TMP Worldwide Announces New Senior Management at Advertising & Communications Division, Americas

-- Michelle Abbey Appointed President and Derek Irwin Named Chief Financial Officer --

NEW YORK, Mar 25, 2002 (BUSINESS WIRE) -- TMP Worldwide Inc. (NASDAQ: TMPW), the world's leading supplier of human capital solutions, including the pre-eminent Internet career portal Monster(R), today announced the appointment of Michelle Abbey as President, Advertising & Communications, Americas.

A 20-year veteran of TMP Worldwide, Ms. Abbey formerly served as Senior Vice President, Global Interactive Product Manager. She now assumes overall management and operational responsibility for the Advertising & Communications division across the entire Americas region (U.S., Canada and Latin America) and will report directly to recently appointed Group President Americas, John Mclaughlin.

The company also announced the appointment of Derek Irwin as Chief Financial Officer, Advertising & Communications, Americas. Formerly CFO of the company's Executive Search and eResourcing divisions in the Americas, Mr. Irwin replaces current Advertising & Communications CFO Nigel Crouch, who is taking on a new role in the controller office of TMP Worldwide. Lastly, the company announced that Advertising & Communications President Kevin Johnson is exploring other opportunities.

"Advertising & Communications is a vital part of our portfolio of services and this new senior management team will ensure that the division continues to leverage the efficiencies of interactive solutions that form the core of our broader business strategy," said Mclaughlin. "Having spent her entire career at TMP Worldwide, Michelle has tremendous depth of knowledge about the recruitment industry as well as proven expertise in delivering global interactive solutions for clients. Her experience in driving interactive revenue through the company, and strong organizational skills make Michelle ideally suited to lead our Advertising & Communications division in its continued migration to the Web."

"Similarly, there is no one I'd rather have assisting her in this effort than Derek, who brings to his new role more than 14 years of financial, accounting and budgeting experience," added Mclaughlin. "With extensive global financial expertise and a track record of maximizing organizational efficiencies, he is clearly the ideal partner to help Michelle take the division to a new level of success."

Ms. Abbey's career at TMP Worldwide has extended across divisions and around the globe. Most recently, she oversaw the Global Interactive Product Development team in creating new products and services and establishing an open communications channel among Account Services, the Interactive Team and the New Business Department.

Prior to this, Ms. Abbey pioneered several initiatives at TMP Worldwide's Advertising & Communications division. These included setting up the Interactive Services Department for North America and Europe, developing the Creative Services Department for the Recruitment division, and successfully integrating seven acquisitions into one unified interactive, marketing and creative group. She also managed TMP's 75-person Centralized Art Production Department and worked in business support and development for the formerly known Yellow Pages division. Ms. Abbey earned a BS Degree from SUNY Brockport.

Prior to Mr. Irwin's most recent position as CFO of TMP Worldwide Executive Search, he served as Vice President, Finance for the American League of Professional Baseball Clubs where he was responsible for developing budgets and financial reports, implementing cost reduction programs, negotiating contracts, increasing licensing revenue and assisting ownership in the development and implementation of numerous revenue enhancing programs. Previously, Mr. Irwin served at international professional services firm Ernst & Young. He earned a BS in Accounting from Lehigh University and has been a Certified Public Accountant in New York since 1991.

About TMP Worldwide

Founded in 1967, TMP Worldwide Inc., with more than 11,000 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 & 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, headquartered in Maynard, Mass., is the leading global careers website, recording over 38.8 million unique visits during the month of February 2002 according to independent research conducted by I/PRO. Monster 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 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, Scotland, Germany, Ireland, Spain, Luxembourg, India, Italy, Sweden, Norway, Denmark, Switzerland, and Finland. Monster is the official online career management services sponsor of the 2002 Olympic Winter Games and 2002 and 2004 U.S. Olympic Teams. More information about Monster is available at www.monster.com or by calling 1-800-MONSTER.

Special Note: Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the statements made in this release constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve certain risks and uncertainties, including statements regarding the company's strategic direction, prospects and future results. Certain factors, including factors outside of our control, may cause actual results to differ materially from those contained in the forward- looking statements, including economic and other conditions in the markets in which we operate, risks associated with acquisitions, competition, seasonality and the other risks discussed in our Form 10-K and our other filings made with the Securities and Exchange Commission, which discussions are incorporated in this release by reference.

CONTACT:
Weber Shandwick Worldwide
Christian Harper, 212/445-8135
Charper@webershandwick.com
or
TMP Worldwide
David Rosa, 212/351-7067
david.rosa@tmp.com