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Adecco completes share repurchase of EUR 400 million

Adecco announces that it has completed the share repurchase initiated in November 2007. Adecco repurchased 11,488,000 of its shares (equal to 6.07 % of the issued shares). The average purchase price per share was CHF 57.32.

Zürich, Switzerland, Jul 1, 2008 

The repurchased shares are intended to be used for future acquisitions or to minimize potential dilution related to the outstanding convertible bond.
Information in this release may involve guidance, expectations, beliefs, plans, intentions or strategies regarding the future. These forward-looking statements involve risks and uncertainties. All forward-looking statements included in this release are based on information available to Adecco S.A. as of the date of this release, and we assume no duty to update any such forward-looking statements. The forward-looking statements in this release are not guarantees of future performance and actual results could differ materially from our current expectations. Numerous factors could cause or contribute to such differences. Factors that could affect the Company's forward-looking statements include, among other things: global GDP trends and the demand for temporary work; changes in regulation of temporary work; intense competition in the markets in which the Company competes; changes in the Company's ability to attract and retain qualified temporary personnel; the resolution of the French anti-trust procedure and any adverse developments in existing commercial relationships, disputes or legal and tax proceedings.
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