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Vedior NV (0J9M)


Monday 07 November, 2005

Vedior NV

Vedior acquires Capsil

Vedior NV
07 November 2005

Amsterdam, The Netherlands

    Vedior acquires Finnish provider of outsourced pharmaceutical sales and

                    For release at 8.00am on 7 November 2005

Vedior is pleased to announce it has acquired a 75% interest in Capsil Oy ('
Capsil' or 'the Company'). Capsil's core competencies are in the provision of
outsourced pharmaceutical sales and telemarketing services. The Company is a
pioneer and market leader in this niche market within Finland.

Capsil provides pharmaceutical companies with marketing managers, sales
managers, sales representatives and call booking services on a contract basis to
provide their clients with flexibility in addressing sales campaigns and product
launches. Headquartered in Lahti, in southern Finland, the Company has its own
call centre and training/marketing units.

Zach Miles, Vedior's Chief Executive said, 'Vedior has been gradually extending
its presence in the pharmaceutical recruitment sector through organic and
acquisitive means. The acquisition of Capsil follows on from last week's
announcement of Vedior's acquisition of Delta Pharma, Inc. a US pharmaceutical
and biotechnology recruitment specialist. Capsil's sales and marketing
specialism  neatly complements our existing presence in this attractive sector.
The pharmaceutical market offers good growth potential and is also generally
less sensitive to economic cycles.'

Established in 2001, Capsil has grown strongly and achieved audited annual sales
to 31 December 2004 of €3.4 million.

The pharmaceutical industry has experienced high growth over recent years.
NeomedIT, a company that provides data on the pharmaceutical market, estimate
that the sale of medicines grows continuously at between 8% to 12% per annum
worldwide with demand led by the requirements of an ageing population and met by
the continuing development of new drugs.

Vedior already operates in Finland under the brands Teleresources and Select
Appointments providing telebusiness, office administration and accounting
personnel on a temporary basis.

Capsil's existing management team will continue to develop the Company. The
outstanding 25% interest will remain with management of the Company with Vedior
having the right to acquire these shares in due course.

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 in 43 countries. Annual sales for 2004 were €6,467

From its global network, 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 as well as 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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