Result of Equity Issue

Manpower Software PLC
19 April 2001


Manpower Software plc

Result of Rights Issue

Not  for  release,  publication or distribution in or into  the  United  States,
Canada, Australia, Japan or Sweden

Manpower Software plc ('Manpower')

Acceptances of 3 for 4 Rights Issue

The  Board  of  Manpower announces that, by 3.00pm on 17 April 2001,  being  the
latest  time and date for acceptance and payment in full under the Rights Issue,
valid acceptances had been received in respect of 7,671,018 New Ordinary Shares,
representing approximately 74.84 per cent. of the 10,249,827 New Ordinary Shares
offered  to  Qualifying Shareholders at the Rights Issue Price of 25  pence  per
share. In accordance with the terms of the Rights Issue, and with the consent of
Strand  Partners,  Manpower  has included within these  acceptances  Provisional
Allotment  Letters and accompanying remittances received through the  post  not
later  than  10.00am on 18 April 2001, where it has been satisfied  that  such
acceptances were despatched prior to 3.00pm on 17 April 2001.

The  Rights Issue was partially underwritten by Strand Associates. In accordance
with the terms of the Rights Issue, subscribers have been procured for 2,234,375
of  the  2,578,809  New  Ordinary Shares for which valid  acceptances  were  not
received, at the Rights Issue Price.

Accordingly,  Qualifying Shareholders and subscribers  have  together  taken  up
9,905,393 New Ordinary Shares representing approximately 96.64 per cent. of  the
New  Ordinary  Shares offered to Qualifying Shareholders. Reasonable  endeavours
will  be  used  to  procure subscribers for the remaining 344,434  New  Ordinary
Shares.

For  non-CREST  Qualifying Shareholders it is expected  that  definitive  share
certificates  in  respect of the New Ordinary Shares will be  despatched  on  or
before  26  April  2001. For CREST Qualifying Shareholders it is  expected  that
Manpower's registrars will instruct CREST to credit the appropriate CREST member
accounts on 23 April 2001.

Terms  used  in  this  announcement have the  meanings  ascribed  to  such
expressions in the circular to Shareholders dated 1 March 2001.

For further information please contact:

Manpower
Robert Drummond, Chief Executive Officer                 020 7462 3300
Simon Thorne, Finance Director

Strand Partners
Simon Raggett, Director                                  020 7409 3494

Additional Information

Strand  Associates and Strand Partners acted as underwriter and  financial     
adviser to the Company respectively with regard to the Rights Issue.  This      
announcement  has  been  issued by and is the sole responsibility  of  the      
Company.  It has been approved by Strand Partners solely for the  purposes
of Section 57 of The Financial Services Act 1986.

Strand  Partners, which  is regulated in the  United  Kingdom  by  The      
Securities  and  Futures  Authority Limited,  has  acted  exclusively  for
Manpower and no-one else in connection with the Rights Issue and will  not be  
responsible  to  anyone  other  than  Manpower  for   providing   the 
protections  afforded  to customers of Strand Partners or for providing advice
in relation to the Rights Issue or any matter referred to herein.

This  announcement is not for distribution, directly or indirectly, in  or into
the United States. This announcement does not constitute an offer of securities 
for  sale  into  the  United  States.  The  securities  issued pursuant to the 
Rights  Issue are not being  registered  under  the  US Securities  Act  of 
1933 and may not be offered or  sold  in  the  United States  or to, or for the
account or benefit of, US person (as such  terms are  defined in Regulation S,
as promulgated under such Act) unless  they are  registered  or  exempt  from 
registration.  No  public  offering  of securities is being made into the United
States.