EXHIBIT 99.1


       PRG-Schultz Board of Directors Approves Expense Restructuring Plan

ATLANTA--(BUSINESS WIRE)--Oct. 3, 2005--PRG-Schultz International, Inc. (Nasdaq:
PRGS - News),  today announced it has completed and begun  implementation of the
major expense restructuring plan previously announced on August 19 of this year.
Annualized savings from the restructuring  will be approximately  $42.2 million,
including  approximately  $4.5 million announced on August 19. Almost all of the
savings  will  come in the area of  Sales,  General  and  Administrative  (SG&A)
expense,  and only a small  percentage  of the  company's  auditor staff will be
directly impacted by the reductions.  The company expects that implementation of
the plan will result in  severance-related  and other  charges of  approximately
$8.5 million,  of which  approximately  $1.6 million will be accrued  during the
third quarter and the remainder during the fourth quarter. Most cash outlays for
severance costs will be paid out over future months.

"Implementation  of the plan  will  bring our  overhead  structure  into  better
alignment with both the nature and size of our business," said James B. McCurry,
President and Chief Executive Officer of PRG-Schultz. "Our new organization will
be more focused,  with shorter lines of communication  that permit us to be more
responsive to the needs of our clients and the demands of the marketplace."

The company expects to reduce Atlanta  corporate  headquarters SG&A headcount by
approximately 30%, or 71 people.  Worldwide headcount reductions will be 378, or
approximately  14% of the company's total  workforce.  Substantial  savings will
also come from areas other than headcount,  including travel and  travel-related
expenses  and fees for  professional  services  and  other  purchased  services.
Implementation  of the  restructuring is to begin  immediately,  and the Company
expects that  virtually all of the  reductions  will be  implemented  during the
fourth quarter of this year.





About PRG-Schultz International, Inc.

Headquartered in Atlanta,  PRG-Schultz International,  Inc. ("PRG") is the world
leader in recovery  auditing and a leading profit  improvement  firm,  providing
clients  throughout  the world with  insightful  value to optimize  and expertly
manage their business transactions.  Using proprietary software and expert audit
methodologies,  PRG industry  specialists  review  client  purchases and payment
information to identify and recover overpayments.


Forward Looking Statements

Statements  made in this news  release  that  look  forward  in time,  including
express and implied statements regarding the implementation of the restructuring
plan,  the  accrual  of  severance-related  and other  charges,  potential  cost
savings,  completion of the plan, and the Company's future performance,  involve
risks and uncertainties and are forward-looking statements within the meaning of
the  Private   Securities   Litigation  Reform  Act  of  1995.  Such  risks  and
uncertainties  include the  possibility  that charges and savings may be more or
less than  anticipated,  due, for example,  to unforeseen delays in implementing
the plan, the possibility that the plan cannot be successfully implemented,  the
possibility of  unanticipated  costs arising from the  termination of employment
arrangements  and other  contracts,  and the possibility that the Company may be
forced to  reevaluate  its  decision  to  terminate  certain  service and supply
contracts  and  arrangements  due to the  fluctuating  operational  needs of the
Company.  For a discussion  of other risk factors that may impact the  Company's
business,  please see our Securities and Exchange Commission filings,  including
the  Company's  Forms 10-K and 10-Qs  filed  with the  Securities  and  Exchange
Commission  on March 16,  2005,  May 10,  2005 and August 9, 2005.  The  Company
disclaims  any  obligation  or duty to update or  modify  these  forward-looking
statements.