Exhibit 99.1

For Immediate Release

Contacts:
Investor Relations: Gregg Kvochak, (310) 556-8550
For Media: Mike Distefano, (310) 843-4199

Korn/Ferry International Amends Fourth Quarter Fiscal
2009 Results of Operations

Los Angeles, CA, June 29, 2009 - Korn/Ferry International (NYSE:KFY), a premier global provider of talent management solutions, announced it has made an adjustment to its fourth quarter fiscal 2009 results of operations subsequent to the issuance of its press release on June 9, 2009. The adjustment was made to correct compensation and benefit expenses that had been recorded twice by the Company during the periods covering fiscal 2002 through fiscal 2009 for expenses relating to employee contributions to a health and welfare benefit plan. The cumulative impact of this adjustment was a $3.7 million decrease in compensation and benefits expense for the quarter and year ended April 30, 2009, a $4.0 million increase in cash and cash equivalents and a $0.3 million increase in accrued compensation and benefits liability as of April 30, 2009. This adjustment increased operating profit by $3.7 million and decreased net loss by $2.3 million, or $0.05 per basic and diluted share for the quarter and year ended April 30, 2009. Based on the Company’s analysis of the adjustment it was not considered material to any individual prior period or the current period. A revised balance sheet and income statement reflecting the adjustment are attached.

- Korn/Ferry International (NYSE:KFY), with a presence throughout the Americas, Asia Pacific, Europe, the Middle East and Africa, is a premier global provider of talent management solutions. Based in Los Angeles, the firm delivers an array of solutions that help clients to attract, develop, retain and sustain their talent. Visit www.kornferry.com for more information on the Korn/Ferry International family of companies, and www.kornferryinstitute.com for thought leadership, intellectual property and research.

KORN/FERRY INTERNATIONAL AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS
(in thousands, except per share amounts)

		Three Months Ended								Year Ended
		April 30,								April 30,
		2009				2008				2009				2008
		(unaudited)				(unaudited)
Fee revenue		$	106,980			$	208,204			$	638,223			$	790,570
Reimbursed out-of-pocket engagement expenses			7,446				12,246				37,905				45,072
Total revenue			114,426				220,450				676,128				835,642
Compensation and benefits			76,783				148,072				442,632				540,056
General and administrative expenses			29,566				33,374				126,882				134,542
Out-of-pocket engagement expenses			10,317				16,086				49,388				58,750
Depreciation and amortization			2,946				2,740				11,583				10,441
Restructuring charges			25,070				—				41,915				—
Total operating expenses			144,682				200,272				672,400				743,789
Operating (loss) income			(30,256	)			20,178				3,728				91,853
Interest and other income (loss), net			1,064				1,063				(15,801	)			7,137
(Loss) income before (benefit) provision for income taxes and equity in earnings of unconsolidated subsidiaries			(29,192	)			21,241				(12,073	)			98,990
(Benefit) provision for income taxes			(11,943	)			6,328				384				36,081
Equity in earnings of unconsolidated subsidiaries, net			49				833				2,365				3,302
Net (loss) income		$	(17,200	)		$	15,746			$	(10,092	)		$	66,211
Basic (loss) earnings per common share		$	(0.40	)		$	0.36			$	(0.23	)		$	1.50
Basic weighted average common shares outstanding			43,475				43,230				43,522				44,012
Diluted (loss) earnings per common share		$	(0.40	)		$	0.36			$	(0.23	)		$	1.46
Diluted weighted average common shares outstanding			43,475				44,333				43,522				45,528

KORN/FERRY INTERNATIONAL AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(in thousands, except per share amounts)

		As of April 30,
		2009				2008
ASSETS
Cash and cash equivalents		$	255,000			$	305,296
Marketable securities			4,263				5,940
Receivables due from clients, net of allowance for doubtful accounts of $11,197 and $11,504, respectively			67,308				119,952
Income taxes and other receivables			9,001				7,071
Deferred income taxes			14,583				10,401
Prepaid expenses and other assets			21,442				20,057
Total current assets			371,597				468,717
Marketable securities, non-current			70,992				78,026
Property and equipment, net			27,970				32,462
Cash surrender value of company owned life insurance policies, net of loans			63,108				81,377
Deferred income taxes			45,141				47,128
Goodwill			133,331				142,699
Intangible assets, net			16,928				15,519
Other assets			11,812				14,286
Total assets		$	740,879			$	880,214
LIABILITIES AND SHAREHOLDERS’ EQUITY
Accounts payable		$	10,282			$	15,309
Income taxes payable			2,059				20,948
Compensation and benefits payable			116,705				199,081
Other accrued liabilities			44,301				37,120
Total current liabilities			173,347				272,458
Deferred compensation and other retirement plans			99,238				105,719
Other liabilities			9,195				5,903
Total liabilities			281,780				384,080
Shareholders’ equity
Common stock: $0.01 par value, 150,000 shares authorized, 56,185 and 54,786 shares issued and 44,729 and 44,593 shares outstanding, respectively			368,430				358,568
Retained earnings			84,922				95,014
Accumulated other comprehensive income			6,285				43,097
Shareholders’ equity			459,637				496,679
Less: notes receivable from shareholders			(538	)			(545	)
Total shareholders’ equity			459,099				496,134
Total liabilities and shareholders’ equity		$	740,879			$	880,214