Monster Worldwide Commences an Offering of 2.5 Million Shares of Common Stock

NEW YORK--(BUSINESS WIRE)--Jan. 5, 2004--Monster Worldwide, Inc. (NASDAQ:MNST), the parent company of the leading global online careers property, Monster(R), and the world's largest Yellow Pages and one of the world's largest Recruitment Advertising agencies, today announced it has commenced an offering of 2,500,000 shares of its common stock (plus an overallotment option of up to an additional 375,000 shares of its common stock). Morgan Stanley & Co. Incorporated is acting as the underwriter for the offering. Proceeds from the sale of shares by the Company in the offering will be used for general corporate purposes, including working capital, and a portion may be used to acquire or invest in complementary businesses.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. This offering is being made only be means of a prospectus. When available, a written prospectus relating to the offering may be obtained from Morgan Stanley, 1585 Broadway, New York, NY 10036.

About Monster Worldwide

Founded in 1967, Monster Worldwide, Inc. is the parent company of Monster(R), the leading global online careers property. The company also owns TMP Worldwide, the world's largest Yellow Pages and one of the world's largest Recruitment Advertising agencies. TMP Worldwide is also a provider of direct marketing services. Headquartered in New York with approximately 4,300 employees in 19 countries, Monster Worldwide (NASDAQ:MNST) is a member of the S&P 500 Index. More information about Monster Worldwide is available at www.monsterworldwide.com.

Special Note: 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 the Company's strategic direction, prospects and future results. Certain factors, including factors outside of our 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 we operate, risks associated with acquisitions, competition, seasonality and the other risks discussed in our Form 10-K and our other filings made with the Securities and Exchange Commission, which discussions are incorporated in this release by reference.

CONTACT: Monster Worldwide Investors: Robert Jones, 212-351-7032 robert.jones@monsterworldwide.com or Media: David Rosa, 212-351-7067 david.rosa@monsterworldwide.com

SOURCE: Monster Worldwide