% of Group Q1. EMEA 41% 52.0m 60.3m -13.8% -15.1% UK 24% 30.2m 30.6m -1.2% -1.2% Asia Pacific 20% 26.1m 26.3m -0.7% -0.3%

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1 16 APRIL FIRST QUARTER 2013 INTERIM MANAGEMENT STATEMENT Q1 gross profit analysis Reported Constant Year-on-year gross profit % of Group Q1 Q Q % % EMEA 41% 52.0m 60.3m -13.8% -15.1% UK 24% 30.2m 30.6m -1.2% -1.2% Asia Pacific 20% 26.1m 26.3m -0.7% -0.3% Americas 15% 18.5m 18.7m -1.4% +2.2% Total 100% 126.8m 135.9m -6.7% -6.7% Permanent 77% 98.3m 106.5m -7.7% -7.6% Temporary 23% 28.5m 29.4m -3.1% -3.6% Commenting, Steve Ingham, Chief Executive Officer said: The Group reported gross profit of 127m, up 0.2% on the fourth quarter, although down 6.7% year-on-year against a strong comparative performance. This robust result was achieved despite continuing tough economic conditions and weak market confidence across all our regions. We saw good performances in some of our regions, with Asia and North America delivering the strongest gross profit performances up 14% and 16% respectively year-on-year in constant currency. Our offices in Greater China, Japan, Mexico, the Middle East, and the USA performed particularly well, as did some of our smaller, newer businesses in Europe, Latin America and Asia. However, our businesses in France and Germany, where we operate predominantly in permanent recruitment, experienced another challenging quarter, down 17% and 27% respectively against strong comparables year-onyear in constant currency. Activity levels remained strong in the quarter, but with difficult trading conditions continuing in several markets, we anticipate Q2 to be a challenging quarter. We continue to actively adjust our cost base, both to take account of market conditions and also to improve the Group s operating performance. As a result total headcount reduced by 57 to 5,042 from the year end This was driven by a reduction in operational support of 64, offset by a small net increase in fee earners. Overall, we have had a robust first quarter. However, to target our long-term growth and profit opportunities, we have continued to invest in our key growth markets of China, South East Asia, Latin America, Germany and, now, North America. We are also actively managing our operating cost base. Combined, these two will deliver long-term profitable growth to our shareholders. Enquiries: PageGroup Steve Ingham, Chief Executive Officer Andrew Bracey, Chief Financial Officer FTI Consulting Richard Mountain/Susanne Yule

2 16 APRIL The company will host a conference call and presentation for analysts and investors at 8.30am today. The live presentation can be viewed by following the link: Please use the following dial-in numbers to join the conference: Audience London Local Audience UK Lo Call Audience UK Freephone Confirmation Number: The presentation and recording of the call will be available on the company s website later today at: The Group will issue its second quarter and half year trading update on 16 July GROUP TRADING UPDATE Michael Page International plc ( PageGroup ), reports first quarter gross profit of 126.8m, +0.2% (-2.8%*) on Q and -6.7% (-6.7%*) on Q ( 135.9m). Headcount reduced by 57 (-1.1%) in the quarter to 5,042 at the end of March * Denotes where overseas results denominated in foreign currencies have been translated at constant rates of exchange for constant currency illustrative purposes. Perm/Temp mix Group gross profit from permanent recruitment in the first quarter was 98.3m, +2.0% (-1.2%*) on Q and -7.7% (-7.6%*) on the 106.5m in Q Group gross profit from temporary recruitment in the first quarter was 28.5m, -5.5% (-8.2%*) on Q and -3.1% (-3.6%*) on the 29.4m in Q The perm/temp gross profit ratio in the first quarter was 77:23 (Q4 2012: 76:24, Q1 2012: 78:22). Discipline analysis Reported Constant Year-on-year gross profit % of Group Q1 Q Q % % Finance & Accounting 42% 53.2m 57.1m -6.9% -7.0% Legal, Technology, HR, Secretarial, Healthcare 20% 25.4m 27.3m -7.0% -6.7% Engineering, Property & Construction, Procurement & Supply Chain 20% 25.2m 26.8m -5.9% -5.9% Marketing, Sales & Retail 18% 23.0m 24.7m -6.9% -7.1% Total 100% 126.8m 135.9m -6.7% -6.7% Our diversification by discipline specialism continues as we launch new businesses in all regions as well as grow in markets like China where we are less dependent on Finance and Accounting. The challenging market conditions impacted broadly all disciplines to a similar degree, with Retail, Procurement and Supply Chain, and Legal producing the best performances.

