Initial Public Offer-Pricing

Robert Walters PLC
6 July 2000


Not for release or distribution in or into the United States
of America.


     Robert Walters plc announces price of 170p per share

Robert  Walters  plc ('Robert Walters') today  announces  that
shares  offered in the initial public offering (the 'IPO')  of
Robert Walters will be priced at 170p per share.

At  the  offer  price  of 170p, Robert Walters  is  valued  at
approximately £140 million.

The  IPO  and  allocations under the IPO  are  conditional  on
listing   becoming  effective.   Conditional   dealings   will
commence  at  8.00 a.m. on Thursday, 6 July 2000  on  a  when-
issued  basis.   It  is  expected  that  listing  will  become
effective and unconditional dealings in Robert Walters' shares
will  commence on the London Stock Exchange under  the  ticker
symbol  RWA.L  at 8.00 a.m. on 13 July 2000.   The  number  of
shares in issue at listing will be 82,300,000 .

Commenting   on   the  announcement,  Robert  Walters,   Chief
Executive said:

'I am delighted by the high level of interest and support that
our  staff  and institutional investors have shown  in  Robert
Walters.   As  a  publicly  quoted company,  we  are  strongly
positioned  to  realise the growth potential of our  business.
Morale is high within the company as we look ahead to exciting
new market opportunities.'


Information:

Robert Walters plc                        020 7379 3333
Robert Walters, Chief Executive
Philippa Brook, Director of Marketing
                                          
Credit Suisse First Boston                020 7888 8888
Andrew Fullerton                          

Brunswick Group Ltd                       020 7404 5959
Patrick Handley                           


Notes to editors:

The Business
The  Robert  Walters  Group  is an  international  recruitment
consultancy   and  provider  of  specialist  human   resources
outsourcing  services.  The  Group  specialises   in   placing
professional,  IT,  support and call centre  candidates  on  a
permanent and contract basis with clients in the financial and
commercial sectors.

The  business was established in London in 1985 and has  since
built an international presence with 17 offices spanning  five
continents.  The  Group  employed  approximately   680   staff
worldwide  as at 31 March 2000 with over 35 per cent.  of  its
net  fee  income  derived  from  outside  the  UK.  The  Group
originally  specialised in sourcing accounting candidates  for
positions  in  investment banking and commerce. It  has  since
broadened  its  activities  to cover  areas  such  as  banking
operations,   insurance,  asset  management,  legal,   support
services  and  call centres. Robert Walters expanded  into  IT
recruitment in 1996 and provides IT candidates at  all  levels
for clients in the financial and commercial sectors.

In  1997, the Group established Resource Solutions to  provide
human resources outsourcing and consultancy services. Resource
Solutions    now   operates   approximately   45   recruitment
outsourcing contracts in Europe, Asia Pacific and the  US,  as
well as a number of consulting projects.

Trading Record

            £ millions                Year ended 31 December
                                       1997     1998    1999
                                                          
Gross Fee Income                       90.8     158.8   178.5
                                                          
Net Fee Income                         29.5     44.4    47.8
                                                          
Operating Profit                                          
     Before Exceptional items          7.6      10.6    12.6
     Operating Exceptional items        -       (4.2)   (1.1)
                                                          
Profit on Ordinary Activities          7.6       6.4    11.5
before Finance Charges
Finance Charges (Net)                  0.1      (0.1)   (0.3)
                                                          
Profit on Ordinary Activities          7.7       6.3    11.2
before Taxation


            £ millions                  Three months ended
                                           31 March 2000
                                                 
Gross Fee Income                               43.6
                                                 
Net Fee Income                                 13.3
                                                 
Operating Profit                                2.2
Finance Charges (Net)                            -

Profit on Ordinary Activities                   2.2
before Taxation                                  
                                                              
                                                              
Background of Offering
Robert Walters was first listed on the London Stock Exchange
in July 1996. In August 1998, the Group was acquired by
Edgewater Technology, Inc. (formerly StaffMark, Inc.
('Edgewater')), a NASDAQ-listed US-based staffing group,
through a recommended all share offer. Robert Walters has
since operated as an autonomous division within the Edgewater
group. Edgewater has recently announced its intention to
refocus its business model by concentrating its resources on
its e-solution business.

This  announcement  has  been  issued  by,  and  is  the  sole
responsibility of, Robert Walters Plc.  It has  been  approved
solely  for  the  purposes  of Section  57  of  the  Financial
Services  Act  1986  by  Credit Suisse First  Boston  (Europe)
Limited  ('CSFB')  which  is  regulated  in  the  UK  by   The
Securities and Futures Authority Limited.  CSFB is  acting  as
sponsor  and  financial adviser to the Company  and  financial
adviser  to  Edgewater and for no one else  and  will  not  be
responsible to any person other than the Company and Edgewater
for  providing the protections afforded to customers of  CSFB.
Prices  and  values of and income from shares may go  down  as
well  as  up.   Past  performance is not  a  guide  to  future
performance.   Persons  needing  advice  should   consult   an
independent financial adviser.  Stabilisation/FSA.

This  announcement does not constitute, or form  part  of,  an
offer,  or  solicitation of an offer, for securities  and  any
purchase  of,  or  application  for,  shares  to  be  sold  in
connection with the flotation should only be made on the basis
of  information contained in the prospectus and  supplementary
prospectus  issued  in connection with  the  flotation.   This
announcement is not for distribution or release in the  United
States.

The  securities referred to herein have not been and will  not
be registered under the US Securities Act of 1933, as amended,
and  may  not be offered or sold in the United States  without
registration thereunder or pursuant to an available  exemption
therefrom.

This  announcement does not constitute an offer of  securities
for  sale  in  the United States; the securities  may  not  be
offered  or sold in the United States absent from registration
or exemption from registration.