Korn/Ferry International Celebrates 20 Years in Switzerland & Announces the Hiring of New Country Manager; Rainer Faistauer to Manage Swiss Operations

ZURICH, Switzerland--(BUSINESS WIRE)--June 16, 2004--Korn/Ferry International (NYSE:KFY), the world's leading provider of executive recruitment and leadership development solutions, announced today that Rainer Faistauer has been recruited to the position of Managing Director, Switzerland. The firm currently has offices in Zurich and Geneva. Mr. Faistauer, a specialist in the fields of Financial Services and Technology, joins Korn/Ferry from Highland Partners where he was responsible for the firm's operations in Switzerland.

"We are delighted to have Rainer leading our efforts in Switzerland," said Chris van Someren, a senior leader of Korn/Ferry International in Europe. "Switzerland is a key European market for us and we are honoured to have such an industry leader join our organization."

"I am very proud and challenged to strengthen Korn/Ferry's position in Switzerland," said Mr. Faistauer. "Its excellent reputation and track record over two decades in this country is an ideal fit with my personal values and aspirations for the future."

Mr. Faistauer has been in the executive search industry for over a decade. Prior to search, he served as a senior consultant in one of Switzerland's major firms where he managed the organization and automation of private banking processes across a number of European countries. He also worked for a large European computer organization, first in product management and then marketing and sales, ultimately managing the company's banking/insurance sector.

Mr. Faistauer was raised in Salzburg, Austria, and holds an engineering degree in computer sciences from the Technical University of Vienna. He completed his education with an MBA from INSEAD.

About Korn/Ferry International

Korn/Ferry International (NYSE:KFY), with over 70 offices in 36 countries, is the world's leading provider of recruitment solutions. Based in Los Angeles, the firm works closely with clients worldwide to deliver customized executive search, management assessment and mid-level search services, including the identification of CEOs, COOs, CFOs, board members and other senior-level executives; the formal evaluation of senior management teams; and the recruitment of middle managers through its Futurestep subsidiary. For more information, visit the Korn/Ferry International Web site at www.kornferry.com or the Futurestep Web site www.futurestep.com.

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