TMP Worldwide Announces a Secondary Offering of 4,000,000 Shares of Common Stock

NEW YORK--December 20, 1999 --TMP Worldwide (Nasdaq:TMPW; ASX: TMP) announced today that it has filed a registration statement with the Securities and Exchange Commission (SEC) for a proposed underwritten public offering of 4.0 million shares, all of which are being sold by the company.

Proceeds from the sale of shares by the company in the offering will be used to repay bank indebtedness and for general corporate purposes, including working capital. Morgan Stanley Dean Witter and Goldman, Sachs & Co. are joint book runners of the offering. Salomon Smith Barney will act as co-lead manager and Deutsche Banc Alex. Brown, PaineWebber Incorporated and US Bancorp Piper Jaffray are co-managers.

When available, a written prospectus relating to the offering may be obtained from Morgan Stanley Dean Witter, 1585 Broadway, New York, NY 10038.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. 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 such State.

About TMP Worldwide

Founded in 1967, TMP Worldwide, now with more than 7,000 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.

Monster.com (www.monster.com), the flagship product of the Interactive Division of TMP Worldwide is the Internet's leading career destination portal. The Monster.com network currently consists of websites in the United States, Canada, the United Kingdom, the Netherlands, Australia, Belgium, France, Singapore and New Zealand.

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.

-#-