Kelly Services Announces Planned Stock Sales by the William R. Kelly Trust
09 Settembre 2004 - 10:53PM
PR Newswire (US)
Kelly Services Announces Planned Stock Sales by the William R.
Kelly Trust TROY, Mich., Sept. 9 /PRNewswire-FirstCall/ -- Kelly
Services, Inc., a global provider of staffing services, today
announced planned stock sales by the William R. Kelly Trust. (Logo:
http://www.newscom.com/cgi-bin/prnh/19991208/KELLYLOGO ) The
William R. Kelly Trust ("the Trust") filed a Form 144 with the
Securities and Exchange Commission today indicating its intention
to sell 200,000 shares over the next 90 days in a series of open
market transactions. The Trust is selling the shares for liquidity
purposes to meet ongoing estate tax obligations incurred upon the
death of William Russell Kelly in 1998. Terence E. Adderley,
chairman and chief executive officer of Kelly Services, serves as
co-trustee of the Trust. Accordingly, sales of shares by the Trust
are attributable to Mr. Adderley for SEC reporting purposes. Kelly
Services, Inc. (NASDAQ:KELYANASDAQ:KELYB) is a Fortune 500 company
headquartered in Troy, Mich., offering staffing solutions that
include temporary staffing services, staff leasing, outsourcing,
vendor on-site and full-time placement. Kelly serves 200,000
customers through 2,500 company owned and operated offices in 26
countries. Kelly provides employment for nearly 700,000 employees
annually, with skills including office services, accounting,
engineering, information technology, law, science, marketing, light
industrial, education, health care and home care. Revenue in 2003
was $4.3 billion. Visit http://www.kellyservices.com/ .
http://www.newscom.com/cgi-bin/prnh/19991208/KELLYLOGO DATASOURCE:
Kelly Services, Inc. CONTACT: ANALYST CONTACT: James Polehna,
Director, Investor Relations, +1-248-244-4586, , or MEDIA CONTACT:
Robert Doetsch, Director, Public Relations, +1-248-244-5362, , both
of Kelly Services, Inc. Web site: http://www.kellyservices.com/
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