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Financial summary

Growth in net fees for the quarter ended 30 September 2010 (Q1)
(versus the same period last year) growth
actual LFL*
By region

Asia Pacific 59% 39%
Continental Europe & Rest of World 24% 27%
United Kingdom & Ireland 1% 1%

Total 21% 18%

By segment

Temporary 12% 9%
Permanent 34% 30%

Total 21% 18%

* LFL (like-for-like) growth represents organic growth at constant currency.


- Group net fee growth of 18%* versus prior year, driven by strong
performances in Asia Pacific and Continental Europe & Rest of World

- Strong and broad based recovery with 17 countries achieving net fee growth
in excess of 25%*

- Continued stability in the UK with 23% growth in private sector markets
offsetting tough conditions in parts of the public sector

- International consultant headcount increased by 6% during the quarter

Commenting on trading for the quarter ended 30 September 2010, Alistair Cox,
Chief Executive of Hays plc, said:

"This quarter we have seen strong and broad based growth across most of our
markets, with net fees from our International business growing by a third*
versus last year. The outlook remains good across 90% of our markets and we are
continuing to invest in headcount across Asia Pacific, Continental Europe and
South America.

Our international diversification is delivering clear benefits with 60% of the
Group's net fees now generated outside the UK. Our global reach, combined with
the investments we have made in the business throughout the downturn, place us
in a strong position to capitalise on the significant growth opportunities in
the professional recruitment markets across the world."


In the quarter ended 30 September 2010, Hays, the leading global professional
recruitment group, increased net fees by 21% (18% on a like-for-like basis*)
versus the same period last year. Net fees from the temporary placement
business increased by 9%* and net fees from the permanent placement business
increased by 30%* as we saw continued strong improvement across nearly all of
our markets.

On a sequential basis, total Group net fees increased by 5%* against the
previous quarter. This growth reflects improved underlying trends and the
benefit of four additional working days compared to the previous quarter,
partially offset by the traditionally quieter summer months of July and August,
particularly in our businesses in Continental Europe. The Group's underlying
temporary placement margin** remained stable and in line with the previous
quarter. The Group's consultant headcount was increased by 4% during the
quarter, driven by ongoing investment in Australia, Asia, Continental Europe
and South America. New offices were opened in Campinas in Brazil and in Suzhou
in China.

Overall, the Group's performance in the quarter has been in line with the
Board's expectations.

Asia Pacific

In Asia Pacific we recorded net fee growth of 39%* versus prior year, with 12%*
sequential net fee growth against the previous quarter. In our market-leading
Australia & New Zealand business, we recorded net fee growth in our permanent
placement business of 60%*, with temporary placement net fees up 19%* versus
prior year. Our performance in Asia, which accounts for 14% of the division's
net fees, was again very strong with the region achieving growth of 76%*
against prior year.

Consultant headcount was increased by 9% during the quarter, with headcount up
19% in Asia, as we continue to invest to ensure we capitalise on the
opportunities for growth we are seeing across the division.

Continental Europe & Rest of World ('RoW')

In Continental Europe & RoW we recorded net fee growth of 27%* versus prior
year, with net fees flat against the previous quarter with improving underlying
trends offsetting the traditionally quieter summer period. Our German business
had another strong quarter with net fees increasing 26%* versus prior year.
Here, our market-leading IT Contracting business saw contractor numbers reach
pre-downturn levels and we have seen increasing momentum across our temporary
and permanent placement businesses in our other specialisms. Most other
countries in the division have continued to see improving market conditions,
led by strong performances in Brazil, Italy, Portugal, Austria and Poland which
each achieved net fee growth in excess of 35%* versus prior year.

Consultant headcount was increased by 4% during the quarter and we are
continuing to add heads across the division.

United Kingdom & Ireland

In the United Kingdom & Ireland, we have again seen stable net fee trends with
net fees increasing by 1% versus prior year and with quarter-on-quarter net
fees increasing by 4%. We achieved strong growth in the private sector
business, which increased by 23% against prior year, driven by strong
performances in our Accountancy & Finance, Pharma, Corporate Accounts and
City-related businesses. Our public sector business, which represents 26% of
the division's net fees, decreased by 34% versus prior year as public sector
markets continue to weaken.

Consultant headcount was increased by 3% in the quarter, with modest investment
in the private sector partially offset by reductions in the public sector.

During the quarter, the Group announced that Royston Hoggarth has succeeded Tim
Cook as United Kingdom & Ireland Managing Director. Before joining Hays,
Royston was Chief Executive for BT PLC's Global Services UK. Tim Cook, after
successfully leading the United Kingdom & Ireland business through the
recession and overseeing the implementation of the new front office and back
office systems, has now taken on the role of Group Head of Business Innovation.

Cash flow and balance sheet

The Group continued to deliver a strong cash flow performance. Net debt
increased modestly to around 100 million (30 June 2010: 77.2 million) at the
end of the period due to the phasing of cash flows. As previously guided we
expect this to increase further in the next quarter following the payment of
the final dividend in November.

* LFL (like-for-like) growth represents organic growth at constant currency.

** The underlying temporary placement gross margin is calculated as temporary
placement net fees divided by temporary placement gross revenue and relates
solely to temporary placements in which Hays generates net fees and
specifically excludes transactions in which Hays acts as agent on behalf of
workers supplied by third party agencies.


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