Re. Trading Update

Michael Page International PLC 09 December 2002 9 December 2002 Pre Close Period Trading Update Michael Page International plc, the professional recruitment consultancy, confirms that it remains on track to meet the current consensus of analysts' earnings estimates for the year ending 31 December 2002. The Company will be meeting with analysts and investors this week to provide a trading update ahead of the close period preceding its preliminary results announcement. As announced in October, revenues going into the final quarter softened against a backdrop of weakening business confidence in the UK and Continental Europe and this trend has continued during the period. Revenues for the quarter are now anticipated to be between £42.5m and £44m. The Company continues to pay close attention to its cost base. Commenting, Terry Benson, Chief Executive of Michael Page, said: "The strength of the Michael Page brand and a tight control of costs are enabling us to trade relatively well in difficult market conditions. While we are preparing for a continuation of the same challenging environment during 2003, we remain committed to maintaining our market presence, making sensible investments in new business opportunities and technology whilst at the same time continuing to control costs." Contacts: Michael Page International plc Terry Benson Chief Executive 020 7269 2205 Stephen Puckett Finance Director 020 7269 2205 Financial Dynamics David Yates/Richard Mountain 020 7831 3113 (Ends) This information is provided by RNS The company news service from the London Stock Exchange

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