USG People NV (AMS:USG) USG People N.V. To Propose Introduction Of Protective Preference Shares

USG People NV (AMS:USG) Notice of Extraordinary General Meeting of Shareholders

Almere 5 December 2008 - USG People announces that it will hold an Extraordinary General Meeting of Shareholders on 23 December 2008. At the meeting shareholders will be asked to approve a proposal to amend the Articles of Association to provide for the introduction of protective preference shares.

One of the reasons for introducing protective preference shares is that the current development of the share price means that it has become relatively inexpensive to build up an influential stake without shareholders being able to benefit from an attractive public offer.

Shareholders, employees and other stakeholders benefit from stable and balanced decision-making in the general meeting. USG People believes that the interests of its stakeholders are best served if the Articles of Association provide for the introduction of preference shares. While there is no immediate reason for taking this measure, USG People believes that it can strengthen its negotiating position should this be necessary at any time in the future. The Executive Board and Supervisory Board urge shareholders to approve the proposed amendment to the Articles of Association.

For more information, please contact: Ron Icke, CEO Telephone: +31 (0)36 529 95 05

About USG People USG People is active with a large number of brands that jointly provide one-stop solutions in the field of staffing, secondment and HR and customer care services. With an annual turnover of 3.9 billion euros in 2007, USG People ranks fourth in Europe in the field of staffing, secondment and HR services. Headquartered in the Dutch city of Almere, the group is active in a large number of European countries including the Netherlands, Belgium, Luxembourg, Germany, Austria, Switzerland, the Czech Republic, Slovakia, Poland, France, Italy, Spain and Portugal.

The brand portfolio of USG People comprises Proflex and Start People (General Staffing) - Ad Rem Young Professionals, ASA Student, Content, Creyf's, Express Medical, Geko Zeitarbeit, Receptel, Secretary Plus, StarJob, SYS, Technicum and Unique (Specialist Staffing) - Legal Forces, USG Capacity, USG Energy, USG Financial Forces, USG HR Forces, USG Innotiv, USG Juristen, USG Multi Compta and USG Restart (Professionals) - Call-IT (Other Services).

USG People is listed on the NYSE Euronext Amsterdam stock exchange and is included in the Amsterdam Exchange index (AEX).

For more information on USG People or any of its operating companies, please visit our website at www.usgpeople.com.

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



LINK: http://hugin.info/130803/R/1275285/283819.pdf

USG People NV

http://www.usgpeople.nl

ISIN: NL0000354488

Stock Identifier: XAMS.USG