Second Quarter Trading Update 9 July 2010

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1 Second Quarter Trading Update 9 July 2010

2 Michael Page International Second Quarter Trading Update Group gross profit Constant Group gross profit m m Reported exchange 2010 vs % +29.8% 2010 vs % +13.9% H vs H % +15.0% Headcount Increased by 201 (+5.5%) during at 3,860 ( 2010: 3,659) Increased by 311 since the start of the year

3 Michael Page International Second Quarter Trading Update Group quarterly gross profit Gross Profit ( m) as reported

4 Michael Page International Second Quarter Trading Update Variance in quarterly gross profit and headcount % % 8.6% % 10.1% 7.9% 400 Gross Profit ( m) as reported m m 2.0% % - 11m -7.3% - 23m % - 24m m -1.8% m -10.4% -11.8% % 8m 0.1% 5 7m 3.1% m 5.5% Headcount % Changes in: Quarterly Gross Profit Headcount % -20.0%

5 Michael Page International Second Quarter Trading Update Group perm/temp gross profit Constant Perm/temp gross profit m m Reported exchange Permanent % +47.0% Temporary % -9.1% Ratio (Perm:Temp) 79:21 69: Constant Perm/temp gross profit m m Reported exchange Permanent % +16.9% Temporary % +4.0% Ratio (Perm:Temp) 79:21 77:23 H H Constant Perm/temp gross profit m m Reported currency Permanent % +28.3% Temporary % -15.3% Ratio (Perm:Temp) 78:22 70:30

6 Michael Page International Second Quarter Trading Update EMEA gross profit (42% of Group) Constant m m Reported exchange 2010 vs % +25.0% 2010 vs % +7.7% H vs H % +8.6% Headcount up 80 (+5.1%) at 1,645 ( 2010: 1,565) In local currency France (16% of the Group) was higher by 26% against 2009 (7% higher than 2010) Germany (5% of the Group) was higher by 17% against 2009 (3% higher than 2010) Netherlands (4% of the Group) was lower by 27% against 2009 (2% lower than 2010) Italy (4% of the Group) was higher by 46% against 2009 (14% higher than 2010) Spain (3% of the Group) was higher by 27% against 2009 (3% higher than 2010) Austria, Belgium, Ireland, Luxembourg, Poland, Portugal, Russia, South Africa, Sweden, Switzerland, Turkey, U.A.E. (10% of the Group) was higher by 66% against 2009 (16% higher than 2010)

7 Michael Page International Second Quarter Trading Update EMEA quarterly gross profit Gross Profit ( m) as reported

8 Michael Page International Second Quarter Trading Update UK gross profit (29% of Group) m m Reported 2010 vs % 2010 vs % H vs H % Headcount up 8 (+0.7%) at 1,218 ( 2010: 1,210) Finance and Accounting (14% of the Group) was higher by 10% against 2009 (10% higher than 2010) Marketing, Sales and Retail (7% of the Group) was higher by 26% against 2009 (15% higher than 2010) Legal, Technology, HR and Secretarial (5% of the Group) was higher by 12% against 2009 (13% higher than 2010) Engineering & Manufacturing, Procurement & Supply Chain, Property & Construction (3% of the Group) was higher by 17% against 2009 (8% higher than 2010)

9 Michael Page International Second Quarter Trading Update UK quarterly gross profit Gross Profit ( m)

10 Michael Page International Second Quarter Trading Update Asia Pacific gross profit (16% of Group) Constant m m Reported exchange 2010 vs % +63.8% 2010 vs % +32.4% H vs H % +45.3% Headcount up 61 (+13.9%) at 501 ( 2010: 440) In local currency Australia and New Zealand (9% of the Group) was higher by 45% against 2009 (24% higher than 2010) Asia (7% of the Group) was higher by 90% against 2009 (44% higher than 2010)

11 Michael Page International Second Quarter Trading Update Asia Pacific quarterly gross profit Gross Profit ( m) as reported

12 Michael Page International Second Quarter Trading Update Americas gross profit (13% of Group) Constant m m Reported exchange 2010 vs % +65.6% 2010 vs % +23.8% H vs H % +39.8% Headcount up 52 (+11.7%) at 496 ( 2010: 444) In local currency Brazil, Mexico and Argentina (8% of the Group) was higher by 75% against 2009 (27% higher than 2010) USA and Canada (5% of the Group) was higher by 53% against 2009 (18% higher than 2010)

13 Michael Page International Second Quarter Trading Update Americas quarterly gross profit Gross Profit ( m) as reported

14 Michael Page International Second Quarter Trading Update Financial position 15.0m shares repurchased for 61.8m in fi rst half and placed into Employee Benefi t Trust 0.7m new shares issued in fi rst half to satisfy share option exercises Number of shares outstanding at 30 June 2010: 324,090,701, of which 15,053,233 are held by the Employee Benefi t Trust upon which dividends are waived 12m of VAT refund returned to HMRC. 28.5m of VAT refund shown as non-recurring income in the income statement 2009 fi nal dividend of 16.1m paid in June Net cash at 30 June 2010 in the region of 63m

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