Adecco to Aquire MPS Group

October 21, 2009 – Human resource solutions company Adecco has entered into a definitive agreement to acquire MPS Group, Inc., a provider of recruitment and business solutions, for $13.80 per common share in a cash transaction valued at approximately $1.3 billion. This represents a premium of 24 percent over Monday's closing stock price and a premium of 27 percent and 36 percent, respectively, over the average closing stock price (VWAP) during the last 30 and 90 calendar days. The transaction is expected to close in the first quarter of 2010. “We are pleased to be joining forces with Adecco. Not only will this transaction create substantial shareholder value, but the combination of MPS Group and Adecco will also be very positive for our employees, consultants and clients,” said Timothy Payne, MPS Group CEO. “Together, MPS Group and Adecco will be well positioned to deliver a broad range of high-value professional staffing solutions to our clients. As our organizations grow together, we believe that this combination will also create substantial career opportunities for many of our people.”