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Vedior NV (0J9M)


Thursday 04 May, 2006

Vedior NV


Vedior NV
04 May 2006

Amsterdam, The Netherlands

                    Vedior announces specialist acquisitions

                            in the UK and Argentina

                      For release at 8.30am on 4 May 2006

Vedior is pleased to announce that it has acquired two specialist staffing
companies; MOT Models Ltd in the UK and Rest Personal Eventual S.A. in

The Group has acquired a 75% interest in the business of MOT Models ('MOT'), one
of the UK's leading model agencies.

Established in 1984, MOT provides a broad based range of models to top
photographers, advertisers, designers and production companies primarily in
London but also in continental Europe. MOT operates four commercial divisions,
commercial, fashion, junior and character, and generates annual bookings in
excess of £4.8 million (€7.0 million).

In January 2006, MOT launched Zone Models, a new niche brand providing leading
fashion models and representing VIP clients.

MOT's existing management team will continue to develop the Company and the
outstanding 25% interest will remain with management.

Vedior's Argentinian subsidiary, SESA Select, has acquired a 100% interest in
Rest Personal Eventual S.A. ('Rest'), a provider of qualified personnel to the
oil and gas industry in Patagonia. For the full year ending 31 December 2005,
Rest achieved audited annual sales of ARS6.6 million (€1.8 million). Vedior
already has a well-established network in Argentina providing a range of
recruitment services under the brands SESA Select, Select Executives Career
Planning, Trading, Select Recursos Humanos and Telerecursos.

Zach Miles, Vedior's Chief Executive said, 'The acquisition of MOT represents a
new sector for Vedior. The provision of models on a temporary contract basis is
a high-margin business and MOT has an excellent reputation.

Argentina has been one of Vedior's fastest growing markets over recent years.
The acquisition of Rest enhances our geographical coverage in the south of the
country and expands our presence in the oil and gas industry.'

Earlier this week, Vedior announced the acquisition of CNC Global Ltd, Canada's
leading provider of IT recruitment and resource management solutions. So far in
2006, the Group has made a total of six acquisitions.

For further information, please contact:

Zach Miles, Chief Executive                              +31 (0)20 573 5609
Frits Vervoort, CFO
Jelle Miedema, Company Secretary

                      This information is provided by RNS
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