Holding(s) in Company

Michael Page International PLC
3 September 2003


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


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.

     847 832

6)   (0.23%) of issued Class

7)   Number of shares/amount of stock disposed

      N/A

8)   ( N/A %) of issued Class

9)   Class of security

      ORDINARY SHARES

10)  Date of transaction

      28 AUG 03

11)  Date company informed

      02 SEP 03

12)  Total holding following this notification

      10 986 192
               
13)  Total percentage holding of issued class following this notification

      3.02%

14)  Any additional information

      N/A

15)  Name of contact and telephone number for queries

      DAVID WISE
      01753 849 335

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

     Date of Notification ....3 SEP 2003..........


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


Pursuant to Part VI of the U.K. Companies Act of 1985 (the "Companies Act"), the
College Retirement Equities Fund ("CREF") hereby informs you that on August
28, 2003, the CREF Global Equities Account purchased 847,832 shares of Michael
Page International bringing its total holdings in your company to 8,993,406
shares. It is our understanding that there are 363,913,000 shares of Michael
Page International outstanding, bringing CREF's ownership in your company to a
2.471% level:                                   '    .         '

In addition, TIAA-CREF Institutional Mutual Funds (International Equity Fund)
owns 1,129,568 shares of your company; TIAA-CREF Mutual Funds (International
Equity Fund) owns 732,947, shares of your company; and TIAA-CREF Life Funds
(International Equity Fund) owns 130,271 shares of your company. These three 
funds are all managed by an advisor affiliated with the advisor who manages the
CREF funds.

The aggregate holdings of the CREF funds, the TIAA-CREF Institutional Mutual
Funds, the TIAA-CREF Mutual Funds, and the TIAA-CREF Life Funds total 10,986,192
shares of your company, or 3.019%.

For your information, CREF, the TIAA-CREF Institutional Mutual Funds, the TIAA-
CREF Mutual Funds and the TIAA-CREF Life Funds are all U.S. based SEC registered
investment companies. CREF is managed by TIAA-CREF Investment Management, LLC,
("Investment Management"), while the TIAA-CREF Institutional Mutual Funds, the
TIAA CREF Mutual Funds and the TIAA-CREF Life Funds are each managed by Teachers
Advisors, Inc.'("Teachers Advisors"). Investment Management and Teachers
Advisors are affiliated entities, both of which are SEC registered investment
advisors.                                     


While it is unclear whether the holdings described above need to be aggregated
for reporting purposes under the Companies Act, we traditionary provide issuers
with this notice in case such aggregation Is require. 




                      This information is provided by RNS
            The company news service from the London Stock Exchange