Issue of Equity

Manpower Software PLC 20 April 2001 Manpower SoftWare plc Further Re: Rights Issue 20 April, 2001 Not for release, publication or distribution in or into the United States, Canada, Australia, Japan or Sweden Manpower SoftWare plc ('Manpower') 3 for 4 Rights Issue The Board of Manpower SoftWare is pleased to announce that, further to the announcement yesterday, subscribers have now been procured for all of the New Ordinary Shares for which valid acceptances were not received pursuant to the Rights Issue, at the Rights Issue Price. For non-CREST Qualifying Shareholders it is expected that definitive share certificates in respect of the New Ordinary Shares will be despatched on or before 26 April 2001. For CREST Qualifying Shareholders it is expected that Manpower's registrars will instruct CREST to credit the appropriate CREST member accounts on 23 April 2001. Terms used in this announcement have the meanings ascribed to such expressions in the circular to Shareholders dated 1 March 2001. For further information please contact: Manpower Robert Drummond, Chief Executive Officer 020 7462 3300 Simon Thorne, Finance Director Strand Partners Simon Raggett, Director 020 7409 3494 Additional Information Strand Associates and Strand Partners acted as underwriter and financial adviser to the Company respectively with regard to the Rights Issue. This announcement has been issued by and is the sole responsibility of the Company. It has been approved by Strand Partners solely for the purposes of Section 57 of The Financial Services Act 1986. Strand Partners, which is regulated in the United Kingdom by The Securities and Futures Authority Limited, has acted exclusively for Manpower and no-one else in connection with the Rights Issue and will not be responsible to anyone other than Manpower for providing the protections afforded to customers of Strand Partners or for providing advice in relation to the Rights Issue or any matter referred to herein. This announcement is not for distribution, directly or indirectly, in or into the United States. This announcement does not constitute an offer of securities for sale into the United States. The securities issued pursuant to the Rights Issue are not being registered under the US Securities Act of 1933 and may not be offered or sold in the United States or to, or for the account or benefit of, US person (as such terms are defined in Regulation S, as promulgated under such Act) unless they are registered or exempt from registration. No public offering of securities is being made into the United States. END
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