TMP Worldwide Announces Change in Leadership for Global Recruitment Businesses and Executive Search Division

New York, NY – December 20, 1999 - TMP Worldwide Inc. (NASDAQ: TMPW; ASX: TMP), the leading provider of global recruitment solutions including the dominant Internet career portal, Monster.com and the world's largest yellow pages advertising agency announced today a change in leadership for its global recruitment businesses and the Executive Search Division.

Michael Squires is appointed to a new position to coordinate executive search, selection, recruitment advertising, and Internet-based services in the ongoing development of TMP Worldwide's European businesses. Steve Potter will become Chief Executive Officer for the Executive Search Division and will continue to manage the North American operations. Andrea Wine will remain Managing Director European Operations and John Mclaughlin Managing Director Asia Pacific Operations reporting to Potter.

Andrew J. McKelvey, Chairman and CEO of TMP Worldwide commented, "Michael's new responsibility is of paramount importance and offers him a unique position in our senior management structure, which is underscored by TMP Worldwide's ability to synergistically present and deliver a suite of Global Career Solutions." He continued, "As the only company that can offer a full Career Continuum of Services across four global recruitment businesses, TMP will now draw upon Squire's breadth of global experience to further develop both pan-European and global accounts."

Underscoring TMP Worldwide's commitment to the Executive Search Division, McKelvey commented on its new CEO "Certainly 1999 has been a year of transition for the Company as we entered into the executive search arena, and I am more than pleased with our progress." McKelvey continued, "By appointing Steve to this extremely tactical and visible position, we are structuring the Division to be the best in the business. His proven ability to execute and deliver results are known on the Street, now he will prove it to our clients across the many industry sectors we serve."

Most recently, Potter founded Highland Search Group, L.L.C., a premier executive search boutique specializing in financial services that was acquired by TMP Worldwide in August 1999. Before forming Highland Search Group, Steve Potter ran Russell Reynolds Associates' Asian business from 1992-1994 and also headed their global banking and merchant banking practices.

About TMP Worldwide

Founded in 1967, TMP Worldwide, now with more than 7,000 employees in 25 countries, is the on-line recruitment leader, the world's largest recruitment advertising agency network, and one of the world's largest search and 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 450 of the Fortune 500 companies.

Monster.com (www.monster.com), the flagship product of the Interactive Division of TMP Worldwide, is the leading, global on-line network for careers, connecting the most progressive companies with the most qualified career-minded individuals. Monster.com is committed to leading the market by offering innovative technology and superior services that give consumers and businesses more control over the recruiting process. The Monster.com network currently consists of web sites in the United States, Canada, the United Kingdom, the Netherlands, Australia, Belgium, France, Singapore and New Zealand. More information about Monster.com is available at www.monster.com or by calling 1-800-MONSTER.

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