Exhibit 99.1

For Immediate Release

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

Korn/Ferry International Announces Fourth Quarter Fiscal 2010 Results of Operations

Highlights

	•		Fourth quarter fiscal 2010 fee revenue increased 58% to $168.7 million, compared to $107.0 million in the same quarter last year.
	•		Q4 FY’10 diluted earnings per share was $0.19, compared to diluted loss per share of $0.40 in Q4 FY’09. Excluding restructuring charges, Q4 FY’10 diluted earnings per share was $0.19 compared to diluted loss per share of $0.06 in Q4 FY’09.
	•		Cash and marketable securities were $296.5 million at April 30, 2010.

Los Angeles, CA, June 14, 2010 - Korn/Ferry International (NYSE: KFY), a premier global provider of talent management solutions, announced Q4 FY’10 diluted earnings per share of $0.19 compared to diluted loss per share of $0.40 in Q4 FY’09. Excluding net restructuring charges of $0.1 million and $25.1 million, respectively, diluted earnings per share was $0.19 in Q4 FY’10, compared to diluted loss per share of $0.06 in Q4 FY’09.

“Over the past year we remained focused on preserving our brand, positioning our company for long-term growth and remaining close to clients,” said Gary Burnison, Chief Executive Officer of Korn/Ferry International. “With growth of 58% year over year and 15% sequentially we are leading our industry. We believe the combination of our multi-services, geographic reach and pristine brand have positioned us to become the leading diversified talent solutions company in the world. It is clear that our differentiation strategy is working and I am enormously proud of the collective effort and accomplishments of our worldwide colleagues during fiscal 2010.”

Financial Results
(dollars in millions, except per share amounts)

		Fourth Quarter								Year to Date
		FY’10				FY’09				FY’10				FY’09
Fee revenue		$	168.7			$	107.0			$	572.4			$	638.2
Total revenue		$	176.9			$	114.4			$	599.6			$	676.1
Operating income (loss)		$	13.6			$	(30.3	)		$	(2.7	)		$	3.7
Operating margin			8.1	%			(28.3	)%			(0.5	)%			0.6	%
Net income (loss)		$	8.9			$	(17.2	)		$	5.3			$	(10.1	)
Basic earnings (loss) per share		$	0.20			$	(0.40	)		$	0.12			$	(0.23	)
Diluted earnings (loss) per share		$	0.19			$	(0.40	)		$	0.12			$	(0.23	)

Adjusted Results (a):

		Fourth Quarter								Year to Date
		FY’10				FY’09				FY’10				FY’09
Operating income (loss)		$	13.7			$	(5.2	)		$	17.9			$	45.6
Operating margin			8.1	%			(4.9	)%			3.1	%			7.2	%
Net income (loss)		$	9.0			$	(2.5	)		$	15.8			$	15.0
Basic earnings (loss) per share		$	0.20			$	(0.06	)		$	0.36			$	0.35
Diluted earnings (loss) per share		$	0.19			$	(0.06	)		$	0.35			$	0.34

		Fourth Quarter								Year to Date
		FY’10				FY’09				FY’10				FY’09
Restructuring charges, net		$	0.1			$	25.1			$	20.6			$	41.9
Certain tax adjustments (b)		$	—			$	—			$	(2.8	)		$	—

Fee revenue was $168.7 million in Q4 FY’10 compared to $107.0 million in Q4 FY’09, an increase of 58% (or an increase of 50%, or $53.7 million, on a constant currency basis), which reflects improving economic conditions in North America and abroad and stronger demand for permanent recruitment. Q4 FY’10 includes fee revenue from the acquisition of Whitehead Mann, which closed on June 11, 2009. Fee revenue improved globally due to an increase in revenue from all segments of the business resulting from a 45% increase in the number of executive recruitment engagements billed as well as a 13% increase in the weighted-average fee billed per executive recruitment engagement compared to the prior year (an increase of 8% excluding the impact of exchange rates). Furthermore, the Company experienced a 15% increase in fee revenue compared to Q3 FY’10 as a result of the improving economic conditions.

