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Business Description
TMP Worldwide Inc. is a recruitment advertising agency and executive search and selection agency. The Company also operates Monster (www.monster.com), an Internet-based global career management Website. Job seekers look to manage their careers through the Company by posting their resumes on Monster, by searching Monster's database of job postings, either directly or through the use of customized job search agents, and by utilizing its extensive career, continuing education and relocation resources. Employers and professional recruiters, who are TMP's clients, look to it to help them find the right employee at all levels, from an entry-level candidate to a chief executive officer (CEO). The Company is also a yellow pages advertising agency, and operates under six product lines, including Monster, Advertising & Communications, eResourcing, Executive Search, Directional Marketing and Monstermoving.com

Financial Information
TMP Worldwide Inc., provides advertising services, including development of content, media planning, market research, marketing and other services and products. For the six months ended 6/30/02, revenues decreased 24% to $581.8 million. Net loss before acctg. change totaled $69.4 million vs. an income of $25.5 million. Revenues reflect the effect of a slowing global economy on Interactive products. Net loss reflects $114.4 million business reorganization charges.