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Adecco notes the timeline given by the UK takeover panel

Adecco S.A. ("Adecco"), the worldwide leader in Human Resource services, notes the statement made today by the UK Takeover Panel Executive ("The Panel") ruling that the deadline for Adecco, either to announce a firm intention to make an offer for Michael Page International PLC ("Michael Page") or to announce that it does not intend to make an offer for Michael Page is 5 p.m. UK time (6 p.m. CET) on September 30, 2008.

Zürich, Switzerland, Aug 27, 2008 

Each of the parties has accepted this ruling.
This announcement does not constitute an announcement of a firm intention by Adecco to make an offer under Rule 2.5 of the Code. There can be no assurance that any offer will be made.
A further announcement to the market will be made when appropriate.
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