RNS Number : 3565D
  Deutsche Bank AG
  12 September 2008
   

        FORM 38.5(a)
       
    DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS 
    WITH RECOGNISED INTERMEDIARY STATUS
    DEALING IN A CLIENT-SERVING CAPACITY
    (Rule 38.5(a) of the Takeover Code)
    Amendment

    1.    KEY INFORMATION

 Name of exempt principal trader                       Deutsche Bank AG London
 Company dealt in                                      Adecco
 Class of relevant security to which the dealings      Ordinary
 being disclosed relate (Note 1)
 Date of dealing                                       04/09/2008


    2.    DEALINGS (Note 2)

    (a)    Purchases and sales

 Total number of securities      Highest price paid (Note 3)  Lowest price paid (Note 3)
 purchased                       CHF                          CHF

 46,761                          52                           51.2574


 Total number of securities      Highest price paid (Note 3)  Lowest price paid (Note 3)
 sold                            CHF                          CHF

 27,899                          52.015                       50.05

    (b)    Derivatives transactions (other than options)

 Product name,   Long/short (Note 4)  Number of securities  Price per unit (Note 3)
 e.g. CFD                             (Note 5)              GBP
 CFD             Long                                19091                     50.3
 CFD             Long                                 5459                  50.1619
 CFD             Long                                 1626                51.630032
 CFD             Short                               27767                  51.2574
 CFD             Short                               18800                     50.3
 CFD             Short                                 867                51.360674


    (c)    Options transactions in respect of existing securities



    (i)    Writing, selling, purchasing or varying

 Product name,  Writing, selling,     Number of securities  Exercise  Type, e.g. American,  Expiry   Option money
 e.g. call      purchasing, varying   to which the option   price     European etc.         Date     paid/received per
 option         etc.                  relates (Note 5)                                               unit (Note 3)



    (ii)    Exercising

 Product name, e.g. call option  Number of securities  Exercise price per unit (Note 3)



    3.    OTHER INFORMATION

    Agreements, arrangements or understandings relating to options or derivatives


 Full details of any agreement, arrangement or understanding between the
 person disclosing and any other person relating to the voting rights of any
 relevant securities under any option referred to on this form or relating to
 the voting rights or future acquisition or disposal of any relevant
 securities to which any derivative referred to on this form is referenced. If
 none, this should be stated.  







 Date of disclosure                            12/09/2008
 Contact name                                  Artie Movsesian
 Telephone number                              020 7545 7804
 Name of offeree/offeror with which connected  Michael Page International Plc
 Nature of connection (Note 6)                 Connected Advisor to Offeree


    Notes

    The Notes on Form 38.5(a) can be viewed on the Takeover Panel's website at www.thetakeoverpanel.org.uk
       


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