TMP Worldwide and WOWemployers, Inc. Issue Joint Announcement; TMP and Monster dismiss lawsuit

NEW YORK--(BUSINESS WIRE)--April 26, 2001--TMP Worldwide Inc. (NASDAQ: TMPW), along with WOWemployers, Inc., jointly announce that the plaintiffs have not found evidence that either WOWemployers, Inc., William Warren or any other WOWemployers' employees misappropriated any software or trade secrets of Monster.com. William Warren and other employees of WOWemployers, Inc. will continue to comply with their legal and contractual commitments to TMP Worldwide and Monster.com. TMP Worldwide and Monster.com have dismissed their lawsuit against WOWemployers, Inc., William Warren, and all individually named employees of WOWemployers, Inc.

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. 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 career portal on the Web, and recorded over 23.6 million unique visits during the month of February 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, India, Italy, and Luxembourg. More information about Monster.com is available at www.monster.com or by calling 1-800-MONSTER. 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.

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