TMP Worldwide Appoints Technology Executive Pauli Overdorff as eResourcing Executive Vice President

Primary Focus on Providing Recruiting, Retention, and Consulting Services for IT Sector

NEW YORK, Jan 15, 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.com(R) and the world's largest Yellow Pages advertising agency, today announced the appointment of Pauli Overdorff as Executive Vice President eResourcing, North America.

Ms. Overdorff will be responsible for eResourcing's information technology and solutions practices, including IT Resources, People.com, IT Solutions and Learning Solutions. Her primary focus will be providing recruiting, retention and consulting services to the information technology sector, which currently represents the largest market component for eResourcing.

Ms. Overdorff brings extensive executive management experience to her new position. For two decades, she has successfully led the strategy, business development and P&L performance of several leading companies in financial services, information technology, and human capital management. Most recently as a principal of Alarian, she served as President of TheSquare.com in its conversion of a community website into a profit-driven, e-business enterprise. Prior to her engagement with TheSquare.com, she was President of Bla-Bla.com, an entertainment network of independent content properties.

"Pauli's expertise in information technology and human capital management will leverage eResourcing's continued growth," said J.P. Sakey, President of eResourcing, Americas. "Her capabilities align perfectly with our vision to be the premier Internet-based human capital management firm in the world."

Earlier, Ms. Overdorff served as Executive Vice President and Chief Operating Officer of INTERIM IT.com, an Internet-based division of Interim Services, Inc. (now Spherion Technology). Prior to that, she served as Interim's Eastern Regional Vice President for its $1 billion technology consulting division, where she quadrupled profitability. Before, Ms. Overdorff served as a Vice President in Bear Stearns & Co. Inc.'s Correspondent Clearing Division. She also served as a Senior Vice President of Payment Services and Managing Director of Financial Services for AGS Computers, a software and systems consulting company acquired by NYNEX. She earned a Bachelor of Arts degree from Mary Baldwin College and a MBA in Finance from Baruch College.

About TMP Worldwide

Founded in 1967, TMP Worldwide Inc., with more than 10,500 employees in 33 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 parent company of Monster.com, the leading global career portal on the Web, 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.

The eResourcing division of TMP Worldwide is a leading provider of global human capital solutions, with a comprehensive network of offices employing over 5,400 staff, across 32 countries. The division operates across all major industry sectors and also covers multiple disciplines with specialist teams in Accounting & Finance, Sales & Marketing, Legal, Human Resources, Learning & Development, Information Technology and Engineering. Additionally, eResourcing covers the Manufacturing, Consumer, Supply Chain, Energy & Utilities, Public Sector and Financial Services sectors. For more information please visit our website at www.eresourcing.tmp.com.

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:
TMP Worldwide
Jennifer Bernhart, 813/890-7379
jennifer.bernhart@tmp.com