Heidrick & Struggles Issues Statement

Heidrick & Struggles Issues Statement

CHICAGO, June 3, 2013 (GLOBE NEWSWIRE) -- Heidrick & Struggles International,
Inc. (Nasdaq:HSII), the premier professional services firm focused on serving
the leadership needs of top organizations globally, today made the following

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., (Nasdaq:HSII) is the premier
provider of senior-level Executive Search, Culture Shaping and Leadership
Consulting services. For 60 years, we have focused on quality service and
built strong leadership teams through our relationships with clients and
individuals worldwide. Today, Heidrick & Struggles leadership experts operate
from principal business centers in North America, Latin America, Europe and
Asia Pacific. For more information about Heidrick & Struggles, please visit

Safe Harbor Statement

This press release contains forward-looking statements. The forward-looking
statements are based on current expectations, estimates, forecasts and
projections about the industry in which we operate and management's beliefs
and assumptions. Forward-looking statements may be identified by the use of
words such as "expects," "anticipates," "intends," "plans," "believes,"
"seeks," "estimates," "projects," "forecasts," and similar expressions.
Forward-looking statements are not guarantees of future performance and
involve certain known and unknown risks, uncertainties and assumptions that
are difficult to predict. Actual outcomes and results may differ materially
from what is expressed, forecasted or implied in the forward-looking
statements. Factors that may affect the outcome of the forward-looking
statements include, among other things: our ability to attract, integrate,
manage, and retain qualified executive search consultants; our ability to
develop and maintain strong, long-term relationships with our clients; further
declines in the global economy and our ability to execute successfully through
business cycles; the timing, speed or robustness of any future economic
recovery; social or political instability in markets where we operate; the
impact of foreign currency exchange rate fluctuations; unfavorable tax law
changes and tax authority rulings; price competition; the ability to forecast,
on a quarterly basis, variable compensation accruals that ultimately are
determined based on the achievement of annual results; our ability to realize
our tax losses; the timing of the establishment or reversal of valuation
allowance on deferred tax assets; the mix of profit and loss by country; our
reliance on information management systems; any further impairment of our
goodwill and other intangible assets; and the ability to align our cost
structure and headcount with net revenue. Our reports filed with the U.S.
Securities and Exchange Commission also include information on factors that
may affect the outcome of forward-looking statements. We undertake no
obligation to update publicly any forward-looking statements, whether as a
result of new information, future events or otherwise.

CONTACT: Julie Creed, Vice President, Investor Relations & Real Estate:
         +1 312 496 1774 or jcreed@heidrick.com

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