Compensation and benefits were $118.1 million in Q4 FY’10, an increase of $41.3 million, or 54%, compared to $76.8 million in Q4 FY’09. This increase is attributable mainly to an increase in the variable component of compensation when compared to the prior year, which was lower than normal in Q4 FY’09 due to the challenging economic conditions. Changes in exchange rates impacted compensation and benefits in Q4 FY’10 unfavorably by $4.8 million compared to Q4 FY’09.

General and administrative expenses were $28.4 million in Q4 FY’10, a decrease of $1.2 million, or 4% from $29.6 million in Q4 FY’09. This decrease is attributable to a $2.1 million decrease in the provision for bad debts, partially offset by an increase in business development and marketing costs and unrealized foreign exchange losses. The decrease in the provision for bad debts is due to a higher than normal provision in the prior year, as a result of the challenging macroeconomic

conditions experienced in Q4 FY’09. Changes in exchange rates impacted general and administrative expenses in Q4 FY’10 unfavorably by $1.5 million compared to Q4 FY’09.

Operating income was $13.6 million in Q4 FY’10 compared to operating loss of $30.3 million in Q4 FY’09, an increase of $43.9 million. Excluding restructuring charges of $0.1 million in Q4 FY’10 and $25.1 million in Q4 FY’09, operating income was $13.7 million in Q4 FY’10 and the operating loss was $5.2 million in Q4 FY’09, an increase of $18.9 million as compared to Q4 FY’09.

Balance Sheet and Liquidity

Cash and marketable securities were $296.5 million at April 30, 2010 compared to $330.3 million at April 30, 2009. Cash and marketable securities include $69.0 million and $60.8 million, held in trust for deferred compensation plans, at April 30, 2010 and 2009, respectively. Cash and marketable securities decreased by $33.8 million from Q4 FY’09 mainly due to payments on previously disclosed acquisitions in the current fiscal year.

Results by Segment

Selected Executive Recruitment Data
(dollars in millions)

		Fourth Quarter								Year to Date
		FY’10				FY’09				FY’10				FY’09
Fee revenue		$	150.6			$	91.9			$	504.4			$	543.3
Total revenue		$	157.4			$	98.3			$	526.6			$	572.3
Operating income (loss)		$	23.1			$	(16.1	)		$	38.2			$	47.4
Operating margin			15.4	%			(17.5	)%			7.6	%			8.7	%
Ending number of consultants			473				460				473				460
Average number of consultants			479				479				482				509
Engagements billed			3,673				2,536				9,164				9,227
New engagements (a)			1,925				1,139				6,505				5,945

Adjusted Results (b):

		Fourth Quarter								Year to Date
		FY’10				FY’09				FY’10				FY’09
Operating income		$	23.1			$	3.3			$	61.6			$	77.9
Operating margin			15.4	%			3.6	%			12.2	%			14.3	%

Fee revenue was $150.6 million in Q4 FY’10, an increase of $58.7 million, or 64%, when compared to fee revenue of $91.9 million in Q4 FY’09. On a constant currency basis, fee revenue increased by $52.4 million or 57%, when compared to the same quarter a year ago. Fee revenue increased in all regions due to a 45% increase in the overall number of engagements billed and an increase in the average fee per engagement billed of 13% when compared to Q4 FY’09 (an increase of 8% excluding the impact of exchange rates).

Operating income was $23.1 million in Q4 FY’10 compared to operating loss of $16.1 million in Q4 FY’09. Excluding restructuring charges of $19.4 million incurred in Q4 FY’09, operating income was $3.3 million in Q4 FY’09 compared to $23.1 million in Q4 FY’10.

The total number of consultants at April 30, 2010 was 473, an increase of 13 from April 30, 2009.

