29.11.2006 14:11:00

Monster and Bank of America Prepare Parents for College Financial Planning

Making It Count, provider of live, academic success presentations for students and parents, and subsidiary of Monster Worldwide, Inc. (NASDAQ: MNST), together with Bank of America, one of the world’s largest financial institutions, will present "Making College Financial Planning Count” seminars this school year to help parents prepare for – and manage costs associated with – their child’s college education. Now in its third year, the companies have enhanced the live seminars with a free online program, found at www.elearning.makingitcount.com. More than five-hundred "Making College Financial Planning Count” free, one-hour seminars will be conducted at high schools across the nation, reaching up to 30,000 parents through April of 2007. The seminar is designed to aid parents’ understanding of complexities associated with paying for college, including: Critical tips and deadline dates relative to the Free Application for Federal Student Aid (FAFSA) The various types of financial aid available, including scholarships, grants and loans Common myths related to financing a public versus private education How to send your child to college without risking your family’s financial future "Making College Financial Planning Count provides information worth potentially thousands of dollars of savings in college-related expenses,” said Istuan Nyeste, parent of college-bound student and program attendee. According to the College Board’s 2006 Trends in College Financing, the 35% inflation-adjusted increase in public college four-year tuition and fees between 2001-2002 and 2005-2006 is higher than any other five-year increase from 1976-77 to the present. "The rising costs of college, together with a confusing financial aid process can leave parents overwhelmed,” said J.R. Cifani, Vice-President and General Manager, Making It Count. "We aim to educate parents about financial aid, help them create their own college funding plan – and ultimately give them a sense of control over the college financing process.” Throughout the program, parents develop their own personal college funding strategy using the Making It Count College FundPath Worksheet™. The Worksheet helps parents develop a comprehensive plan to finance their student's education that includes allocations for grants, scholarships, state and federal aid, loans, and parental contribution. Parents can take the completed worksheet with them to college financial aid offices to discuss how they plan to fund their student's higher education. "College preparation is an exciting time, but can also be daunting if students and parents are not adequately prepared for its costs. Test-taking, drafting college applications, and waiting for acceptance letters can be just as stressful, if not more stressful as considering the costs associated with college,” said Tracy Grooms, Student Lending Executive, Bank of America. "This program educates parents on the college financial process and planning to help alleviate this unease and make their children’s dreams of higher education a reality.” More information about the free "Making College Financial Planning Count” seminars, including a list of locations for the live presentation, and the online e-learning presentation, can be found at: http://mcfc.makingitcount.com/. * College Board’s 2006 Trends in College Financing About Bank of America Bank of America is one of the world's largest financial institutions, serving individual consumers, small and middle market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk-management products and services. The company provides unmatched convenience in the United States, serving more than 55 million consumer and small business relationships with more than 5,700 retail banking offices, nearly 17,000 ATMs and award-winning online banking with more than 20 million active users. Bank of America is the No. 1 overall Small Business Administration (SBA) lender in the United States and the No. 1 SBA lender to minority-owned small businesses. The company serves clients in 175 countries and has relationships with 98 percent of the U.S. Fortune 500 companies and 80 percent of the Global Fortune 500. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange. www.bankofamerica.com About Making It Count Making It Count provides a nationally recognized series of live, in-school presentations that educate and motivate teens to excel in both personal and professional educational endeavors. Delivered by a roster of skilled presenters from a variety of backgrounds, including members of the U.S. Olympic Team, the corporate-sponsored programs reach more than 2.25 million students every year, and are hosted at over 4,500 high schools and 900 colleges nationwide. More information is available at http://www.makingitcount.com. About Monster Worldwide Founded in 1967, Monster Worldwide, Inc. is the parent company of Monster®, the leading global online careers and recruitment resource. Headquartered in New York with approximately 4,600 employees in 35 countries, Monster Worldwide (NASDAQ: MNST) is a member of the S&P 500 Index and Nasdaq 100. More information about Monster Worldwide is available at www.monsterworldwide.com. Special Note regarding above Monster statements: 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.

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