Heidrick & Struggles Confirms it has been Approached Regarding a Possible Sale

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Heidrick & Struggles International, Inc.
HSII
, the premier professional services firm focused on serving the leadership needs of top organizations globally, today made the following statement. While it is the long standing policy of Heidrick & Struggles not to confirm or deny market rumors or speculation, in response to media reports the Company today confirmed that it has been approached on a preliminary basis regarding a possible sale of the Company. Heidrick & Struggles stated that, as a consequence, its Board of Directors decided to explore strategic alternatives, including a possible sale of the Company and continuing to execute against the Company's strategic plan as an independent company. There can be no assurance that the exploration of strategic alternatives will result in the consummation of any transaction. Heidrick & Struggles believes its stand-alone strategic plan provides attractive growth opportunities for its consultants and associates, and can build value for its shareholders. The Company does not intend to comment further regarding this matter until its Board of Directors has determined the outcome of its review process, or otherwise decides that disclosure is required or appropriate. About Heidrick & Struggles International, Inc. Heidrick & Struggles International, Inc.,
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