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Korn/Ferry: Net loss lower than first reported

June 29, 2009

Korn/Ferry International Inc. (NYSE: KFY), the Los Angeles-based executive search firm, released amended fourth-quarter results today that reflect a lower net loss. The amended results came as the company corrected compensation and benefit expenses.

The company posted a net loss of $17.2 million for its fiscal fourth quarter ended April 30 compared with a net loss of $19.5 million earlier reported.

Net loss for the full year is now $10.1 million instead of $12.4 million.