Selected Futurestep Data
(dollars in millions)

		Fourth Quarter								Year to Date
		FY’10				FY’09				FY’10				FY’09
Fee revenue		$	18.1			$	15.1			$	68.0			$	94.9
Total revenue		$	19.5			$	16.1			$	73.0			$	103.8
Operating (loss) income		$	(1.1	)		$	(7.8	)		$	1.3			$	(12.0	)
Operating margin			(5.9	)%			(51.7	)%			1.9	%			(12.7	)%

Adjusted Results (a):

		Fourth Quarter								Year to Date
		FY’10				FY’09				FY’10				FY’09
Operating loss		$	(1.0	)		$	(2.1	)		$	(1.5	)		$	(0.6	)
Operating margin			(5.5	)%			(14.2	)%			(2.2	)%			(0.6	)%

Fee revenue was $18.1 million in Q4 FY’10, an increase of $3.0 million, or 20%, from $15.1 million in Q4 FY’09. On a constant currency basis, fee revenue increased by $1.3 million in Q4 FY’10, compared to the same quarter a year ago. Increases in fee revenue were driven by a 21% increase in the average fee per engagement billed, partially offset by a decrease in the number of engagements billed.

Q4 FY’10 and Q4 FY’09 operating loss includes restructuring costs of $0.1 million and $5.6 million, respectively, without such charges, operating loss would have been $1.0 million in Q4 FY’10 compared $2.1 million in Q4 FY’09. Operating loss was $1.1 million in Q4 FY’10 compared to an operating loss of $7.8 million in Q4 FY’09. Q4 FY’10 operating loss includes $1.2 million in severance costs, excluding severance and restructuring costs, operating income would have been $0.2 million.

Outlook

Assuming constant foreign exchange rates, Q1 FY’11 fee revenue is likely to be in the range of $155 million to $175 million and diluted earnings per share is likely to be in the range of $0.15 to $0.25.

Earnings Conference Call Webcast

The earnings conference call will be held tomorrow at 9:00 AM (EDT) and hosted by Gary Burnison, Chief Executive Officer, Mike DiGregorio, Chief Financial Officer and Gregg Kvochak, Vice President of Finance. The conference call will be webcast and available online at www.kornferry.com, accessible through the Investor Relations section.

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 celebrating 40 years in business. 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.

Forward-Looking Statements

Statements in this press release and our conference call that relate to future results and events (“forward-looking statements”) are based on Korn/Ferry’s current expectations. Readers are cautioned not to place undue reliance on such statements. Actual results in future periods may differ materially from those currently expected or desired because of a number of risks and uncertainties that are beyond the control of Korn/Ferry. The potential risks and uncertainties relate to competition, the dependence on attracting and retaining qualified and experienced consultants, the portability of client relationships, local political or economic developments in or affecting countries where we have operations, including fluctuations in exchange rates, risks related to the growth and results of Futurestep, global economic developments, restrictions imposed by off-limits agreements, reliance on information systems, the successful integration of acquired businesses and employment liability risk. For a detailed description of risks and uncertainties that could cause differences, please refer to Korn/Ferry’s periodic filings with the Securities and Exchange Commission. Korn/Ferry disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Use of Non-GAAP Financial Measures

This press release contains financial information calculated other than in accordance with U.S. Generally Accepted Accounting Principles (“GAAP”). These non-GAAP financial measures include:

	•		adjusted operating income (loss) and operating margin, adjusted to exclude restructuring charges (reductions), net,
	•		adjusted net income (loss), basic and diluted earnings (loss) per share, adjusted to exclude restructuring charges (reductions) and certain tax adjustments and;
	•		constant currency amounts that represent the outcome that would have resulted had exchange rates in the reported period been the same as those in effect in the comparable prior year period.

This non-GAAP disclosure has limitations as an analytical tool, should not be viewed as a substitute for financial information determined in accordance with GAAP, and should not be considered in isolation or as a substitute for analysis of the Company’s results as reported under GAAP, nor is it necessarily comparable to non-GAAP performance measures that may be presented by other companies.

