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Vedior NV (0J9M)

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Wednesday 06 July, 2005

Vedior NV

Pref A Shares Redeemed

Vedior NV
06 July 2005


Amsterdam, The Netherlands


                          Preference A Shares Redeemed

                      For immediate release on 6 July 2005


In accordance with the Company's articles of association, the redemption of all
preference A shares has become effective on 5 July 2005.  An amount of € 1.47478
will be paid for each preference A share, increased by a dividend due of €
0.06012 for the period from 1 January 2005 to 5 July 2005, resulting in a total
payment of € 1.5349 for each preference A share.  The aggregate payment for the
34,323,680 outstanding preference A shares will therefore be €52.7 million.

The Annual General Meeting held on 29 April 2005 also approved the redemption of
the preference B shares effective 1 July 2007. There are 27,000 preference B
shares outstanding and the redemption price (excluding dividends accrued but
unpaid at the redemption date) will be €100, giving an aggregate redemption
price of €2.7 million.

Finance for the redemption of the preference A shares is being provided from
existing financial resources. The redemption will be accretive to earnings, and
will add EUR 0.01 to earnings per share for 2005 (EUR 0.02 on an annual basis).


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. Annual sales for 2004 were €6,467 million.

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. In order to meet client requirements for all
categories of personnel, we also have a significant global network providing
administrative/secretarial and light industrial recruitment.


For further information, please contact:

Amsterdam

Frits Vervoort, Chief Financial Officer             +31 (0)20 573 5609

Jelle Miedema, Company Secretary


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

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