Close Period Update

Michael Page International PLC 11 December 2001 11 December 2001 Michael Page International Full year 2001 close period update Expected 2001 Results in line with Analysts' Forecasts In advance of the close period preceding its full year results announcement for 2001, Michael Page International plc, the professional recruitment consultancy, confirms that the trading outlook for the year is in line with the consensus of analysts' expectations. The company will announce its full year results for the year ending 31 December 2001 on 25 February 2002. Key points: * Revenues (gross profits) continue to be affected by lower business confidence, particularly in Continental Europe and Asia-Pacific * Revenue from temporary placements is proving more resilient in slowdown, temp revenue now accounts for over 25% of Group revenues * Cost base continues to be tightly controlled * Group will have positive net cash position at year end * New Jersey (USA) office opened in December and Stockholm (Sweden) office opening in January 2002, in line with the Group's longer term growth strategy Enquiries: Michael Page International plc Terry Benson, Chief Executive Stephen Puckett, Finance Director Tel: 020 7269 2205 Financial Dynamics David Yates Tel: 020 7269 7291

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