Trading Statement

Michael Page International PLC 06 July 2004 6 July 2004 2004 FIRST HALF TRADING UPDATE Michael Page International plc, the specialist recruitment consultancy, reports second quarter revenues (gross profit) of £52.3m resulting in first half year revenues of £100.4m. The second quarter revenue represents a like for like increase of 16.3% and a sequential increase of 8.6%. Revenue in the first half is 14.4% higher than the £87.8m recorded in the first half of 2003. UK first half revenues were £53.1m, up 21.5% on the first half of 2003. In Continental Europe, where market conditions remained challenging, first half revenues were £29.6m, 3.2% below the first half of 2003. In Asia Pacific, first half revenues were £14.3m, 24.3% up on the first half of 2003. In the Americas, first half revenues were £3.3m, 73.6% up on the first half of 2003. Commenting on the first half results, Chief Executive Terry Benson said: "We are extremely pleased with the continuing strong increase in our revenues. While trading conditions in Continental Europe remain tough there are some early signs of increased activity. We are encouraged with our progress in The Americas and during the first half opened new offices in Boston and Chicago." During the second quarter Michael Page International plc reinstated its share buy back programme, purchasing 9m shares at an average price of 169p. Michael Page International plc will announce its interim results for the six months ended 30 June 2004 on 16 August 2004. Enquiries: Michael Page International plc Terry Benson Chief Executive 0207 269 2205 Stephen Puckett Group Finance Director 0207 269 2205 Financial Dynamics Richard Mountain 020 7269 7291 This information is provided by RNS The company news service from the London Stock Exchange

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