Randstad updates agenda AGM

 

Randstad Holding nv, the world's second largest HR services provider, announces that it has decided to withdraw a proposal to the Annual General Meeting of Shareholders (AGM) to update the remuneration policy for the executive board.

It had already been decided that base salaries of the executive board would not be increased in 2009. In view of the current economic circumstances and the proposal not to pay dividend on the ordinary shares, the scheduled changes to the peer group and the variable remuneration will now also be cancelled.

Randstad specializes in solutions in the field of flexible work and human resources services. Our services range from regular temporary staffing and permanent placement to inhouse, professionals, search & selection, and HR Solutions. Since acquiring Vedior in 2008, the Randstad Group is the second largest HR services provider in the world with major positions in Australia, Belgium, Canada, France, Germany, India, Luxembourg, the Netherlands, Spain, Switzerland, Poland, Portugal, the United Kingdom and the southeastern United States. Randstad has almost 34,000 employees working from over 5,200 branches and inhouse locations more than 50 countries around the world. Randstad and Vedior generated combined a revenue of pro forma € 17.2 billion in 2008. Randstad was founded in 1960 and is headquartered in Diemen, the Netherlands. Randstad Holding nv is listed on the NYSE Euronext Amsterdam exchange, where options for stocks in Randstad are also traded. For more information see www.randstad.com

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For more information, please contact:
Machteld Merens / Bart Gianotten
Telephone: + 31 20 569 5623
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