Management believes the presentation of non-GAAP financial measures in this press release provides meaningful supplemental information regarding Korn/Ferry’s performance by excluding certain charges that may not be indicative of Korn/Ferry’s ongoing operating results. The use of these non-GAAP financial measures facilitate comparisons to Korn/Ferry’s historical performance. Korn/Ferry includes these non-GAAP financial measures because management believes it is useful to investors in allowing for greater transparency with respect to supplemental information used by management in its evaluation of Korn/Ferry’s ongoing operations and financial and operational decision-making.

[Tables attached]

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

		Three Months Ended								Year Ended
		April 30,								April 30,
		2010				2009				2010				2009
		(unaudited)
Fee revenue		$	168,690			$	106,980			$	572,380			$	638,223
Reimbursed out-of-pocket engagement expenses			8,215				7,446				27,269				37,905
Total revenue			176,905				114,426				599,649				676,128
Compensation and benefits			118,225				76,783				413,340				442,632
General and administrative expenses			28,427				29,566				115,280				126,882
Out-of-pocket engagement expenses			13,495				10,317				41,585				49,388
Depreciation and amortization			3,049				2,946				11,493				11,583
Restructuring charges, net			80				25,070				20,673				41,915
Total operating expenses			163,276				144,682				602,371				672,400
Operating income (loss)			13,629				(30,256	)			(2,722	)			3,728
Interest and other income (loss), net			2,080				1,064				7,444				(15,801	)
Income (loss) before provision (benefit) for income taxes and equity in earnings of unconsolidated subsidiaries			15,709				(29,192	)			4,722				(12,073	)
Income tax provision (benefit)			6,245				(11,943	)			(485	)			384
Equity in (loss) earnings of unconsolidated subsidiaries, net			(548	)			49				91				2,365
Net income (loss)		$	8,916			$	(17,200	)		$	5,298			$	(10,092	)
Earnings (loss) per common share:
Basic		$	0.20			$	(0.40	)		$	0.12			$	(0.23	)
Diluted		$	0.19			$	(0.40	)		$	0.12			$	(0.23	)
Weighted-average common shares outstanding:
Basic			44,783				43,475				44,413				43,522
Diluted			46,220				43,475				45,457				43,522

KORN/FERRY INTERNATIONAL AND SUBSIDIARIES
FINANCIAL SUMMARY BY SEGMENT
(in thousands)
(unaudited)

