TMP Worldwide Announces Closing Of Follow-On Public Offering

February 2, 2000 – TMP Worldwide (NASDAQ: TMPW; ASX: TMP) announced today that it has closed its previously announced follow-on public offering of 4.0 million shares of common stock. The follow-on offering price was $154 5/8 per share. The net proceeds raised by the Company during the offering after deducting underwriting discounts, commissions and estimated offering expenses totaled $594.3 million. Proceeds will be used to repay bank indebtedness, and for strategic investments in Internet businesses and general corporate purposes, including working capital.

Morgan Stanley Dean Witter and Goldman, Sachs & Co. are joint book running managers of the offering. Salomon Smith Barney is co-lead manager and Deutsche Banc Alex. Brown, PaineWebber Incorporated and U.S. Bancorp Piper Jaffray are co-managers. The underwriters have an option to purchase up to 600,000 additional shares from the Company for the purpose of covering overallotments, if any.

TMP Worldwide Offering
A copy of the final prospectus relating to the offering may be obtained from Morgan Stanley Dean Witter, 1585 Broadway, New York, NY 10036, Goldman, Sachs & Co., 85 Broad Street, New York, NY 10004, Salomon Smith Barney, 390 Greenwich Street, New York, NY 10013, Deutsche Banc Alex.Brown, 101 California Street, San Francisco, CA 94111, Paine Webber Incorporated, 1285 Avenue of the Americas, New York, NY 10019 and U.S. Bancorp Piper Jaffray, 222 South 9th Street, Minneapolis, MN 55402.

About TMP Worldwide
Founded in 1967, TMP Worldwide, now with more than 6,400 employees in 25 countries, is the on-line recruitment leader, one of the world's largest recruitment advertising agency networks, and one of the world's largest search and selection agencies. TMP Worldwide, headquartered in New York, is also the world's largest yellow page advertising agency. The company's clients include more than 90 of the Fortune 100 and more than 450 of the Fortune 500 companies.

Special Note
This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any state.
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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