Heidrick & Struggles International, Inc. (ticker: HSII, exchange: NASDAQ) News Release - 7-Mar-2000

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LeadersOnline, Inc. Announces Proposed Registered Offering

IRVINE, Calif.--(BUSINESS WIRE)--March 7, 2000--LeadersOnline, Inc., a wholly owned subsidiary of Heidrick & Struggles International, Inc. (Nasdaq:HSII), announced today that it is planning to file a Registration Statement with the Securities and Exchange Commission covering the proposed sale by LeadersOnline of shares of its common stock. LeadersOnline currently anticipates that the Registration Statement will be filed in the spring or summer of 2000. LeadersOnline expects that the offering will be underwritten and that the underwriters of the offering will be granted an over-allotment option to purchase additional shares of its common stock on customary terms.

The purpose of the offering is to raise funds so that LeadersOnline is able to, among other matters, expand its marketing and branding programs, form strategic alliances and partnerships, and further invest in technology.

The shares of LeadersOnline common stock may not be sold nor may offers to buy such shares be accepted prior to the time the Registration Statement becomes effective. This notice does not constitute an offer to sell or the solicitation of an offer to buy any LeadersOnline securities, nor will there be any sale of any LeadersOnline securities in any State in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such State.

CONTACT: Fleishman-Hillard, Inc., Los Angeles
Sheree Aronson, 213/489-8226 (media)
aronsons@fleishman.com
or
Heidrick & Struggles International, Inc., Chicago
Lynn McHugh, 312/496-1593 (analysts)
lmchugh@heidrick.com