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Published on 4/24/2009 in the Prospect News Special Situations Daily.

Hewitt investor General Atlantic sells more than 1 million shares

By Lisa Kerner

Charlotte, N.C., April 24 - General Atlantic LLC reported beneficial ownership of 8,472,588 shares of Hewitt Associates, Inc. in a schedule 13D/A file on Friday with the Securities and Exchange Commission.

The investor sold 1,051,744 shares between March 31 and April 24 priced from $30.00 to $30.11 each, the filing said.

General Atlantic has a 9% stake in the Lincolnshire, Ill., human resources outsourcing and consulting services company.


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