EXHIBIT 99.2

     AFFILIATES OF BERKSHIRE PARTNERS AND BLUM CAPITAL PARTNERS TO PURCHASE
          PRG-SCHULTZ SHARES FROM DIRECTORS HOWARD SCHULTZ AND ANDREW
                          SCHULTZ AND THEIR AFFILIATES


ATLANTA, Aug 19, 2002 /PRNewswire-/PRNewswire-FirstCall via COMTEX/ --

HOWARD  SCHULTZ TO RETIRE AS CHAIRMAN BUT REMAIN  DIRECTOR;  CEO JOHN COOK TO BE
NAMED CHAIRMAN; COO MARK PERLBERG PROMOTED TO PRESIDENT

PRG-Schultz  International,  Inc. (Nasdaq: PRGX) ('the Company') announced today
that Howard  Schultz,  chairman,  Andrew  Schultz,  executive vice president and
director,  and certain of their affiliates  (collectively  referred to herein as
'the Schultz holders'), have entered into agreements to sell approximately $75.7
million,  or approximately  8.68 million shares, of PRG-Schultz  common stock to
certain  affiliates  of Berkshire  Partners LLC  ('Berkshire')  and Blum Capital
Partners LP  ('Blum'),  in private  transactions.  Berkshire  and Blum will each
purchase  approximately  $37.8 million, or approximately 4.34 million shares, of
PRG-Schultz common stock. Both investment firms are currently represented on the
Company's board of directors.

Each of Berkshire and Blum have also agreed to lend to certain  Schultz  holders
in the aggregate $25 million, and have entered into put and call arrangements to
purchase  additional  shares  from the  Schultz  holders to the extent  that the
Company  does not  exercise  its  options to purchase  such shares as  described
below.

The Schultz  holders have agreed to grant the Company two options to purchase in
total  approximately $25.2 million of PRG-Schultz common stock, or approximately
2.89  million  shares,  at a price of $8.72 per share plus  accretion  at 8% per
annum.  One of these options,  pertaining to  approximately  1.45 million shares
expires in  approximately  six months with the second  option for an  additional
1.45 million shares expiring in approximately nine months.

"I am delighted that two successful investment firms of the caliber of Berkshire
Partners and Blum Capital  Partners have the  confidence in  PRG-Schultz to make
the  substantial  investments  that they have," said John Cook,  chief executive
officer of PRG-Schultz.  "Both firms have provided  valuable  contributions  and
insights  through their  representation  on our board, and I look forward to our
continued partnership."

Garth  Greimann,   managing  director,   Berkshire  Partners,  and  director  of
PRG-Schultz,  commented,  "Berkshire Partners believes strongly in PRG-Schultz's
business model and its leadership position in the industry."

Colin  Lind,   managing  partner,   Blum  Capital  Partners,   and  director  of
PRG-Schultz,  added, "Blum Capital Partners supports the experienced  management
team of PRG-Schultz.  We have increased our stake in the Company because we have
a long-term commitment to its success."

The sale  transactions,  expected to close before the end of August, are subject
to regulatory approval.

Upon its purchase of the approximately 4.34 million shares,  Blum is expected to
beneficially  own  approximately  20.3%  of  the  outstanding  common  stock  of
PRG-Schultz,  including  approximately 5.17 million shares which would be issued
to Blum upon their  conversion of $40 million of convertible  notes.  Any shares
owned by Blum or its  affiliates in excess of 15% of  PRG-Schultz's  outstanding
shares will be voted as  recommended  by the Company's  board of directors.  The


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Company's board of directors has also approved a one-time and limited  exemption
to Blum under  PRG-Schultz's  Shareholder  Rights Plan. Upon its purchase of the
approximately  4.34 million shares,  Berkshire is expected to own  approximately
6.7% of the outstanding common stock of PRG-Schultz. These ownership percentages
do not include any shares that  Berkshire or Blum may acquire as a result of the
put/call arrangements described above.

The Schultz holders will continue to own  approximately  1.5 million shares,  or
approximately 2.3% of PRG-Schultz's  outstanding  common shares,  after the sale
and after giving effect to full exercise of the option and put/call arrangements
described above.  Each of Berkshire and Blum have agreed with the Company to not
sell any shares  acquired in the transaction  prior to January 24, 2004,  except
for transfers to affiliates  and  transfers  approved by the Company's  board of
directors.  Beginning  January  24,  2004,  both  Berkshire  and Blum  will have
registration rights with certain limitations.

The Company is discussing with its bank syndicate the conditions under which the
Company may take advantage of the option opportunities.

The Company also announced that, upon the close of the sale transactions, Howard
Schultz will retire as chairman of the board,  but will remain a director of the
Company.  At that time, John Cook,  chief executive  officer,  will reassume the
additional  responsibilities of chairman of the board of directors.  The Company
also announced that current PRG-Schultz directors Andrew Schultz and Nate Levine
will resign from the board, upon the close of the sale transactions. The Company
does not intend to replace  these  directors  at this time,  and the size of the
board has been reduced to 11. As announced in a separate  press  release  today,
Mark Perlberg,  chief operating  officer,  has been elected president  effective
immediately.

Cook said,  "I thank Howard for his vision,  dedication  and  commitment to this
company and our industry. Howard has devoted the better part of his professional
career to the development of the accounts payable recovery auditing business and
he has  been a  driving  force in  making  PRG-Schultz  the  most  comprehensive
provider of accounts payable recovery services in the industry.  The PRG-Schultz
family is grateful for all of Howard's  efforts,  including his years of service
to  HS&A  and  later  PRG-Schultz.   We  all  look  forward  to  his  continuing
contributions as a director of the Company, and I personally look forward to his
counsel and insight as the founder of this  industry  for many years to come.  I
would  also  like to  thank  Andrew  and  Nate for  their  contributions  to our
shareholders and the Company. I wish them future success."

Howard  Schultz said, "I am very proud of the success we have achieved in making
PRG-Schultz an unmatched leader in our industry. With the successful integration
of our two  companies  essentially  complete,  this is a logical  time for me to
retire as  chairman.  There is no better group to lead  PRG-Schultz  through its
next phase of growth and  development  than John Cook,  Mark  Perlberg and their
management team. I will continue to  enthusiastically  support PRG-Schultz and I
intend to remain an active and involved member of the board and a shareholder in
the Company."

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 http://www.prgx.com .


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About Blum Capital Partners LP

Blum Capital Partners is a leading strategic block and private equity investment
firm with  approximately  $4.8  billion  of  equity  capital  under  management,
including affiliates. Blum Capital Partners was founded in 1975 and has invested
in a wide variety of businesses in partnership  with management  teams to create
long-term     value.     Additional     information     may    be    found    at
http://www.blumcapital.com .

About Berkshire Partners LLC

Berkshire  Partners is an active  investor in the private equity market managing
approximately  $3.5 billion of equity  capital.  Through its 18-year  investment
history,  Berkshire  has invested in over 70 companies  with a primary  focus on
building   solid,   growth-oriented   companies  in  conjunction   with  strong,
equity-incented  management  teams.  Berkshire invests in a number of industries
including  manufacturing,  retailing,  transportation,   telecommunications  and
business    services.     Additional     information    may    be    found    at
http://www.berkshirepartners.com .

SOURCE PRG-Schultz International, Inc.

CONTACT:

     Investors - Leslie H. Kratcoski, Investor Relations,
     +1-770-779-3099, or Media - Michelle B. Duncan, Corporate Communications,
     +1-770-779-3295, both of PRG-Schultz International, Inc.


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