3 16 APRIL Geographical analysis Q1 GROSS PROFIT ANALYSIS EMEA Gross Profit (41% of Group in Q1 2013) Growth Rates Q vs. Q m 60.3m -13.8% -15.1% Q vs. Q m 51.4m +1.1% -3.8% Headcount at 31 March 2013: 1,964, (31 December 2012: 2,040) France (14% of the Group) -9% on Q and -17% on Q Germany (6% of the Group) -4% on Q and -27% on Q In our largest region, Europe, Middle East and Africa (EMEA), representing 41% of Group gross profit, market conditions remained challenging throughout the first quarter. Sequentially, we saw a small increase in gross profit at reported rates of +1.1%. However, our larger businesses of France and Germany, where we operate predominantly in permanent recruitment, experienced another challenging quarter. Good performances were seen from our businesses in Rest of Africa, Russia, Sweden, Turkey and the UAE, with some improvement seen in Southern Europe, particularly in Spain. Reflecting the tough economic conditions, headcount across the region reduced during the quarter by 76, or 3.7%. UK Gross Profit (24% of Group in Q1 2013) Growth Rates Q vs. Q m 30.6m -1.2% Q vs. Q m 30.2m -0.1% Headcount at 31 March 2013: 1,261 (31 December 2012: 1,237) Our continued diversification and the depth of management experience continues to underpin our robust performance in the UK, in what are difficult market conditions. This region now represents 24% of PageGroup s gross profit, with the strongest performances seen from our Property & Construction, Engineering, Digital, Energy and Public Sector businesses. Headcount in the UK increased during the quarter by 24, or 1.9%.

4 16 APRIL Asia Pacific Gross Profit (20% of Group in Q1 2013) Growth Rates Q vs. Q m 26.3m -0.7% -0.3% Q vs. Q m 27.9m -6.3% -8.0% Headcount at 31 March 2013: 1,071 (31 December 2012: 1,036) Asia (12% of the Group) -5% on Q and +14% on Q Australia and New Zealand (8% of the Group) -13% on Q and -16% on Q During the first quarter in our Asia Pacific region, representing 20% of Group gross profit, market conditions in Australia became significantly more challenging, due to a slowdown in the Mining and Resources sector. Our businesses in Japan and Greater China remained resilient, performing strongly, with our newer businesses in Kuala Lumpur and Taipei recording record results. Headcount across the region increased during the quarter by 35, or 3.4%, as we continue to invest in our market-leading position. Americas Gross Profit (15% of Group in Q1 2013) Growth Rates Q vs. Q m 18.7m -1.4% +2.2% Q vs. Q m 17.0m +8.7% +3.5% Headcount at 31 March 2013: 746 (31 December 2012: 786) Latin America (10% of the Group) -1% on Q and -4% on Q North America (5% of the Group) +12% on Q and +16% on Q In the Americas, representing 15% of Group gross profit, we grew gross profit +8.7% sequentially in reported rates and +3.5% in constant currency. Brazil continued to be impacted by the slowdown in the economy and exchange rates, with year-onyear growth rates at constant rates of exchange some 9% higher than on a reported basis. While our business in Argentina also slowed, our other businesses in Latin America grew strongly. In North America, market conditions are showing some improvement and our recent management changes are starting to show a positive impact, with gross profit +12% on Q and +16% on Q Headcount across the Americas decreased during the quarter by 40, or 5.1%.

5 16 APRIL Headcount Total headcount was reduced by 57 to 5,042 from year end Headcount in operational support was reduced by 64, partially offset by an increase in fee earners of 7. Share repurchases No share repurchases were made during the first quarter. During the quarter, the Group granted 4.5m share options and 1.4m options were exercised and satisfied through newly issued shares. At 31 March 2013 there were approximately 319.1m shares in issue, of which 12.4m are held by the Employee Benefit Trust upon which dividends and voting rights are waived. Accordingly, 306.7m shares receive dividends and hold voting rights. Financial Position Save for the effects of trading in the first quarter described above, there have been no other significant changes in the financial position of the Group since the publication of the results for the year ended 31 December Net cash at 31 March 2013 is in the region of 56m (31 December 2012: 61.4m). The proposed final dividend for 2012 of 6.75p per share is due to be paid on 21 June The Group will issue its second quarter and half year trading update on 16 July Cautionary statement This First Quarter 2013 Interim Management Statement ( IMS ) has been prepared solely to provide additional information to shareholders to assess the Group s strategies and the potential for those strategies to succeed. The IMS should not be relied on by any other party or for any other purpose. This IMS contains certain forward-looking statements. These statements are made by the directors in good faith based on the information available to them up to the time of their approval of this report and such statements should be treated with caution due to the inherent uncertainties, including both economic and business risk factors, underlying any such forward-looking information. This IMS has been prepared for the Group as a whole and therefore gives greater emphasis to those matters that are significant to PageGroup and its subsidiary undertakings when viewed as a whole.

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