., is a global provider
         of security solutions and products to multi-national corporations and
         government agencies. Armor Holdings Services provides remote site
         logistics, investigative due diligence, systems integration, and
         physical asset, executive and intellectual property asset protection.
         Armor Holdings Products manufactures law enforcement equipment,
         including body armor, less-lethal munitions and anti-riot products for
         law enforcement and military agencies.

         This press release contains forward-looking statements that involve
         risks and uncertainties. The Company's actual results could differ
         materially from those discussed in such forward-looking statements
         based on a variety of factors. Other risks are reflected in the
         Company's filings with the Securities and Exchange Commission.

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