Disposal of Properties

Hays PLC
05 May 2004
                              

                                                                    5 May 2004


                                    HAYS PLC

                             DISPOSAL OF PROPERTIES


Hays plc announces that it has agreed to dispose of a portfolio of 13 properties
to Kenmore Capital Limited and its affiliates for a total cash consideration of
£57.7m. Completion of the transaction is expected to take place shortly.

The portfolio comprises certain freehold and long leasehold properties, the
majority of which are let to the Group's recently disposed former logistics
business. The properties generated annual net rental income of approximately
£4.8m.

After accounting for tax and transaction costs, net proceeds are expected to
amount to approximately £47.0m. This transaction is not expected to give rise to
a material gain or loss on disposal.

Aggregate net proceeds from the disposal of properties connected to the Group's
former logistics business since 28 November 2003 amount to approximately £80m.
The process for disposing of the remainder of the surplus properties is
continuing.

Proceeds from this transaction will be put on deposit and used to repay debt.
Hays plc expects to return surplus cash proceeds from the transformation process
to shareholders in due course.



Enquiries


Hays plc          John Martin, Group Finance Director       [phone]

Brunswick         Jon Coles                                 [phone]






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