HHGP Hudson Highland Grp., Inc. (MM)

Hudson Highland Group Announces Syndication of Credit Facility Facility Increased by $20 Million NEW YORK, July 28 /PRNewswire-FirstCall/ -- Hudson Highland Group, Inc. (NASDAQ:HHGP), one of the world's leading providers of specialized professional staffing, retained executive search and human capital solutions, today announced it has successfully syndicated its Foothill Capital Corporation credit facility with CIT Group Inc. (NYSE:CIT), resulting in an increase of $20 million of availability. The credit facility now totals $50 million, with the entire amount currently available (other than $9.2 million in letters of credit outstanding as of June 30, 2004), subject to funding conditions. Hudson Highland Group Hudson Highland Group, Inc. offers a full suite of specialized professional staffing, retained executive search and human capital solutions. The company employs more than 3,600 professionals serving clients and candidates in more than 20 countries through its Hudson and Highland Partners businesses. More information about Hudson Highland Group is available at http://www.hhgroup.com/. DATASOURCE: Hudson Highland Group, Inc. CONTACT: Richard W. Pehlke, Hudson Highland Group, +1-212-351-7285, ; or John D. Lovallo, Ogilvy Public Relations Worldwide, +1-212-880-5216, , for Hudson Highland Group, Inc. Web site: http://www.hhgroup.com/

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