Indiana Awards $2.8 Million Contract to Monster Government Solutions to Build a Statewide Online Job Search and Recruitment System

Business Wire, Feb 1, 2006

MCLEAN, Va. -- Monster Government Solutions, a subsidiary of Monster Worldwide (NASDAQ:MNST), announced today that it has been awarded a contract by the State of Indiana to build a statewide online job search and recruitment system. The multi-year contract, awarded by the Indiana Department of Workforce Development, is valued at $2.8 million.

The new system, to be built and managed by Monster Government Solutions, will provide job seekers a centralized location to view the many career opportunities available in Indiana. It will also provide employers seeking qualified employees with a suite of new tools to find candidates. Job seekers and firms will be able to utilize the core functions of the new system at no cost.

"We look forward to working with Monster as we bring to Indiana a long-overdue and fresh look to job-matching services, for both job seekers and employers alike," said Ron Stiver, Commissioner of the Indiana Department of Workforce Development. "Monster brings to the table new thinking and cutting-edge technology to help with 21st century job search requirements."

Monster Government Solutions plans to have the system for Indiana operational by late 2006. "We're excited to harness technology that represents the best in the private sector to not only help Indiana bring together employers and job seekers, but also help improve overall economic development for the state," said Phillip Bond, Senior Vice President of Government Affairs for Monster Worldwide and General Manager of Monster Government Solutions.

Monster Worldwide is also pleased to increase its presence as an employer in Indiana as a result of the contract, added Bond. Monster currently operates a regional office in Indianapolis employing more than 200 workers. The Indianapolis hub office serves the central United States and includes technical, creative, customer services and support staff.

About Monster Government Solutions

A wholly owned subsidiary of Monster Worldwide, Inc., Monster Government Solutions applies the proven expertise essential to solving the human capital challenges facing government agencies. Through our Performance Continuum(TM), we offer a host of solutions from planning and recruitment to assessment, staffing and hiring, including enterprise hiring management systems. Monster Government Solutions serves more than 100 government agencies and has offices in the Washington, D.C. and Boston metropolitan areas. More information about Monster Government Solutions is available at www.monstergovernmentsolutions.com.

About Monster Worldwide

Founded in 1967, Monster Worldwide, Inc. is the parent company of Monster(R), the leading global online careers and recruitment resource. The company also owns TMP Worldwide, one of the world's largest Recruitment Advertising agency networks. Headquartered in New York with approximately 4,800 employees in 26 countries, Monster Worldwide (NASDAQ: MNST) is a member of the S&P 500 Index and the NASDAQ-100 Index. More information about Monster Worldwide is available at www.monsterworldwide.com.

Monster(R) is the leading global online careers and recruitment resource. A division of Monster Worldwide, Monster was founded in 1994 and is headquartered in Maynard, Massachusetts, USA. Monster has 26 local language and content sites in 24 countries worldwide. Monster is known for connecting quality job seekers at all levels with leading employers across all industries and offers employers innovative technology and superior services that give them more control over the recruiting process. More information is available at www.monster.com or by calling 1-800-MONSTER. To learn more about Monster's industry-leading employer products and services, please visit http://recruiter.monster.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 Monster Worldwide, Inc.'s strategic direction, prospects and future results. Certain factors, including factors outside of Monster Worldwide's 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 Monster Worldwide operates, risks associated with acquisitions, competition, seasonality and the other risks discussed in Monster Worldwide's Form 10-K and other filings made with the Securities and Exchange Commission, which discussions are incorporated in this release by reference.