TMP Worldwide Hires Two Top Executives to Join TMP Worldwide Executive Search Italy in European Leadership Roles

Leonardo Zaccheo, Former Director of PricewaterhouseCoopers' Energy Practice, to Become Managing Director Italian Operations;

Maurizia Iachino Leto di Priolo, Former VP Italy and Senior Partner at Spencer Stuart, Joins as Chairman of European Quality and Professional Policies Committee

NEW YORK--(BUSINESS WIRE)--March 20, 2001--TMP Worldwide Inc. (NASDAQ: TMPW), the world's leading supplier of human capital solutions, including the pre-eminent Internet career portal, Monster(R).com, today announced that TMP Worldwide Executive Search is reinforcing its presence in Italy and in Europe with the appointment of Leonardo Zaccheo as Managing Director Italy to lead this challenge: Mr. Zaccheo has consolidated international experience in industry and management consulting, and will bring a new vision and process to the European Executive Search operations. To reinforce TMP's leadership in the European Executive Search markets, Maurizia Iachino will take on responsibility for the Milan office, aiding the recruiters in their business development and search activities. Mr. Zaccheo and Ms. Iachino will be based in the Company's Milan office.

Steve Strain, Managing Director of TMP Worldwide Executive Search European Operations, said, "I am pleased to congratulate Leonardo and Maurizia on their prominent new leadership roles with TMP Worldwide. I am positive they will both have a significant impact on the quality of service we deliver to our clients in Italy and throughout Europe."

Mr. Zaccheo said, "Executive search has remained static in the last few years, whereas the competitive arena of our client companies has changed dramatically. New challenges tied to globalization, convergence between sectors that were once separate, pressure on on-time results, all require managerial competencies tailored for the New World." He continued, "TMP Worldwide, a leading Executive Search company of the second generation, represents a new entity, organized to truly support our clients' management in the evaluation, identification, motivation and retention of the best executive talent for these needs."

Mr. Zaccheo will also be responsible for the consolidation of the Energy and Telecommunications Practices in Italy, sectors in rapid growth both at the Italian and global levels. Prior to his association with TMP Worldwide Executive Search, Mr. Zaccheo worked with PricewaterhouseCoopers, where he was Director of the Energy Practice, and previously in large companies such as A.T. Kearney, GTE Telecommunications and Dalmine, the leading steel firm in Italy. He has a wide range of experience in the development and restructuring of corporate and operative companies, M&A, reorganization and management of the transition from old to new economy. Mr. Zaccheo earned a degree in Electronic Engineering at the Milan Polytechnic and an MBA at Bocconi University.

Ms. Iachino comes to TMP Worldwide Executive Search from Spencer Stuart in the newly formed European leadership role: Chairman of European Quality and Professional Policies Committee. She will oversee quality, client satisfaction and the identification of potential candidates' needs that will result in a strong partnership between clients and TMP Worldwide Executive Search Relationship Managers.

Commenting on her new appointment, Ms. Iachino, said, "What attracts me to TMP is the opportunity and challenge of working with clients and candidates in one continuous cycle with an innovative exchange of ideas. After all, that is what TMP delivers: Great people with great ideas!"

Prior to her association with TMP Worldwide, Ms. Iachino was Vice President Italy and Senior Partner with Spencer Stuart. Earlier in her executive search career, she was a Founding Partner in Athena, a leading recruiting and training consultancy firm in Italy. During her tenure with both firms, Ms. Iachino also served as a member of various international committees. She has developed innovative research projects and evaluation of managerial resources for the most important national and international companies. Ms. Iachino earned a degree in Philosophy and a Ph.D. in Psychology at the Medicine Faculty in Milan.

About TMP Worldwide

Founded in 1967, TMP Worldwide Inc., now with more than 9,500 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 and 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. More information about TMP Worldwide is available at www.tmp.com

Monster.com, headquartered in Maynard, Mass, the flagship brand of the Interactive Division of TMP Worldwide, is the leading global career portal on the Web, and recorded over 23.6 million unique visits during the month of February 2001 according to independent research conducted by I/PRO. Monster.com 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.com 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, India, France, Germany, Ireland, Spain and Luxembourg. More information about Monster.com is available at www.monster.com or by calling 1-800-MONSTER.

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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