		Three Months Ended																Year Ended
		April 30,																April 30,
		2010								2009								2010								2009
Fee Revenue:
Executive recruitment:
North America		$	85,037							$	56,865							$	278,746							$	309,514
EMEA (1)			36,257								20,685								137,497								143,184
Asia Pacific			21,695								10,151								64,132								66,332
South America			7,630								4,260								24,026								24,323
Total executive recruitment			150,619								91,961								504,401								543,353
Futurestep			18,071								15,019								67,979								94,870
Total fee revenue			168,690								106,980								572,380								638,223
Reimbursed out-of-pocket engagement expenses			8,215								7,446								27,269								37,905
Total revenue		$	176,905							$	114,426							$	599,649							$	676,128
Adjusted Operating Income (Loss):
(Excluding Restructuring Charges)						Margin								Margin								Margin								Margin
Executive recruitment:
North America		$	12,183				14.3	%		$	1,362				2.4	%		$	40,993				14.7	%		$	49,520				16.0	%
EMEA			3,514				9.7	%			1,712				8.3	%			9,423				6.8	%			16,423				11.5	%
Asia Pacific			5,826				26.9	%			(421	)			(4.1	%)			8,065				12.6	%			7,636				11.5	%
South America			1,647				21.6	%			683				16.0	%			3,173				13.2	%			4,305				17.7	%
Total executive recruitment			23,170				15.4	%			3,336				3.6	%			61,654				12.2	%			77,884				14.3	%
Futurestep			(1,002	)			(5.5	%)			(2,129	)			(14.2	%)			(1,485	)			(2.2	%)			(582	)			(0.6	%)
Corporate			(8,459	)							(6,393	)							(42,218	)							(31,659	)
Total adjusted operating income (loss)		$	13,709				8.1	%		$	(5,186	)			(4.9	%)		$	17,951				3.1	%		$	45,643				7.2	%
Restructuring Charges (Reductions), net:
Executive recruitment:
North America		$	(332	)			(0.4	%)		$	9,447				16.6	%		$	(1,611	)			(0.6	%)		$	12,004				3.9	%
EMEA			136				0.4	%			7,756				37.5	%			24,934				18.1	%			14,362				10.1	%
Asia Pacific			152				0.7	%			1,293				12.8	%			239				0.4	%			2,240				3.4	%
South America			60				0.8	%			909				21.3	%			(113	)			(0.5	%)			1,864				7.7	%
Total executive recruitment			16				0.0	%			19,405				21.1	%			23,449				4.6	%			30,470				5.6	%
Futurestep			64				0.4	%			5,641				37.5	%			(2,776	)			(4.1	%)			11,421				12.1	%
Corporate			—								24								—								24
Total restructuring charges (reductions), net		$	80				0.0	%		$	25,070				23.4	%		$	20,673				3.6	%		$	41,915				6.6	%
Operating Income (Loss):						Margin								Margin								Margin								Margin
Executive recruitment:
North America		$	12,515				14.7	%		$	(8,085	)			(14.2	%)		$	42,604				15.3	%		$	37,516				12.1	%
EMEA			3,378				9.3	%			(6,044	)			(29.2	%)			(15,511	)			(11.3	%)			2,061				1.4	%
Asia Pacific			5,674				26.2	%			(1,714	)			(16.9	%)			7,826				12.2	%			5,396				8.1	%
South America			1,587				20.8	%			(226	)			(5.3	%)			3,286				13.7	%			2,441				10.0	%
Total executive recruitment			23,154				15.4	%			(16,069	)			(17.5	%)			38,205				7.6	%			47,414				8.7	%
Futurestep			(1,066	)			(5.9	%)			(7,770	)			(51.7	%)			1,291				1.9	%			(12,003	)			(12.7	%)
Corporate			(8,459	)							(6,417	)							(42,218	)							(31,683	)
Total operating income (loss)		$	13,629				8.1	%		$	(30,256	)			(28.3	%)		$	(2,722	)			(0.5	%)		$	3,728				0.6	%

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

		As of April 30,
		2010				2009
ASSETS
Cash and cash equivalents		$	219,233			$	255,000
Marketable securities			4,114				4,263
Receivables due from clients, net of allowance for doubtful accounts of $5,983 and $11,197, respectively			107,215				67,308
Income taxes and other receivables			6,292				9,001
Deferred income taxes			20,844				14,583
Prepaid expenses and other assets			28,753				21,442
Total current assets			386,451				371,597
Marketable securities, non-current			73,105				70,992
Property and equipment, net			24,963				27,970
Cash surrender value of company owned life insurance policies, net of loans			69,069				63,108
Deferred income taxes			59,742				45,141
Goodwill			172,273				133,331
Intangible assets, net			25,425				16,928
Investments and other assets			16,070				11,812
Total assets		$	827,098			$	740,879
LIABILITIES AND STOCKHOLDERS’ EQUITY
Accounts payable		$	11,148			$	10,282
Income taxes payable			6,323				2,059
Compensation and benefits payable			131,550				116,705
Other accrued liabilities			49,062				44,301
Total current liabilities			198,083				173,347
Deferred compensation and other retirement plans			123,794				99,238
Other liabilities			13,879				9,195
Total liabilities			335,756				281,780
Stockholders’ equity
Common stock: $0.01 par value, 150,000 shares authorized, 57,614 and 56,185 shares issued and 45,979 and 44,729 shares outstanding, respectively			388,717				368,430
Retained earnings			90,220				84,922
Accumulated other comprehensive income, net			12,934				6,285
Stockholders’ equity			491,871				459,637
Less: notes receivable from stockholders			(529	)			(538	)
Total stockholders’ equity			491,342				459,099
Total liabilities and stockholders’ equity		$	827,098			$	740,879

KORN/FERRY INTERNATIONAL AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS
RECONCILIATION OF AS REPORTED (GAAP) TO AS ADJUSTED (NON-GAAP)
APRIL 30, 2010
(in thousands, except per share amounts)
(unaudited)

