EXHIBIT 99.1


PRG-Schultz Exercises Option to Purchase Shares


ATLANTA,  Sep  20,  2002   /PRNewswire-FirstCall   via  COMTEX/  --  PRG-Schultz
International,  Inc. (Nasdaq:  PRGX) ('the Company') announced that it has today
exercised one of its options to purchase  approximately  1.45 million  shares of
its common stock from an affiliate of Howard Schultz, a director of the Company,
for approximately  $12.68 million,  representing a price of $8.72 per share plus
accretion  of 8% per annum from the August 27, 2002 option  issuance  date.  The
option purchase price was funded through  borrowings  under the Company's senior
bank credit facility.

As announced on August 19, 2002, the Schultz  affiliate  granted the Company two
options to purchase in total  approximately  2.9 million  shares of PRG- Schultz
common  stock at a price of $8.72 per share plus  accretion of 8% per annum from
August  27,  2002.  As a result of  today's  transaction,  the  Company  has one
remaining option to purchase approximately another 1.45 million shares under the
same terms by May 9, 2003.

About PRG-Schultz International, Inc.

Headquartered in Atlanta,  PRG-Schultz International,  Inc. (PRG-Schultz) is the
world's  leading  provider  of  recovery  audit  services.  PRG-Schultz  employs
approximately  3,500  employees,  providing  clients in over 40  countries  with
insightful  value to optimize and expertly  manage their business  transactions.
Using proprietary software and expert audit methodologies,  PRG-Schultz industry
specialists  review  client  invoices,  purchase  orders,  receiving  documents,
databases,  and correspondence files to recover lost profits due to overpayments
or  under-deductions.  PRG-Schultz is retained on a pay-for-  performance basis,
receiving a percentage of each dollar recovered.  Additional  information may be
found at www.prgx.com.

SOURCE PRG-Schultz International, Inc.

CONTACT: Leslie H. Kratcoski,  Investor Relations of PRG-Schultz  International,
Inc., (770) 779-3099.




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