HHGP Hudson Highland Grp., Inc. (MM)

Hudson Highland Group Announces Pricing of $30 Million Common Stock Offering NEW YORK, March 18 /PRNewswire-FirstCall/ -- Hudson Highland Group, Inc. , one of the world's leading providers of specialized professional staffing, retained executive search and human capital solutions, today announced that it priced a public offering of 1,273,885 shares of common stock at $23.55 per share to the public. The public offering of the shares is expected to close on March 23, 2004. Robert W. Baird & Co. acted as sole book running manager for the offering with William Blair & Company, L.L.C. acting as co-manager. The net proceeds from the offering will be approximately $28 million. Hudson Highland Group will use the net proceeds from the offering to fundworking capital needs and future growth of its staffing operations worldwide, operational efficiency improvements and new growth opportunities and for other general corporate purposes. This news release does not constitute an offer to sell or the solicitation of an offer to buy any securities. The offering is being made only by means of a prospectus supplement, a copy of which may be obtained from the offices of Robert W. Baird & Co. Incorporated, 777 East Wisconsin Avenue, 28th Floor, Milwaukee, Wisconsin 53202-5391. An electronic copy of the prospectus supplement will be available on the Securities and Exchange Commission's website at http://www.sec.gov/. Hudson Highland Group Hudson Highland Group offers a full suite of specialized professional staffing, retained executive search and human capital solutions worldwide. Hudson Highland Group (NASDAQ:HHGP) employs approximately 3,700 professionals serving clients in more than 20 countries through its Highland Partners and Hudson businesses. More information about Hudson Highland Group is available at http://www.hhgroup.com/. DATASOURCE: Hudson Highland Group, Inc. CONTACT: Richard W. Pehlke of Hudson Highland Group, +1-212-351-7285, ; or John D. Lovallo of Ogilvy Public Relations Worldwide, +1-212-880-5216, , for Hudson Highland Group Web site: http://www.hhgroup.com/

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