		Three Months Ended												Year Ended
		April 30, 2010												April 30, 2010
		As Reported				Adjustments				As Adjusted				As Reported				Adjustments				As Adjusted
Fee revenue		$	168,690							$	168,690			$	572,380							$	572,380
Reimbursed out-of-pocket engagement expenses			8,215								8,215				27,269								27,269
Total revenue			176,905								176,905				599,649								599,649
Compensation and benefits			118,225								118,225				413,340								413,340
General and administrative expenses			28,427								28,427				115,280								115,280
Out-of-pocket engagement expenses			13,495								13,495				41,585								41,585
Depreciation and amortization			3,049								3,049				11,493								11,493
Restructuring charges, net			80				(80	)			—				20,673				(20,673	)			—
Total operating expenses			163,276				(80	)			163,196				602,371				(20,673	)			581,698
Operating income (loss)			13,629				80				13,709				(2,722	)			20,673				17,951
Interest and other income, net			2,080								2,080				7,444								7,444
Income before provision (benefit) for income taxes and equity in earnings of unconsolidated subsidiaries			15,709				80				15,789				4,722				20,673				25,395
Income tax provision (benefit) (1) (2)			6,245				32				6,277				(485	)			10,172				9,687
Equity in (loss) earnings of unconsolidated subsidiaries, net			(548	)							(548	)			91								91
Net income		$	8,916			$	48			$	8,964			$	5,298			$	10,501			$	15,799
Earnings per common share:
Basic		$	0.20							$	0.20			$	0.12							$	0.36
Diluted		$	0.19							$	0.19			$	0.12							$	0.35
Weighted-average common shares outstanding:
Basic			44,783								44,783				44,413								44,413
Diluted			46,220								46,220				45,457								45,457

KORN/FERRY INTERNATIONAL AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS
RECONCILIATION OF AS REPORTED (GAAP) TO AS ADJUSTED (NON-GAAP)
APRIL 30, 2009
(in thousands, except per share amounts)
(unaudited)

		Three Months Ended												Year Ended
		April 30, 2009												April 30, 2009
		As Reported				Adjustments				As Adjusted				As Reported				Adjustments				As Adjusted
Fee revenue		$	106,980							$	106,980			$	638,223							$	638,223
Reimbursed out-of-pocket engagement expenses			7,446								7,446				37,905								37,905
Total revenue			114,426								114,426				676,128								676,128
Compensation and benefits			76,783								76,783				442,632								442,632
General and administrative expenses			29,566								29,566				126,882								126,882
Out-of-pocket engagement expenses			10,317								10,317				49,388								49,388
Depreciation and amortization			2,946								2,946				11,583								11,583
Restructuring charges			25,070				(25,070	)			—				41,915				(41,915	)			—
Total operating expenses			144,682				(25,070	)			119,612				672,400				(41,915	)			630,485
Operating (loss) income			(30,256	)			25,070				(5,186	)			3,728				41,915				45,643
Interest and other income (loss), net			1,064				—				1,064				(15,801	)			—				(15,801	)
(Loss) income before (benefit) provision for income taxes and equity in earnings of unconsolidated subsidiaries			(29,192	)			25,070				(4,122	)			(12,073	)			41,915				29,842
Income tax (benefit) provision (1)			(11,943	)			10,377				(1,566	)			384				16,778				17,162
Equity in earnings of unconsolidated subsidiaries, net			49								49				2,365								2,365
Net (loss) income		$	(17,200	)		$	14,693			$	(2,507	)		$	(10,092	)		$	25,137			$	15,045
(Loss) earnings per common share:
Basic		$	(0.40	)						$	(0.06	)		$	(0.23	)						$	0.35
Diluted		$	(0.40	)						$	(0.06	)		$	(0.23	)						$	0.34
Weighted-average common shares outstanding:
Basic			43,475								43,475				43,522								43,522
Diluted			43,475								43,475				43,522								44,272