In accordance with the Company’s articles of association, the redemption of all preference A shares has become effective on 5 July 2005. An amount of € 1.47478 will be paid for each preference A share, increased by a dividend due of € 0.06012 for the period from 1 January 2005 to 5 July 2005, resulting in a total payment of € 1.5349 for each preference A share. The aggregate payment for the 34,323,680 outstanding preference A shares will therefore be €52.7 million.

The Annual General Meeting held on 29 April 2005 also approved the redemption of the preference B shares effective 1 July 2007. There are 27,000 preference B shares outstanding and the redemption price (excluding dividends accrued but unpaid at the redemption date) will be €100, giving an aggregate redemption price of €2.7 million.

Finance for the redemption of the preference A shares is being provided from existing financial resources. The redemption will be accretive to earnings, and will add EUR 0.01 to earnings per share for 2005 (EUR 0.02 on an annual basis).

Notes to editors:

Vedior is one of the world’s largest recruitment companies and is a full-service recruitment provider with a diversified portfolio of brands targeting a broad range of industry sectors. Annual sales for 2004 were €6,467 million. From its global network of offices spanning Europe, North America, Australasia, Asia, South America and Africa, Vedior offers temporary and permanent recruitment as well as a number of complementary employment-related services such as outplacement, HR outsourcing, payrolling and training. Vedior has a leading market position in the provision of professional/executive recruitment in sectors such as information technology, healthcare, accounting, engineering and education. In order to meet client requirements for all categories of personnel, we also have a significant global network providing administrative/secretarial and light industrial recruitment. [header]For further information, please contact:[/header] [i]Amsterdam[/i] [|]Frits Vervoort, Chief Financial Officer[| |]+31 (0)20 573 5609[/|] [|]Jelle Miedema, Company Secretary[/|]