Monster.com to Provide Global Online Recruiting Solutions for Ernst & Young

MAYNARD, Mass., Aug 21, 2001 (BUSINESS WIRE) -- Monster.com(R), the leading global online careers site and flagship brand of TMP Worldwide Inc. (NASDAQ: TMPW), today announced that Ernst & Young, one of the world's largest professional services firms, has entered into a partnership for an innovative package of global online recruiting solutions. The relationship includes job postings, company profiles, and access to Monster.com's resume database for Ernst & Young's human resources professionals in ten countries around the world, namely the United States, United Kingdom, Australia, Canada, Netherlands, Belgium, France, Germany, Spain and Italy. This recruiting package will help Ernst & Young find the most qualified professionals and bring their job postings to the seven million unique Monster.com users.

"Ernst & Young recognizes how truly important the Internet has become in finding the best and brightest professionals from around the world," said James L. Freer, Ernst & Young's vice chairman of human resources, Americas. "The ability to post jobs in ten countries and access Monster.com's comprehensive resume database will be an enormous asset for Ernst & Young, as hiring top-notch talent remains a number one priority for the firm."

"We are excited to be working with Ernst & Young, a leader in the professional services industry, on their recruiting needs. With Monster.com now in 21 countries, Ernst & Young will benefit from our extensive suite of products and services on a global scale," said Steve Pogorzelski, Group President - Sales, Marketing and Customer Relations, Monster.com. "During a time when having talented employees is an important element of a company's ingredients for success, Monster.com will be instrumental in helping Ernst & Young find those qualified candidates faster, easier, and more cost effectively."

About Monster.com

Monster.com, headquartered in Maynard, Mass., is the leading global careers website, recording over 26.7 million unique visits during the month of July 2001 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, Ireland, Spain, Luxembourg, India, Italy, Sweden, Norway, Denmark, Switzerland, and Finland. More information about Monster.com is available at www.monster.com or by calling 1-800-MONSTER.

About TMP Worldwide

Founded in 1967, TMP Worldwide Inc., with more than 10,500 employees in 34 countries, is the online recruitment leader, the world's largest Recruitment Advertising agency network, and one of the world's largest Executive Search and Executive Selection agencies. TMP Worldwide, 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. In June 2001, TMP Worldwide was added to the S&P 500 Index. More information about TMP Worldwide is available at www.tmp.com.

About Ernst & Young

Ernst & Young, a global leader in professional services, helps clients to quickly and confidently make business and financial decisions designed to enhance value. With 80,000 people in more than 130 countries, Ernst & Young offers traditional audit and tax services, as well as customized services in corporate finance, online security, risk management and the valuation of intangibles. In addition, legal services are available in various parts of the world where permitted. A collection of Ernst & Young's views on a variety of business issues can be found at www.ey.com.

Ernst & Young refers to the U.S. firm of Ernst & Young LLP and other members of the global Ernst & Young organization.

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 the company's reports filed with the Securities and Exchange Commission.

CONTACT:
Monster.com
Kevin Mullins
978-461-8751
kevin.mullins@monster.com
or
Ernst & Young
Catherine Svoboda
212-773-3517
catherine.svoboda@ey.com