Randstad N.V. — Capital/Financing Update 2006

Jun 9, 2006

Randstad Holding nv
Diemermere 25, Diemen
P.O. Box 12600, NL-1100 AP Amsterdam z.o.

randstad holding

Press release

Randstad signs for new € 650 million syndicated credit facility

Date
June 9, 2006

More information
Frans Cornelis/Lester Koele

Telephone
+31 (0)20 569 56 23

Randstad Holding announces it has signed a € 650 million syndicated credit facility to replace the existing € 330 million facility that would have matured in July 2008. Randstad has used current favorable credit market circumstances to refinance early. This resulted in a new facility that has more favorable conditions than the old one. The transaction is built on a strong balance sheet and achieved substantial oversubscription.

Firstly the facility will be used for both organic expansion and acquisitions. Randstad's acquisition strategy remains unchanged and is designed to stimulate growth in selected geographic markets and specific specialty sectors.

Secondly the facility will be used to optimize the internal finance structure. Even though Randstad has a net cash position, drawing under the facility will have a positive effect on the net result, as the tax benefits outweigh the finance costs. The ultimate benefit depends on the future interest development. Finally, the new facility enables Randstad to have certain bank guarantees be issued under committed facilities, which reduces the availability risk.

The syndicated facility will have a maturity of 5 years with a possibility to extend the maturity twice with a year to a total of 7 years. The international pool of banks involved in this deal consists of: ABN Amro, Bank of America, Bank of Tokyo- Mitsubishi UFJ, BBVA, BNP Paribas, Citigroup, Commerzbank, Fortis, HSBC, ING, Lloyds TSB, Rabobank, Société Générale, Svenska Handelsbanken and Wachovia.

Randstad Holding nv specializes in solutions in the field of flexible work and human resources services with group companies in Europe, North America and Asia. The Randstad Group is one of the largest temporary employment organizations in the world and market leader in the Netherlands, Belgium, Germany, Poland and the southeastern United States. Randstad is dedicated to matching at the right time, the demand by individuals for challenging and well-paid employment to the demand of organizations for employees of the right caliber and the right qualifications. The Group is active under the brand names Randstad, Yacht, Capac Inhouse Services, EmmayHR, Team4U, Martin Ward Anderson, Tempo-Team and Otter-Westelaken. Randstad Holding nv (Reuters: RAND.AS, Bloomberg: RAND NA) is listed on the Euronext Amsterdam exchange, where options for stocks in Randstad Holding are also traded. For more information about Randstad Holding see http://www.randstad.com.

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