Adjusted Timeline on UK Takeover Reported by Adecco, as Per the Takeover Panel's Indication

Adecco S.A. Announces Compliance with UK Takeover Code Regarding Michael Page International PLC

In a significant development, Adecco S.A., the global leader in Human Resource services, has announced its compliance with the UK Takeover Code regarding potential dealings in securities of Michael Page International PLC.

As per the ruling, Adecco S.A. must disclose any dealings in relevant securities of Michael Page International PLC by 3.30 pm London time on the day following the relevant transaction. This rule applies until the offer becomes unconditional or the offer period ends. The disclosure table of companies whose dealings should be disclosed can be found on the Takeover Panel's website.

The UK Takeover Panel has set a deadline of 5 p.m. UK time (6 p.m. CET) on September 30, 2008, for Adecco S.A. to announce a firm intention to make an offer for Michael Page International PLC or to announce that it does not intend to make an offer. This ruling has been accepted by all parties involved.

It is important to note that this announcement does not constitute an announcement of a firm intention by Adecco S.A. to make an offer under Rule 2.5 of the Code. There can be no assurance that any offer will be made by Adecco S.A.

Interests in securities arise when a person has long economic exposure, whether conditional or absolute, to changes in the price of securities. If two or more persons act together to acquire an interest in relevant securities of Michael Page International PLC, they will be deemed to be a single person for the purpose of Rule 8.3.

All dealings in relevant securities of Michael Page International PLC by Adecco S.A. or its associates must be disclosed by 12.00 noon London time on the day following the relevant transaction, as per Rule 8.1 of the UK Takeover Code.

Adecco S.A. is a Fortune Global 500 company and the global leader in HR services, with over 700,000 associates, 6,700 offices in over 60 countries and territories, and over 36,500 employees (FTEs). The company is registered in Switzerland (ISIN: CH0012138605) and listed on the Swiss Stock Exchange with trading on SWX Europe (SWX: ADEN) and the Euronext Paris (EURONEXT: ADE).

The distribution of this announcement may be restricted by law in certain jurisdictions outside the United Kingdom. Persons in possession of this announcement should inform themselves about, and observe, such restrictions to avoid violating securities law in those jurisdictions.

Contact information for Adecco S.A.'s Corporate Press Office and Corporate Investor Relations is provided in the announcement. A further announcement to the market will be made when appropriate.

It is worth noting that the information in the release may involve forward-looking statements regarding the future, which involve risks and uncertainties. Terms used in quotation marks are defined in the Code, which can be found on the Panel's website.

This news article is intended to inform and not to, and does not, constitute or form part of any offer, invitation or the solicitation of an offer to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of, any securities.

Adjusted Timeline on UK Takeover Reported by Adecco, as Per the Takeover Panel's Indication