2010 Preliminary Results Presentation October 2010

1. 2010 Preliminary Results PresentationOctober 2010 Adrian Gunn - Chief Executive Officer Tony Dyer - Chief Financial Officer

2. HeadlinesTrading in line with expectations • Revenue £264.4m, down 2% on 2009 • Net Fee Income (NFI) £26.1m, down 14% on 2009 • Operating profit of £8.8m, down 25% on 2009 • Operational cost savings of £2.1m compared with 2009 • Low net debt of £4.5m at end of year • £25m banking facilities extended until April 2013 • Increased sales force headcount to 200 at the year end • Strategic executive appointments • Launched Barclay Meade and Alderwood Education • Operating investment in new growth initiatives of £0.9m in H2 • Record number of contractors on assignment at year end of 5,100 • Steady increase in average weekly permanent fees • Final dividend maintained at 10.6 pence per share (total dividend 15.6 pence)

3. Well balanced businessBroad spread of sectors, mix, clients & relationships Public Bodies Professional Services 19% Managed Agency Permanent 23% 23% 27% Other clients Private for Public 58% Built Environment 34% Preferred Supplier 25% 29% Contract 73% Top 50 clients Private Engineering 42% 47% 52% Contingency 48% 2010 2009 2010 2010 2010 2010 2009 2009 2009 2009 (July 2010)

4. 2010 Results

5. Income Statement Resilient profits

6. Half year splitsGrowing NFI

7. Earnings per share & dividendsMaintained dividend

8. Balance SheetLow net debt

9. CashflowCash generation

10. Managing the cost baseOperational cost savings & Investing in growth • £2.1m of operational cost savings compared to 2009 H1 • £0.9m of investment in new growth initiatives (c£2m in 2011) • (Including a write back of unvested LTIP charges of £0.3m) • Capital expenditure resumed: updating IT infrastructure and car fleet

11. Contract ActivityRecord contractor numbers

12. Permanent ActivityIncreased average weekly permanent fees Built Environment Average Weekly Perm Placements Engineering Average Weekly Perm Placements

13. Business overview

14. NFI Contractor/Perm split 82:18(2009: 75:25) Gross margin 9.1% (2009: 10.7%) NFI conversion rate 41.9%(45.2% excl Germany) (2009: 43.4%) 3,116 contractors working at period end (2009: 2,764) 715 perm placements (2009: 932) £3,800 average perm fee (2009: £4,300) 86 in sales force at period end (2009: 76) Engineering Sector57% of NFI

15. Engineering Sector57% of NFI • Maintaining Key Clients • BAE & Selex via Xchanging – Preferred Supplier Framework until December 2012 • Babcock Marine – Preferred Supplier to June 2013 • ExxonMobil Chemicals – Preferred Supplier Framework rolling annual contract • AgustaWestland – Preferred Supplier Framework to January 2018 • Invensys Process Systems – Managed Agency rolling annual contract • Developing New Clients • Science & Medical and Renewable Energy • QEC supply chain – Key Supply Agreements • Prodrive – Sole Supplier • GE Group – Preferred Supplier Framework • KBR, Cameron, Petrofac – Preferred Supplier Frameworks • Current Market Forces • Public spending review • High demand for niche skill types • Increase in contractor pay rates • Increase in permanent recruitment activity • Renewed optimism across industry sectors

16. Contractor/Perm split of NFI 89:11(2009 84:16) Gross margin 9.3% (2009: 11.1%) NFI conversion rate 36.4% (2009: 40.5%) 1,085 contractors working at period end(2009: 1,030) 155 perm placements (2009: 279) £3,900 average perm fee (2009: £4,300) 44 in sales force at period end (2009: 43) Built Environment Sector21% of NFI

17. Built Environment Sector21% of NFI • Maintaining Key Clients • Transport for London – Preferred Supplier Framework to June 2013 • Mouchel - Master Vendor to September 2012 • WSP – Master Vendor to January 2013 • Arup – Sole National Supplier Framework • Atkins - Preferred Supplier Framework to October 2012 • Developing New Clients • Biwater – Sole Supplier Framework • Buro Happold – Preferred Supplier Framework • Halcrow – Preferred Supplier Framework • Ringway Jacobs – Preferred Supplier Framework • Costain – Preferred Supplier Framework • Current Market Forces • Public spending review • Supplier rationalisation on framework agreements • Direct permanent recruitment by clients internal Talent Acquisition Teams • Consultant Engineers planning growth in the Nuclear and Renewable sectors • Increase in Water industry as AMP5 ramps up

18. Contractor/Perm split of NFI 55:45 (2009: 56:44) Gross margin 13.1% (2009: 15.5%) NFI conversion rate 10.3% (19.0% ex Investment) (2009: 25.7%) 884 contractors working at period end (2009: 805) 787 perm placements (2009: 909) £3,300 average perm fee (2009: £3,600) 70 in sales force at period end (2009: 57) Professional Services Sector22% of NFI

19. Professional Services Sector22% of NFI • Maintaining Key Clients • Transport for London – Preferred Supplier Framework to June 2013 • NHS via Buying Solutions – Preferred Supplier Framework to December 2012 • Arqiva – Preferred Supplier Framework to April 2012 • Cap Gemini, Cognizant – Preferred Supplier Framework • Developing New Clients • IT PSL wins – John Lewis, GE, Mott McDonald, Portsmouth CC, Old Mutual , Sodexo • Procurement PSL wins – Reiss, Carphone Warehouse, BP, Shell and MI5 • Education PSL wins – JHP, HIT, Rathbone • Current Market Forces • Reduction in formal tender activity • Increase in higher margin contingency opportunities • Major increase in referral business based on reputation • Significant increase in permanent IT recruitment • High demand for niche skill sets • Increased importance of Social & Professional networking for candidate sourcing

