8-K

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON D.C. 20549

FORM 8-K

Current Report Pursuant

To Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of report		December 24, 2003
(Date of earliest event reported)	(	December 23, 2003)

Protection One, Inc.	Protection One Alarm Monitoring, Inc.
(Exact Name of Registrant	(Exact Name of Registrant
as Specified in Charter)	as Specified in Charter)
Delaware	Delaware
(State or Other Jurisdiction	(State or Other Jurisdiction
of Incorporation)	of Incorporation)
1-12181-01	1-12181
(Commission File Number)	(Commission File Number)
93-1063818	93-1065479
(I.R.S. Employer	(I.R.S. Employer
Identification No.)	Identification No.)
818 S. Kansas Avenue	818 S. Kansas Avenue
Topeka, Kansas 66612	Topeka, Kansas 66612
(Address of Principal Executive	(Address of Principal Executive
Offices, Including Zip Code)	Offices, Including Zip Code)
(785) 575-1707	(785) 575-1707
(Registrant’s Telephone Number,	(Registrant’s Telephone Number,
Including Area Code)	Including Area Code)

PROTECTION ONE, INC

Item 5.  Other Events

Protection One, Inc. announced in a press release on December 23, 2003 that Westar Energy, Inc. (NYSE: WR) issued a press release on the same date disclosing that Westar Energy entered into a definitive agreement to sell its approximately 88% equity interest in Protection One and to transfer its rights and obligations as the lender under Protection One’s credit facility to affiliates of Quadrangle Group LLC (www.quadranglegroup.com). Westar Energy further announced that the transaction is expected to be completed during the first quarter of 2004, subject to customary conditions precedent to closing, including approval from the Kansas Corporation Commission.  Protection One is not a party to this agreement.

Item 7.  Exhibits.

(c)Exhibits:

99.1 Press Release dated December 23, 2003.

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, each Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		Protection One, Inc.
Date:	December 24, 2003	By:	/s/ Darius G. Nevin
			Darius G. Nevin
			Executive Vice President
		and Chief Financial Officer
		Protection One Alarm Monitoring, Inc.
Date:	December  24, 2003	By:	/s/ Darius G.Nevin
			Darius G. Nevin
			Executive Vice President
		and Chief Financial Officer

3

EXHIBIT INDEX

99.1 Press Release dated December 23, 2003.

4

EX-99.1

Exhibit 99.1

SALE OF WESTAR ENERGY’S INTERESTS IN PROTECTION ONE ANNOUNCED

TOPEKA, Kan., Dec. 23, 2003 — Protection One, Inc. (OTC Bulletin Board: POIX) announced that Westar Energy, Inc. (NYSE: WR) issued a press release today disclosing that Westar Energy entered into a definitive agreement to sell its approximately 88% equity interest in Protection One and to transfer its rights and obligations as the lender under Protection One’s credit facility to affiliates of Quadrangle Group LLC (www.quadranglegroup.com). Westar Energy further announced that the transaction is expected to be completed during the first quarter of 2004, subject to customary conditions precedent to closing, including approval from the Kansas Corporation Commission.  Protection One is not a party to this agreement.

Richard Ginsburg, President and Chief Executive Officer of Protection One, stated, “We remain committed to serving our more than one million customers and appreciate the dedication of Protection One’s employees as Westar Energy appears to be nearing the consummation of the sale of its interests in our company.”

Westar Energy’s press release is available at its internet site (www.wr.com).

Protection One, one of the leading commercial and residential security service providers in the United States, provides monitoring and related security services to more than one million residential and commercial customers in North America and is a leading security provider to the multifamily housing market through Network Multifamily.  For more information about Protection One, visit www.ProtectionOne.com.

Forward-looking Statements: Certain matters discussed in this news release are “forward-looking statements.” The Private Securities Litigation Reform Act of 1995 has established that these statements qualify for safe harbors from liability. Forward-looking statements may include words or phrases, such as “we believe”, “we anticipate,” “we expect” or words of similar meaning. Forward-looking statements describe our future plans, objectives, expectations or goals. Such statements address future events and conditions concerning customer retention, revenue stabilization and stabilization of our customer account base. Our actual results may differ materially from those discussed here. See the Company’s Annual Report on Form 10-K for the year ended December 31, 2002, the quarterly report on Form 10-Q for the quarter ended September 30, 2003, and current reports on Form 8-K for further discussion of factors affecting the Company’s performance. Protection One disclaims any obligation to update any forward-looking statements as a result of developments occurring after the date of this news release.