Holding(s) in Company

Michael Page International PLC
2 March 2004


                           SCHEDULE 10
 
             NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   NAME OF COMPANY

     MICHAEL PAGE INTERNATIONAL PLC


2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     COLLEGE RETIREMENT EQUITIES FUND AND AFFILIATED ENTITIES


3)   Please state whether notification indicates that it is in respect of 
     holding of the Shareholder named in 2 above or in respect of a 
     non-beneficial interest or in the case of an individual holder if it is a
     holding of that person's spouse or children under the age of 18

     FUNDS UNDER MANAGEMENT


4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.

     SEE BELOW


5)   Number of shares/amount of stock acquired.

     N/A


6)   Percentage of issued Class

     N/A


7)   Number of shares/amount of stock disposed

     3,423,925


8)   Percentage of issued Class

     0.94%


9)   Class of security

     ORDINARY SHARES


10)  Date of transaction

     27/2/04


11)  Date company informed

     1/3/04


12)  Total holding following this notification

     7,854,692
               

13)  Total percentage holding of issued class following this notification

     2.16%


14)  Any additional information

     N/A


15)  Name of contact and telephone number for queries

      JEREMY TAHHAM
     [phone]

16)  Name and signature of authorised company official responsible for 
     making this notification

     Date of Notification 

     2 MARCH 2004


Re:    U.K. Companies Act Of 1985 Disclosure Notice 

Pursuant to Part VI of the U.K. Companies Act of 1985, the College Retirement
Equities Fund (CREF) hereby informs you that on February 27, 2004, CREF sold
2,859,115 shares of Michael Page International, bringing its total holdings in 
your company to 6,702,522 shares. CREF owns these shares through two of our 
investment accounts the CREF Global Equities Account and the CREF Stock Account. 
It is our understanding the total shares outstanding of Michael Page 
International are 363,662,799, bring our ownership in your company to a 1.84% 
level.

For your information, CREF is a U.S. based S.E.C. Registered Investment Company,
which is used as a funding vehicle for retirement monies for higher education.
CREF currently has multiple investment accounts, each with separate investment
objectives and policies. All assets in the accounts are beneficially owned by
CREF, and all the accounts are managed by TIAA-CREF Investment Management,
Inc., an S.E.C. Registered Investment Advisor.

Additionally, TIAA-CREF Mutual Funds' International Equity Fund, Institutional
International Equity Fund, and Life International Equity Fund, which are managed
by an investment advisor which is affiliated with the investment advisor who
manages the CREF accounts, owns 1,152,170 shares of your company. These
holdings, aggregated with those of CREF, total 7,854,692, or 2.16% of the
outstanding shares of your company.

This notice should satisfy our disclosure requirements under the U.K. Act.

                                       TIAA-CREF
                    Summary of Holdings of Michael Page International
                     Between February 26, 2004 and February 27, 2004

     
                         CREF                                              CREF        TIAA-CREF Life
                         Global Equities     Stock          Total CREF     Percent     International Equity
                         Account             Account        Shares Held    Held        Fund

Holdings as of           7,815,126           1,746,511      9,561,637      2.629%      93,948
February 26, 2004       

Sales on February        2,336,874             522,241      2,859,115      0.786%      30,896
27, 2004                                                                                            

Holdings as of           5,478,252           1,224,270      6,702,522      1.843%      63,052
February 27, 2004       


                       TIAA-CREF              TIAA-CREF
                       Institutional         International                                                     Total
                       International          Equity Fund     Total TIAA-CREF     TIAA-CREF    Total Shares   Percent
                        Equity Fund            (Retail)          Shares Held     Percent Held      Held        Held
                           Fund           

Holdings as of          1,017,636              605,396            1,716,980           0.472%     11,278,617    3.101%
February 26, 2004       

Sales on February         334,768              199,146              564,810           0.16%       3,423,925    0.942%
27, 2004                

Holdings as of            682,868              406,250            1,152,170          0.627%       7,854,692    2.160%
February 27, 2004       

Total Shares          
 Outstanding          363,662,799                                  




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