TMP Worldwide Executive Search Announces Recent Appointment of Former Korn/Ferry Executive; Brad Holden Named Managing Partner of Chicago Office

NEW YORK, Sep 24, 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 recent appointment of Brad Holden, formerly of Korn/Ferry International, as Managing Partner of the Company's Executive Search Chicago office.

"I am delighted to welcome Brad to our team," said Michael Kelly, President, TMP Worldwide Executive Search, North America. "He is a well-known executive in the Chicago and global industrial markets, and has a demonstrated ability to build world-class teams, grow businesses, and maintain important client relationships."

Mr. Holden, 46, served as President of Korn/Ferry's Global Industrial Practice, which included Energy in Europe and Asia. Mr. Holden left Korn/Ferry in February of this year to focus on his own personal endeavors.

"I'm delighted about joining TMP Worldwide," said Holden. "I am particularly excited about the emphasis on providing clients with a complete solution to their human capital recruiting and retention needs. The ability to offer companies a full range of products and resources represents an exciting one-stop solution to global employers. I'm thrilled about taking these products and solutions to market."

Before Korn/Ferry, Holden served in Illinois industry and government. Earlier in his career, Mr. Holden served as the senior staff Assistant to the Attorney General under then Attorney General Ty Fahner; as a public affairs staff assistant for Container Corporation of America; and later as a senior issues manager to the Chairman of FMC Corporation.

Mr. Holden attended the University of Wisconsin - Madison for two years before graduating from Southern Illinois University, Carbondale, Illinois with a Bachelor's Degree in Political Science in 1978. Mr. Holden serves on the Board of Directors for both the Juvenile Protective Association, a century-old child welfare organization, and Gilda's Club - Chicago, a non-profit dedicated to counseling cancer patients, survivors, and their families.

About TMP Worldwide

Founded in 1967, TMP Worldwide Inc., with more than 8,500 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 & 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 490 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 44.9 million unique visits during the month of August 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, Germany, Ireland, Spain, Luxembourg, India, Italy, Sweden, Norway, Denmark, Switzerland, Finland and Scotland. 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:

TMP Worldwide Inc.
Caroline Lomot, 212/351-7247
caroline.lomot@tmp.com
David Rosa, 212/351-7067
david.rosa@tmp.com