Statement re OFT Submission

Hays PLC 19 May 2003 19 MAY 2003 Hays plc - Statement re OFT Submission Hays plc announces that, following receipt of a number of indicative offers for Hays IMS, it has now short-listed a number of potential purchasers, both trade and financial, to admit to the second stage of the sale process. Hays confirms that Iron Mountain Europe Limited ('IME'), a UK joint venture between Iron Mountain Incorporated and Mentmore Plc, has today chosen to submit a Merger Notice to the Office of Fair Trading pursuant to the Fair Trading Act 1973. The submission of this notice represents the first stage for this particular party in obtaining merger clearance in the UK for a potential acquisition of Hays IMS, but does not indicate that agreement has already been reached with IME or any other party for the sale of Hays IMS or that any such party has been selected as the preferred bidder. Enquiries: Jon Coles Brunswick 020 7404 5959 This information is provided by RNS The company news service from the London Stock Exchange

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