GLOBE BUSINESS RESOURCES, INC.
                            EXHIBIT 99 - SAFE HARBOR

     The Private Securities Litigation Reform Act of 1995 provides a safe harbor
from civil litigation in many instances for forward-looking statements. In order
to take advantage of the Act, such  statements must be accompanied by meaningful
cautionary  statements that identify  important  factors that could cause actual
results to differ materially from those that might be projected. This exhibit to
the  Registrant's  Form 10-Q is being filed in order to allow the  Registrant to
take  advantage of the new  provisions  of this Act by providing  the  following
cautionary statements:

Risk Factors Affecting Globe

     Globe's  business  operations  and  strategy  are  subject  to a number  of
uncertainties  and risks which could  adversely  affect its  performance  in the
future. Among these are the following factors:

     Globe's  principal  growth  strategy  depends on the  acquisition  of other
companies  in  the  rent-to-rent  and  corporate  housing  businesses.  Although
previous  acquisitions  have been successful to date,  there can be no assurance
that any additional  acquisitions  will be consummated or that, if  acquisitions
are  consummated,  they will be successful.  Acquisitions  require a significant
commitment of corporate  resources,  management  attention and capital which, in
certain cases, could exceed that available to Globe.  Additionally,  Globe could
experience unexpected costs and operational difficulties in integrating acquired
businesses.

     There  can be no  assurances  that  Globe  will be able to  maintain  large
customer  contracts,  enter into new  contracts,  or  increase  market  share by
expanding into new markets in the future.

     Many of Globe's competitors have greater financial and other resources than
Globe. These resources could give them an advantage in price and service areas.

     Several of Globe's  rental  customers  compete with Globe in its  corporate
housing  business.  As Globe  expands  in the  corporate  housing  area,  it may
continue to lose rental business from those competitors.

     Globe is  dependent  on its computer  systems in its daily  operations.  In
addition,  Globe is developing a common  computer  system for its Corporate Stay
International business.  Significant cost or time overruns on the Corporate Stay
International  system  development or  unidentified  deficiencies in other Globe
systems could have a material adverse affect on Globe's operations.

     While Globe is not aware of Year 2000  noncompliance  exposures  related to
either its own  operations or the operations of customers or vendors and it does
not have a  relationship  with any  third-party  vendor which is material to its
operations, there can be no assurance that either its own systems or the systems
of other  companies  on which the Company  relies will be  converted in a timely
manner  or that the  failure  to  convert  would not have an  adverse  impact on
Globe's operations.  Costs associated with any such failure cannot be reasonably
estimated.

     The  Company   believes  that  the  industry  it  serves  is  significantly
influenced  by  economic  conditions  generally  and by levels of job  creation,
relocations of employees and general  business  activity.  A prolonged  economic
downturn could have a material adverse affect on Globe's operations.




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