Third Quarter Interim Management Statement 14 October PageGroup First Quarter Interim Management Statement 1

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1 Third Quarter Interim Management Statement 14 October 2013 PageGroup First Quarter Interim Management Statement 1

2 PageGroup Third Quarter 2013 Interim Management Statement 2 Group Gross profit up year-on-year Growth Rates GROUP GROSS PROFIT m m Reported Constant Q vs Q % -0.2% Q Q Growth Rates PERM/TEMP GROSS PROFIT m m Reported Constant Permanent % -1.0% Temporary % +2.4% Ratio (Perm:Temp) 76:24 77:23 Gross profit up +0.4% in reported rates on prior year Focus on consistency of systems and processes in operational support continues Headcount increased by 116 (+2.3%) during Q3 to 5,071 (Q2 2013: 4,955)

3 PageGroup Third Quarter 2013 Interim Management Statement 3 Group Fee earner headcount up 157 in Q3, operational support headcount down 41 GROUP QUARTERLY HEADCOUNT AND GROSS PROFIT

4 PageGroup Third Quarter 2013 Interim Management Statement 4 Group Improving growth rates in all disciplines Q Q Q Growth Rates GROSS PROFIT Proportion m m Reported Constant Finance & Accounting 42% % +0.0% Legal, Technology, HR, Secretarial and Healthcare Engineering, Property & Construction, Procurement & Supply Chain 21% % +3.1% 19% % -2.1% Marketing, Sales & Retail 18% % -2.3% Group Total 100% % -0.2% Discipline diversification supports growth rates Legal, Procurement & Supply Chain and Public Sector recorded strongest growth rates, with Legal growing over 40% in reported rates Financial Services now 7% of Group gross profit

5 PageGroup Third Quarter 2013 Interim Management Statement 5 Group Diversification reducing exposure to changes in market conditions Q Q Q Growth Rates GROSS PROFIT Proportion m m Reported Constant EMEA 38% % -7.0% UK 24% % +5.0% Asia Pacific 22% % -4.3% Americas 16% % +16.9% Group Total 100% % -0.2% Rate of growth impacted by strength of economy and maturity of recruitment industry Continued investment in key markets US, Germany, Latin America, Greater China and South East Asia Year-on-year growth in 19 countries 6 countries had record quarters in Q3: Japan, India, Malaysia, Mexico, Chile and Colombia

6 PageGroup Third Quarter 2013 Interim Management Statement 6 GROUP Year-on-Year quarterly growth rates improving in all regions EMEA: two quarters of improvement UK: growth has returned Asia Pacific: Impacted by Australia Americas: growth accelerates

7 PageGroup Third Quarter 2013 Interim Management Statement 7 Group Year-on-Year quarterly growth rates improving in all regions 2012 vs vs 2012 Q1 Q2 Q3 Q4 Q1 Q2 Q3 EMEA +10.1% -2.5% -7.2% -10.9% -15.0% -8.2% -7.0% UK -3.7% -9.2% -10.9% -2.1% -1.2% +0.3% +5.0% Asia Pacific +17.8% +11.2% +2.6% +10.1% -0.3% -8.0% -4.3% Americas +7.6% -8.6% -10.3% -1.1% +2.1% +9.8% +16.9% Group Total +7.6% -2.5% -6.5% -3.6% -6.7% -3.8% -0.2% Growth rates in local currency Overall growth rate in all regions improved on Q2 In EMEA, 8 countries have returned to growth Year-on-year growth accelerated in UK to 5%, best quarterly growth rate since June 2011 Asia Pacific impacted by slowdown in Australia, rest of Asia grew by 8% Growth in the Americas driven by US, Mexico and Colombia

8 PageGroup Third Quarter 2013 Interim Management Statement 8 EMEA Signs of improvement in the majority of markets Growth Rates EMEA GROSS PROFIT m m Reported Constant Q vs Q % -7.0% Headcount down 31 (-1.6%) at 1,850 (Q2 2013: 1,881) France (13% of the Group) -7% on Q (-11% Q2 2012) Germany (6% of the Group) -16% on Q (-18% Q2 2012) Larger businesses of France and Germany improving, but remain challenging Another strong performance from Spain +13% on Q Spain, Russia, Poland, Turkey, Morocco, Sweden, UAE and Portugal all well up on Q3 2012

9 PageGroup Third Quarter 2013 Interim Management Statement 9 EMEA Further reductions made in operational support headcount EMEA QUARTERLY HEADCOUNT AND GROSS PROFIT

10 PageGroup Third Quarter 2013 Interim Management Statement 10 United Kingdom Year-on-year growth increases, confidence returning UK GROSS PROFIT m m Growth Rates Q vs Q % Headcount up 47 (+3.7%) to 1,303 (Q2 2013: 1,256) Private sector (88% of UK business) up 3.4% on Q Public sector (12% of UK business) up 20.2% on Q Record quarters for 4 disciplines: Property & Construction, Buying & Merchandising, Design & Production and Digital Marketing Engineering, Finance, Legal, and Logistics disciplines performed well Financial Services stabilised at 4% of UK gross profit, consistent for 4 quarters

11 PageGroup Third Quarter 2013 Interim Management Statement 11 United Kingdom Fee earner headcount increasing in line with improving outlook UK QUARTERLY HEADCOUNT AND GROSS PROFIT

12 PageGroup Third Quarter 2013 Interim Management Statement 12 Asia Pacific Australia challenging but stable, increased growth in Asia Growth Rates ASIA PACIFIC GROSS PROFIT m m Reported Constant Q vs Q % -4.3% Headcount up 50 (+4.6%) to 1,126 (Q2 2013: 1,076) Asia (14% of the Group) +8% on Q Japan, India and Malaysia had record quarters in Q3 Greater China up 4% on Q Australia and New Zealand (8% of the Group) -20% on Q Market conditions in Australia remain challenging but stable Additional comment

13 PageGroup Third Quarter 2013 Interim Management Statement 13 Asia Pacific Headcount increasing, reflecting investment in Asia ASIA PACIFIC QUARTERLY HEADCOUNT AND GROSS PROFIT

14 PageGroup Third Quarter 2013 Interim Management Statement 14 Americas US and Mexico driving growth Growth Rates AMERICAS GROSS PROFIT m m Reported Constant Q vs Q % +16.9% Headcount up 50 (+6.7%) to 792 (Q2 2013: 742) Latin America (10% of the Group) +12% on Q Brazil year-on-year growth up 7% in constant currency Record quarters for Mexico, Chile and Colombia North America (6% of the Group) +25% on Q Management changes in 2012 and improving economies driving positive results US continues to deliver outstanding results, up 35% on Q3 2012

15 PageGroup Third Quarter 2013 Interim Management Statement 15 Americas Headcount up 6.7% reflecting confidence in markets AMERICAS QUARTERLY HEADCOUNT AND GROSS PROFIT

16 PageGroup Third Quarter 2013 Interim Management Statement 16 Financials Strong financial position Strong net cash at 30 September 2013 in the region of 72m Interim dividend of 3.25p per share paid on 4 October ( 10.1m) 321m shares outstanding at 30 September 2013 (of which 11m are held in EBT) 22m share options outstanding at 30 September m options were exercised Amortisation of new software commenced full year charge expected to be c. 5.4m Adverse movements in exchange rates (c. 1m) Increase in social charges on share plans due to share price rise (c. 0.5m)

17 PageGroup First Quarter Interim Management Statement 17

*in constant currencies, unless otherwise indicated

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