Exhibit 99.1




NEWS RELEASE
FOR IMMEDIATE RELEASE




   THE PROFIT RECOVERY GROUP INTERNATIONAL ANNOUNCES CONVERTIBLE DEBT OFFERING


ATLANTA,  NOVEMBER  15, 2001 - The Profit  Recovery  Group  International,  Inc.
(Nasdaq:  PRGX) today announced that it intends to offer,  subject to market and
other conditions,  $75 million of convertible  subordinated  notes due 2006 in a
private  placement.  The  notes  will  have a term of  five  years  and  will be
convertible  into the Company's  common stock at the option of the holder,  at a
price to be  determined  that will be at a premium  to the  market  price of the
Company's  common  stock on the date of issuance of the notes.  The  offering is
expected  to  close in  November  2001.  The  Company  may  also  issue up to an
additional $11.25 million of notes to cover  over-allotments  in connection with
the offering.  The Company intends to use the net proceeds to repay a portion of
the outstanding bank borrowings under the Company's bank credit facility.

The notes and the common stock issuable upon conversion have not been registered
under the Securities  Act of 1933, as amended,  or applicable  state  securities
laws, and are being offered only to qualified  institutional  buyers in reliance
on Rule 144A  under the  Securities  Act.  Unless so  registered,  the notes and
common stock issued upon  conversion  of the notes may not be offered or sold in
the  United  States  except  pursuant  to an  exemption  from  the  registration
requirements of the Securities Act and applicable state securities laws.

This  announcement is neither an offer to sell nor a solicitation of an offer to
buy any of these securities.  This press release is being issued pursuant to and
in accordance with Rule 135c under the Securities Act of 1933, as amended.




                                     -MORE-




About The Profit Recovery Group  International,  Inc.
Headquartered in Atlanta, The Profit Recovery Group International, Inc. (PRG) is
one  of  the  world's  leading  providers  of  recovery  audit  services.  PRG's
continuing  operations  employ  approximately  2,500  employees  in 34 countries
providing more than 2,500 clients with insightful value to optimize and expertly
manage  their  business  transactions.  PRG's  clients  represent  a variety  of
industries   including   retailing,   wholesale   distribution,   manufacturing,
government,  high-tech and healthcare organizations. PRG was founded in 1990 and
became a publicly-traded company in 1996. Shares of PRG are traded on the NASDAQ
National Market under the symbol PRGX. For additional  information visit our web
site at www.prgx.com.



                                      # # #

Contacts:
          Shareholder Contact:                       Media & Client Contact:
          Leslie H. Kratcoski                        Michelle B. Duncan
          Investor Relations                         Corporate Communications
          (770) 779-3099                             (770) 779-3295




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