TMP Worldwide and HotJobs Receive Second Request from FTC

NEW YORK--(BUSINESS WIRE)--Aug. 13, 2001--TMP Worldwide Inc. (NASDAQ:TMPW) and HotJobs.com, Ltd. (NASDAQ:HOTJ) announced today that they each received a request for additional information from the Federal Trade Commission ("FTC") in connection with TMP's pending acquisition of HotJobs.

TMP and HotJobs will comply with the request for additional information promptly. The merger is subject to the expiration of the Hart-Scott-Rodino waiting period, the approval of HotJobs' shareholders, and other customary closing conditions, and is expected to close in the fourth quarter of 2001. TMP and HotJobs remain committed to working cooperatively with the FTC as it conducts its review of the merger.

The request for information was issued under notification requirements of the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended.

About TMP Worldwide

Founded in 1967, TMP Worldwide Inc., with more than 9,500 employees in 32 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

Monster.com, headquartered in Maynard, Mass., the flagship brand of the Interactive Division of TMP Worldwide, 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.

Special Note: This press release includes 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.

About HotJobs.com, Ltd.

HotJobs.com, Ltd. is a leading Internet recruiting solutions and software company that develops and provides companies with innovative recruiting solutions and services. HotJobs.com (http://www.hotjobs.com), the Company's popular consumer job board, provides a direct exchange of information between opportunity seekers and employers and includes features such as HOTBLOCK, which enables job seekers to block specific companies from searching their resumes. Over 8,000 companies subscribe to the HotJobs.com online employment exchange. HotJobs also provides employers with progressive recruiting solutions such as its Resumix and Softshoe hiring management software, Career Expos and the Agency Desktop, which provides a direct, business-to-business exchange between corporate hiring managers and staffing agencies.

"Safe Harbor" Statement Under The Private Securities Litigation Reform Act: Statements in HotJobs.com's release that are not strictly historical are "forward-looking" statements which are subject to the many risks and uncertainties that exist in the Company's operations and business environment that may cause actual results, performance or achievements of the Company to be materially different from those expected or anticipated in the forward-looking statements. These risks and uncertainties include, but are not limited to, the Company's limited operating history, risks associated with the integration of Resumix, business and economic conditions, risks associated with the failure to successfully introduce new or enhanced products or services, history of losses and anticipation of continued losses, potential volatility of quarterly operating results, the ability to successfully implement the Company's expansion plans, risks related to the Internet, risks related to the timing and cost of the consummation of its transaction with TMP Worldwide, as well as the risk of non-consummation, risks related to legal uncertainty and other risks which are set forth in more detail in the Company's most recent Annual Report on Form 10-Q filed with the Securities and Exchange Commission on May 15, 2001, as well as other reports and documents filed from time to time with the Securities and Exchange Commission. The forward-looking statements included in this press release reflects the beliefs of the Company's management on the date of this release, and the Company undertakes no obligation to update the forward-looking statements in this release to reflect events or circumstances occurring after the date of this release.