Recruiter merger

Vedior shareholders approve merger

Vedior shareholders have approved the proposed merger of Dutch recruiters Randstad and Vedior.

The proposal will now be put before an Extraordinary General Meeting of Randstad shareholders today.

The merger is expected to become effective on 1 July 2008.

Under thre proposals Randstad would distribute 0.67258 new Randstad shares with a nominal value of 0.10 euros each to Vedior shareholders (other than Randstad Holding), for every Vedior share with a nominal value of 0.05 euros.

The distribution of new Randstad shares is expected to be completed by 1 July 2008 before stock exchange hours.

Mr Jacques van den Broek will act as chairman of the board of management until the statutory legal merger is completed.


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