Monster.com Introduces ChiefMonster, Exclusive Careers Marketplace For Senior-Level Executives

Responds to Executives' Desire for Convenient Access to Comprehensive Collection of Executive Jobs

MAYNARD, Mass.--(BUSINESS WIRE)--Sept. 12, 2000-- Monster(R).com, the leading global online careers site and flagship brand of TMP Worldwide (NASDAQ: "TMPW"; ASX: "TMP"), today announced the launch of ChiefMonsterSM (www.chiefmonster.com), the definitive career strategy resource for today's senior executive. An exclusive marketplace within Monster.com, ChiefMonster allows pre-screened senior-level executives (VP-level and above) to explore a comprehensive selection of high-quality senior-level opportunities available from corporations, executive search and venture capital firms, and incubators. The service also provides real-time benchmarking and personalized career management tools and expert advice.

With ChiefMonster, executives have instant access to senior-level positions at industry-leading companies, from Internet start-ups to Fortune 500 companies. Candidates can search for opportunities across a wide range of industries - from finance and consulting to technology

• by location, category and compensation level. They can also research publicly traded companies, including business and executive profiles, real-time news and stock information and executive summaries of articles.

"With the demand for qualified talent at an all-time high and unemployment at a 30-year low, the war for talent across America is raging," said Jeff Taylor, CEO of Monster.com. "ChiefMonster makes sense for anyone looking to fill senior-level positions - it's fast, direct, and the candidates are pre-screened through a proprietary qualification process. We believe it gives employers a competitive edge by significantly cutting the time it takes to find and hire great talent."

For the Executive Candidate

A quick pre-qualification process enables executives to determine within 5-10 minutes whether they meet the requirements for free membership and receive instantaneous benchmarking against their peers. Once a successful qualification is complete, users can build a robust, online profile, search opportunities and take advantage of uniquely targeted career strategy content pertaining to the latest industry and salary trends. They can also get information and advice from industry experts about negotiation, career transition, private equity, compensation and HR and work/life issues, and view a list of executive recruiters in their area.

For the Employer

ChiefMonster's sophisticated qualification process and invitation-only membership affords employers immediate access to top-quality, pre-screened talent.

Posting opportunities on ChiefMonster streamlines the advertising process, shortens the hiring cycle and reduces the expenses associated with recruitment.

Steve Potter, CEO of TMP Worldwide Executive Search, said, "A significant portion of our business in searches with compensation levels between $200,000 and $250,000 are already migrating online. The Internet provides an efficient way to conduct and manage searches at this level. With ChiefMonster, Monster.com will change the way executives and opportunities connect."

Monster.com's Study by KRC Research & Consulting

A recent Monster.com study of 100 executives by KRC Research & Consulting revealed that executives value detailed job descriptions (including company information and salary specifications) most when conducting job searches (44 percent), followed by quality job leads (35 percent) - both more easily delivered.

Overall, respondents were equally satisfied with their experiences using either an executive recruiter and/or an online career site. However, 45 percent viewed career sites as more convenient. Forty three percent were not concerned with privacy issues or the amount of time required to conduct an online search. Among those who used both an online career site and an executive recruiter, satisfaction with the online experience was slightly higher. When asked to speculate how they might conduct job searches in the future, nearly half (49 percent) said they would be likely to use an online career site.

Survey Methodology

Monster.com developed the executive survey in conjunction with third-party researcher KRC Research of New York. Participants in the nationwide telephone survey included 100 senior executives. Interviews were segmented between C-level executives (55) and vice presidents (45). In order to qualify, all respondents had to have access to and use the Internet at home or at work for purposes other than e-mail on a regular basis.

About Monster.com

Monster.com, headquartered in Maynard, Mass., is the leading global careers Web site, recording over 15.3 million unique visits during the month of July 2000 according to independent research conducted by I/PRO. Monster.com connects the most progressive companies with the most qualified career-minded individuals, offering innovative technology and superior services that give them more control over the recruiting process. The Monster.com global network consists of local content and language sites in the United States, United Kingdom, Australia, Canada, the Netherlands, Belgium, New Zealand, Singapore, Hong Kong, France, Germany and Ireland. More information about Monster.com is available at www.monster.com or by calling 1-800-MONSTER. Monster.com is the flagship brand of the Interactive Division of TMP Worldwide Inc. (NASDAQ: "TMPW"; ASX: "TMP").

About TMP Worldwide

Founded in 1967, TMP Worldwide Inc., now with more than 8,200 employees in 29 countries, is the online recruitment leader, the world's largest recruitment advertising agency network, and one of the world's largest search and selection agencies. TMP Worldwide Inc., headquartered in New York, is also the world's largest Yellow Pages advertising agency and a provider of direct marketing services. The company's clients include more than 90 of the Fortune 100 and more than 480 of the Fortune 500 companies.

Special Note:

The above statements include forward-looking statements based on current management expectations. Factors that could cause future results to differ from these expectations include the following: risks associated with acquisitions, competition and seasonality. Additional factors are described in TMP Worldwide's reports filed with the Securities and Exchange Commission.

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