EXHIBIT 99.1

                           [PROTECTION ONE LETTERHEAD]

                             PROTECTION ONE APPOINTS
                          DELOITTE & TOUCHE AS AUDITORS


         TOPEKA, Kan.--(BUSINESS WIRE)--May 30, 2002 - Protection One
(NYSE:POI), one of the nation's leading providers of monitored security
services, announced today that Deloitte & Touche LLP has been appointed as the
Company's independent auditor for 2002. Deloitte & Touche will replace Arthur
Andersen LLP as the independent auditor for the Company.

         The appointment of Deloitte & Touche was made on the recommendation of
the Audit and Finance Committee of the Board of Directors and concludes an
evaluation process initiated earlier in the year.

         The decision to change auditors was not the result of any disagreement
between the Company and Arthur Andersen on any matter of accounting principles,
practices or financial disclosure. "During its tenure as the company's
independent auditor, Arthur Andersen provided quality service and demonstrated a
high level of professionalism," said Darius G. Nevin, the Company's chief
financial officer.

                                       ###

Protection One, one of the leading commercial and residential monitored security
services companies in the United States and a leading security provider to the
multifamily housing market through Network Multifamily, serves more than one
million customers in North America. Protection One is also a proud sponsor of
the Protection One 400, a multi-year NASCAR Winston Cup Series Race at Kansas
Speedway. For more information on Protection One, go to
http://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
capital expenditures, earnings, attrition, litigation, impact of accounting rule
changes, possible corporate restructurings, mergers, acquisitions, dispositions,
liquidity and capital resources, interest rates, and our ability to enter new
markets successfully. 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, 2001, 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.