Directors' Dealings
  Transactions in Adecco securities by Directors and Senior Management


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1. Details of the Liable Person


 1.1 Family Name                       Jacobs

 1.2 Forename                          Andreas

 1.3 Street                            Sägereistrasse 10

 1.4 Postcode / City / Country         CH-8152 Glattbrugg, Switzerland

 1.5 Function                          Non-executive member of the Board of
                                       Directors

 1.6 This transaction has been         Jacobs Venture AG
 executed not by the liable person,
 but by or on behalf of a person
 closely associated with the liable
 person.


2. Details of the product


 2.1 Type of transaction                    Sale

 2.2 Type of security                       Adecco S.A. registered
                                            shares

 2.3 Key conditions attached to unlisted
 conversion and purchase rights and         n.a.
 financial instruments (e.g. exercise
 price, exercise period, duration,
 american/european style, etc.)

 2.4 Number of units traded                 193'998

 2.5 Price                                  CHF 11'814'477.20 (CHF 60.90 per
                                            share)

 2.6 Date of trade and place                21 January 2010, Zurich
 ("relevant binding transaction")

 2.7 Reason for transaction (optional)      n.a.


Location, Date: Zurich, 25 January 2010 / signed


[HUG#1377944]





    Andreas Jacobs (filing A) - Transaction date: 21.1.2010: http://hugin.info/136572/R/1377944/338609.pdf