Michael Page increases its 2015 full year dividend by 4.5%

DividendMax Ltd.

Michael Page increases its 2015 full year dividend by 4.5%

HIGHLIGHTS

Record gross profit up 9.3% to £556m - all regions grew gross profit year-on-year

Strong gross profit performances from major economies:

o UK +10%, Germany +14%, US +19% and Greater China +11%

Record gross profit from Large, High Potential Markets, up 9% overall and up 15% ex Brazil

Operating profit increased 20%, reflecting improved business performance and our focus on operational efficiencies

Conversion rate improved to 16.2% (2014: 14.7%)

Net increase of 206 fee earners (+4.8%); total headcount at a record level of 5,835

77:23 fee earner to support staff headcount ratio, maintaining the record for the Group

New operating system roll-out ahead of target - c. 85% of fee earners on system at year end

Total ordinary dividend increased 4.5% to 11.5p

In addition, £50m special dividend paid in October - 16p per share

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