Update on the intended offer by Recruit Holdings Co., Ltd. for USG People N.V.

Almere, 1 March 2016

Reference is made to the joint press releases by Recruit Holdings Co., Ltd. ("Recruit") and USG People N.V. ("USG People") dated 22 December 2015 and 19 January 2016 in respect of the intended recommended all cash offer by Recruit for all issued ordinary shares of USG People at an offer price of € 17.50 per ordinary USG People share (the "Offer").

Recruit Holdings Co., Ltd. today issued a press release regarding the progress made on the public offer for all shares of USG People. Given the importance to the stakeholders of USG People we are disseminating this release to our stakeholders and the press release has also been made available on the USG People website. The press release can be accessed via the link below:

http://www.usgpeople.com/investor-information/recruit-offering

About USG People

With revenue of € 2.6 billion in 2015 USG People is one of the largest providers of HR services in Europe with established and recognisable international brands. The brand portfolio comprises Start People, Unique, Secretary Plus, USG Professionals and Solvus.

Headquartered in the Dutch city of Almere, USG People is active in Belgium, France, Germany and the Netherlands. USG People is listed on the Euronext Amsterdam stock exchange and is included in the AMX Index.

For more information on USG People or any of its operating companies, please visit our website at www.usgpeople.com.