Completion of Demerger

Hays PLC
01 November 2004



                                                                 1 November 2004

                                    HAYS PLC

                   COMPLETION OF DEMERGER OF DX SERVICES PLC


Hays plc is pleased to announce the completion of the demerger of DX Services
plc, effective at 8.00am 1 November. Following the demerger, Hays is focused
entirely on Specialist Recruitment and has no remaining significant non-core
interests.

Hays has previously announced its intention to return at least £200m of surplus
cash to its shareholders through an on-market buy back of the company's own
shares. The share buy back is being arranged through the company's brokers, UBS
Investment Bank and Hoare Govett. Hays intends to commence the buy back shortly.

Trading within the Specialist Recruitment business for the year to 30 June 2005
remains in line with the Board's expectations.

The Group's Annual General Meeting will be held on 23 November 2004. Following
today's announcement the Group does not intend to provide a further trading
update at that time, but will provide a pre-close update at the start of January
2005.

                                    - ends -


Enquiries:


John Martin       Finance Director, Hays plc             + 44 (0) 20 7628 9999
Jon Coles         Brunswick                              + 44 (0) 20 7404 5959





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