Kelly Services Announces Planned Stock Sales by the William R. Kelly Trust
01 Novembre 2004 - 5:59PM
PR Newswire (US)
Kelly Services Announces Planned Stock Sales by the William R.
Kelly Trust TROY, Mich., Nov. 1 /PRNewswire-FirstCall/ -- Kelly
Services, Inc., a global provider of staffing services, today
announced planned stock sales by the William R. Kelly Trust. (Logo:
http://www.newscom.com/cgi-bin/prnh/19991208/KELLYLOGO ) The
William R. Kelly Trust ("the Trust") filed a form 144 with the
Securities and Exchange Commission today indicating its intention
to sell 150,000 shares over the next ninety days in a series of
open market transactions. The Trust is selling the shares for
liquidity purposes to meet ongoing estate tax obligations incurred
upon the death of William Russell Kelly in 1998. Terence E.
Adderley, Chairman and Chief Executive Officer of Kelly Services,
serves as co-trustee of the Trust. Accordingly, sales of shares by
the Trust are attributable to Mr. Adderley for SEC reporting
purposes. Kelly Services, Inc. (NASDAQ:KELYANASDAQ:KELYB) is a
Fortune 500 company headquartered in Troy, Mich., offering staffing
solutions that include temporary staffing services, staff leasing,
outsourcing, vendor on-site and full-time placement. Kelly serves
200,000 customers through 2,500 company owned and operated offices
in 26 countries. Kelly provides employment for nearly 700,000
employees annually, with skills including office services,
accounting, engineering, information technology, law, science,
marketing, light industrial, education, health care and home care.
Revenue in 2003 was $4.3 billion. Visit
http://www.kellyservices.com/ .
http://www.newscom.com/cgi-bin/prnh/19991208/KELLYLOGO DATASOURCE:
Kelly Services, Inc. CONTACT: ANALYST CONTACT: James Polehna,
+1-248-244-4586, , or MEDIA CONTACT: Renee Walker, +1-248-244-5362,
, both of Kelly Services, Inc. Web site:
http://www.kellyservices.com/
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