Trading Statement

12 June 2002 TRADING STATEMENT Hays plc will announce its results for the year ended 30 June 2002 on 10 September. Prior to its close period the Company today issues the following trading update. Group pre-tax profit before exceptional items and goodwill amortisation is expected overall to be in line with market expectations. Brief details on trading for each division are given below. PERSONNEL Hays Personnel continues to perform well in difficult trading conditions and results are expected to be slightly above consensus. Temporary and permanent fees have been similar period on period since the Interim Statement on 5 March 2002. Year on year permanent placements are down 21% against last year's peak and temporary fees are marginally lower. Operating profit for the last three four-week periods has been stable. COMMERCIAL Results for Commercial are expected to be below market expectations due mainly to a significant decline in profit within our IT Solutions business caused by delays in the roll out of the National Management Information System for Police Forces and lower levels of IT spend across corporate customers. This is likely to result in an impairment to the carrying value of goodwill and assets of approximately £50 million. Our Mail business and the rest of our BPO businesses are trading as expected, with the reorganisation of our Archive Storage business now progressing well. LOGISTICS Results for Logistics are expected to be in line with market expectations. OUTLOOK The economic outlook for many business sectors in Europe remains uncertain, making it difficult to predict when our businesses will return to growth from their current stable trading position. We will continue to invest in our businesses to accelerate their development and position the Group for recovery. Conference Call: The Company will host a conference call for analysts and investors at 10:00 am on 12 June 2002. The dial-in details are as follows: UK dial-in number 020 8240 8242 European dial-in number: +44 20 8240 8242 Password: Hays plc US dial-in number +1 800 513 7968 Password: Hays plc The call will be recorded and available for playback until 24 June 2002 on the following: UK replay freephone number: 0500 637 880 European replay dial-in number: +44 20 8288 4459 Access code: 670492 US replay dial-in number: +1 703 736 7336 Password: 670492 Enquiries: Bob Lawson Chairman +44 (0)1483 302203 Hays Plc Neil McLachlan Group Finance Director +44 (0)1483 302203 Hays Plc Jon Coles Brunswick +44 (0)20 7404 5959 END

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Hays (HAS)
UK 100

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