Press Release Details

TROY, MI (October 21, 2008) -- Kelly Services, Inc., a world leader in human resources solutions, today announced results for the third quarter of 2008.

Carl T. Camden, President and Chief Executive Officer, announced revenue for the third quarter of 2008 totaled $1.4 billion, a 2% decrease compared to the corresponding quarter in 2007.

Losses from operations for the third quarter of 2008 totaled $14.5 million, compared to $20.8 million earnings from operations reported for the third quarter of 2007.  Included in the results of operations for the third quarter 2008 is a $22.5 million pre-tax charge related to several litigation matters. Earnings from operations in the third quarter of 2007 included $2.5 million of pre-tax restructuring costs.

Diluted losses per share from continuing operations in the third quarter of 2008 were $0.33, compared to third quarter 2007 earnings of $0.40 per share. The litigation charge in 2008 was $0.40 per diluted share from continuing operations. Included in third quarter 2007 diluted earnings is the $0.05 per share cost of restructuring. 

Year-to-date 2008 earnings from continuing operations totaled $6.9 million or $0.20 per share.

Commenting on the results, Camden said, "Our third quarter performance reflects the rapid deterioration in global economic conditions and further weakening of the staffing market, particularly in the U.S. Absent the litigation charge, we would have reported modest earnings for the quarter. Although a disappointment, these lawsuits do not affect our ability to execute our long-term strategy."

Camden concluded, "In spite of the tumultuous economic landscape and the cyclical nature of our business, Kelly remains focused on building a stronger company for our employees and customers, while creating lasting value for our shareholders."

In conjunction with its third quarter earnings release, Kelly Services, Inc. will host a conference call at 9:00 a.m. (ET) on October 21, 2008 to review the results and answer questions. The call may be accessed in one of the following ways:

Via the Telephone:
U.S.                    1-800-398-9398
International       1-612-288-0329
The pass code is Kelly Services
 
Via the Internet:
The call is also available via the Internet through the Kelly Services website: www.kellyservices.com

This release contains statements that are forward looking in nature and accordingly, are subject to risks and uncertainties. These factors include: competition, changing market and economic conditions, currency fluctuations, changes in laws and regulations, including tax laws, and other factors discussed in this release and in the company's filings with the Securities and Exchange Commission. Actual results may differ materially from any projections contained herein.
 
About Kelly Services
Kelly Services, Inc. (NASDAQ: KELYA, KELYB) is a world leader in human resources solutions headquartered in Troy, Michigan, offering temporary staffing services, outsourcing, vendor on-site and full-time placement to clients on aglobalbasis. Kelly provides employment to more than 750,000 employees annually, with skills including office services, accounting, engineering, information technology, law, science, marketing, creative services, light industrial, education, and health care. Revenue in 2007 was $5.7 billion. Visit www.kellyservices.com.
 
ANALYST CONTACT:                                             
James Polehna
(248) 244-4586
james_polehna@kellyservices.com

MEDIA CONTACT:
Judith Clark
(248) 244-5362
judith_clark@kellyservices.com