51job, Inc. Announces Results of Annual Shareholders Meeting and Receives Nasdaq Letter Due to Director Vacancy

  51job, Inc. Announces Results of Annual Shareholders Meeting and Receives
                    Nasdaq Letter Due to Director Vacancy

PR Newswire

SHANGHAI, Dec. 6, 2012

SHANGHAI, Dec. 6, 2012 /PRNewswire/ -- 51job, Inc. (Nasdaq: JOBS), a leading
provider of integrated human resource services in China, announced the results
of its annual general meeting ("AGM") of shareholders held in Shanghai on
December 6, 2012.

At the meeting, shareholders resolved to elect each of the following four
individuals to the Company's Board of Directors until the close of its next
annual general meeting of shareholders: David K. Chao, James Jianzhang Liang,
Kazumasa Watanabe and Rick Yan. Mr. Donald L. Lucas did not seek re-election
at the AGM, and therefore one vacancy currently exists in the Company's Board
of Directors.

Following the results of the AGM, the Company informed Nasdaq of its material
non-compliance with Nasdaq's corporate governance rules, and the Company
received a letter dated December 6, 2012 from Nasdaq stating that the Company
no longer complies with Nasdaq's independent director and audit committee
requirements as set forth in Listing Rules 5605(b)(1) and 5605(c)(2)(A),
respectively.

The letter also stated that, consistent with Listing Rules 5605(b)(1)(A) and
5605(c)(4)(B), Nasdaq will provide the Company a cure period in order to
regain compliance. The Company intends to regain full compliance by adding a
new independent director before the earlier of the Company's next annual
shareholders meeting or December 6, 2013. If the next annual shareholders
meeting is held before June 4, 2013, then the Company will evidence compliance
no later than June 4, 2013.

About 51job

51job, Inc. (Nasdaq: JOBS) is a leading provider of integrated human resource
services in China with a strong focus on recruitment related services. Through
online recruitment services at www.51job.com and print advertisements in
51job Weekly, 51job enables enterprises to attract, identify and recruit
employees and connects millions of job seekers with employment opportunities.
51job also provides a number of other value-added human resource services,
including business process outsourcing, training, executive search and
compensation and benefits analysis. 51job has a call center in Wuhan and a
nationwide sales office network spanning 25 cities across China.

SOURCE 51job, Inc.

Website: http://www.51job.com
Contact: Rebecca Liu, Investor Relations, 51job, Inc., +(86-21) 6879-6250,
ir@51job.com
 
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