Monster Worldwide Announces Formation of Monster Advisory Council to Provide Insight and Public Policy Guidance on Human Capital Issues

NEW YORK, Mar 02, 2006 (BUSINESS WIRE) -- Monster Worldwide, Inc. (NASDAQ:MNST), parent company of Monster(R), the leading global online careers and recruitment resource, today announced the formation of the Monster Advisory Council. The council brings together a panel of industry, government and education thought leaders to advise Monster Worldwide on human capital issues in public policy.

The council, which will meet semi-annually, is being co-chaired by the Hon. Alexis Herman, former secretary of the U.S. Department of Labor, and the Hon. Jack Kemp, former U.S. vice presidential candidate and former Secretary of Housing and Urban Development who also served as member of the U.S. House of Representatives representing Western New York.

Other members of the council include:

-- The Hon. Anthony Principi, former secretary of the U.S. Department of Veterans Affairs;

-- Admiral Vern Clark, who retired in 2005 as Chief of Naval Operations of the U.S. Navy;

-- The Hon. J.C. Watts, Chairman of the J.C. Watts Companies and a former Member of Congress representing Oklahoma;

-- The Hon. Cal Dooley, president and chief executive officer of the Food Products Association and former member of the U.S. House of Representatives representing California;

-- Molly Corbett Broad, recently retired president of the University of North Carolina system;

-- Michael R. Losey, President MikeLosey.com and past president and CEO of the Society for Human Resource Management.

-- Danny Villanueva, managing partner of the R.C. Fontis Partners and former broadcast television executive with Spanish International Communications Corporation; and

-- Christopher Yukins, associate professor of government contracts law and co-director of the government procurement law program at the George Washington University.

"Monster Worldwide is honored to have this group of nationally renowned leaders provide our company with a variety of insights and public policy guidance that will benefit our overall performance as well as help shape the services we provide to state and federal governments," said Andrew J. McKelvey, Chairman and CEO of Monster Worldwide.

The development of the Monster Advisory Council was spearheaded by Phillip Bond, senior vice president of government relations for Monster Worldwide and former Undersecretary of Commerce for Technology at the U.S. Department of Commerce.

"These extraordinary people understand how to succeed in today's global economy," said Bond. "Their combined understanding of public policy, education, diversity and global economic growth will be a unique asset to Monster's plans to serve growing markets around the globe."

About Monster Worldwide

Founded in 1967, Monster Worldwide, Inc. is the parent company of Monster(R), the leading global online careers and recruitment resource. The company also owns TMP Worldwide, one of the world's largest Recruitment Advertising agency networks. Headquartered in New York with approximately 4,600 employees in 25 countries, Monster Worldwide (NASDAQ: MNST) is a member of the S&P 500 Index and the NASDAQ-100 Index. More information about Monster Worldwide is available at www.monsterworldwide.com.

Monster(R) is the leading global online careers and recruitment resource. A division of Monster Worldwide, Monster was founded in 1994 and is headquartered in Maynard, Massachusetts, USA. Monster has 26 local language and content sites in 24 countries worldwide. Monster is known for connecting quality job seekers at all levels with leading employers across all industries and offers employers innovative technology and superior services that give them more control over the recruiting process. More information is available at www.monster.com or by calling 1-800-MONSTER. To learn more about Monster's industry-leading employer products and services, please visit http://recruiter.monster.com.

Special Note: Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the statements made in this release constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve certain risks and uncertainties, including statements regarding Monster Worldwide, Inc.'s strategic direction, prospects and future results. Certain factors, including factors outside of Monster Worldwide's control, may cause actual results to differ materially from those contained in the forward- looking statements, including economic and other conditions in the markets in which Monster Worldwide operates, risks associated with acquisitions, competition, seasonality and the other risks discussed in Monster Worldwide's Form 10-K and other filings made with the Securities and Exchange Commission, which discussions are incorporated in this release by reference.

SOURCE: Monster Worldwide, Inc.