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Randstad N.V. M&A Activity 2007

Jun 27, 2007

3880_iss_2007-06-27_94423ccf-5b19-40e1-b307-326d63c67a24.pdf

M&A Activity

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Randstad Holding nv

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Press release Randstad strengthens its Swiss operations through the acquisition of Job One

Date June 27, 2007 More information Machteld Merens Bart Gianotten Telephone +31 (0)20 569 56 23 Randstad Holding nv announces that it has acquired the Swiss staffing company Job One. Job One operates from 23 branches with a focus on the sectors technical (especially the watch industry and fine mechanics), healthcare, commercial and construction. Job One has shown a consistent organic growth in recent years and in 2006 revenue amounted to € 44 million.

Randstad Switzerland almost doubles its revenue through the acquisition of Job One and will be at least the number 4 in the Swiss staffing market, with combined pro forma 2006 revenue of approximately € 100 million.

"Job One and Randstad Switzerland complement each other very well", states Ben Noteboom, CEO Randstad Holding. "Randstad Switzerland generates the largest part of revenue in the German speaking part of the country, while Job One is strong in the French speaking part. Our combined nationwide presence provides an excellent platform for further growth. We can leverage our masscustomized and in-house operations while together we are better equipped to keep developing specialties and expand our recruitment activities."

In 2006, the Swiss staffing market has grown by about 20% to an estimated volume of € 2.5 billion. Increased demand for flexibility and healthy economic growth are stimulating the traditional temp market. Labor market reform adds to the growth prospects for permanent placement. At the same time we expect a continued positive effect from international companies moving to the region.

The deal is expected to have a small positive contribution to EPS in 2007.

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, Tempo-Team, EmmayHR, Team4U, Martin Ward Anderson 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.