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Vedior NV (0J9M)


Monday 18 December, 2006

Vedior NV


Vedior NV
18 December 2006

Amsterdam, The Netherlands

                        Vedior expansion in Scandinavia

                    For release at 8.00am on 18 December 2006

Vedior is pleased to announce that it has agreed to acquire a majority interest
in Corridor AS ('Corridor' or 'the Company'), a Norwegian recruitment

Founded in 1999, Corridor specialises in the recruitment and supply of temporary
and permanent staff within accounting and finance, sales and marketing, IT and
administrative sectors.

Headquarted in Oslo, Corridor achieved NOK 54 million (EUR 6.8 million) in
audited annual sales for the year ended 31 December 2005.

Zach Miles, Vedior's Chief Executive, said, 'The acquisition of Corridor extends
Vedior's global network into the Norwegian market and positions us to benefit
from positive economic trends.'

Norway is in the midst of an economic boom with GDP at almost 4% and relatively
low levels of unemployment and inflation. The Norwegian staffing industry is
well developed and has grown significantly over recent years.

Vedior now has a presence in 46 international markets including the Nordic
countries of Finland and Sweden

Corridor's existing management team have retained a minority interest and will
continue to develop the Company.

Company Profile:

Vedior is one of the world's largest recruitment companies and is a full-service
recruitment provider with a diversified portfolio of brands targeting a broad
range of industry sectors.

From its global network of offices spanning Europe, North America, Australasia,
Asia, South America and Africa, Vedior offers temporary and permanent
recruitment as well as a number of complementary employment-related services
such as outplacement, HR outsourcing, payrolling and training.

Vedior has a leading market position in the provision of professional/executive
recruitment in sectors such as information technology, healthcare, accounting,
engineering and education. We also have a significant global network providing
administrative/secretarial and light industrial recruitment.

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
            The company news service from the London Stock Exchange                                                                                                                                                               

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