20. Growth Strategy

21. New StructureClarity • EngineeringBuilt EnvironmentScience & MedicalInformation Systems & Technology • Accountancy HRProcurement Supply ChainFinancial ServicesSalesMarcommsExecutive Search • Welfare to workWork-based learningFurther Education • RPOMaster VendorManaged AgencyNeutral Vendor

22. Growth StrategyBuilding on core revenue streams Continuing with our well established business model > flexible single site > resilient contract focused Restructured into four key sectors, all with strong growth potential: > Engineering > Information Systems & Technology (IS&T) > Built Environment > Scientific & Medical Introducing further on-line innovation with matchtech.com to be launched end H1 Sales force headcount in the UK currently at 157 (October 2010) Capability and track record to deliver strong NFI growth Expanding international foot print into Germany Clear focus on the Automotive and Aerospace sectors Sales force headcount in Germany now at 8 Trading with over 80 clients Database of over 8,500 registered candidates Moving to larger premises 22

23. Growth Strategy Additional revenue streams Strategic external Executive appointment – Nigel Lynn Sales force headcount now at 63 All regional offices revenue generating Winning business from competitors Clear focus on the private sector contingency business Enhancing our permanent recruitment capability to fuel strong NFI growth Specialist in the Education and Training Sector Focusing on welfare to work and work based learning Moving into supply teacher market RPO business – broadening the scope of our services Strategic external Executive appointment – Peter Collis Defensive strategy to combat the threat of direct recruitment by clients Focusing new business wins in the technical sector Moving client relationships from transactional to transformational

24. OutlookStrong fundamentals & clear growth strategy Strong fundamentals Flexible low cost business model Track record of strong organic growth Resilient contract focus with record contractors on assignment Low net debt and committed funding facilities Solid dividend payout record with an attractive yield Clear growth strategies Capability and resource to increase permanent fees rapidly Diversifying client base through the launch of Barclay Meade and Alderwood Reaching new clients through strategic new office locations Working with clients to transform their recruitment processes through Elemense Expanding geographically into Germany “The Group has begun the year well, with trading in the first two months to the end of September in line with our expectations. The Board is confident in the medium term prospects for the Group.”

25. Appendices

26. Executive TeamCombining internal experience with key external appointments 26 Keith Lewis - Managing Director, Matchtech UK Keith is responsible for all of our UK operations across the Engineering, Science & Medical, Built Environment and IS&T sectors. Keith, a Fellow of the Institute of Recruitment Professionals (FIRP), joined us in 1993 as a Senior Consultant, before progressing to his current position. Keith is also on the Steering Committee for the Engineering & Technical sector at the Recruitment & Employment Confederation (REC). Nigel Lynn - Managing Director, Barclay Meade and Alderwood Education Nigel has over 23 years’ experience in the professional staffing recruitment industry. He is a qualified Accountant, having had experience with Westland Helicopters, Max Factor and Meggitt Holdings. He founded his own accountancy recruitment business, which was successfully sold in 2005, and then was recruited to build the professional staffing business of Carlisle Holdings plc. He was promoted to MD of Professional and Technical business following the merger forming Impellam plc. Nigel joined the Group in early 2010 in order to build the professional and education businesses. Peter Collis - Managing Director, elemense Peter joined us in July 2010, bringing 15 years' experience in the Business Process Outsourcing and recruitment sectors. He is the Managing Director of our Recruitment Process Outsourcing (RPO) division, elemense. Before joining us, Peter was a Board Member at Wynnwith Group, responsible for its major accounts business. He started his career in Engineering & Procurement at BAE Systems, before moving to Accenture to specialise in Supply Chain Outsourcing and Consulting. Following a move into recruitment, Peter established hyphen as an RPO business at Spring Group and led the business as its Managing Director. David Rees - HR Director David is responsible for our HR Policy and the staff development, training and recruitment required to meet the Group's strategic goals. He specialises in developing staff of all levels. David has worked with us for 19 years, starting first as a Consultant advancing to achieve Department Manager status in 1998 and Divisional Director in 2002. In 2008, David was asked to lead our new HR & Training initiatives, and in 2009, was appointed as an Executive Director.

27. Board of DirectorsMany years experience George Materna - Non-Executive Chairman Over 30 years experience of the recruitment industry, and is the founder of Matchtech. Adrian Gunn - Chief Executive Officer Joined in 1988; appointed to PLC Board in 2004 as Business Development Director, Group Sales Director and Group MD before becoming CEO in 2009. Non-Executive Director of Recruitment and Employment Confederation Tony Dyer – Chief Financial Officer Qualified as Chartered Management Accountant in 1995. Joined Matchtech in 1996 as management accountant. Appointed to PLC Board in 2004 as Finance Director before becoming CFO in 2009. Andy White - Non-Executive Deputy Chairman A chartered engineer, he formed Matchtech Engineering with George Materna in 1990. Ric Piper - Non-Executive Director Chairman and NED of a number of AIM & privately owned businesses. A Chartered Accountant, Ric is a member of the Financial Reporting Review Panel. He has been a member of the Matchtech board since 2006. Stephen Burke - Non-Executive Director Over 25 years experience in the recruitment industry with Michael Page in 1981, including 10 years setting up businesses in Europe and then as a plc Director from 2001-2005. A member of the Matchtech board since 2006.

28. 1996-2010 NFI & Operating ProfitConsistent organic performance over the long term