Monster Worldwide Names Alice Wang as Senior Vice President, Corporate Development

Monster Worldwide (NASDAQ: MNST), the parent company of Monster, the leading global online careers and recruitment resource, today announced the appointment of Alice Wang to the newly created position of Senior Vice President of Corporate Development. Ms. Wang comes to Monster after serving three years as vice president of corporate development and treasurer at Knight Ridder, where she was responsible for mergers and acquisitions, as well as treasury oversight. Most recently, she served as the executive team leader responsible for managing the $6.5 billion sale of Knight Ridder to McClatchy Co. announced in March of this year. In the newly created position, Ms. Wang will be responsible for identifying, evaluating and coordinating strategic partnerships, alliances and acquisitions for Monster Worldwide on a global scale. Ms. Wang will be based in the Company’s New York office and report directly to Chief Financial Officer Lanny Baker. "Alice brings a wealth of media industry and finance experience to this new function at Monster, and I am confident that Alice will further strengthen the analytical discipline inherent to Monster’s development efforts. We look forward to her strategic insights and future contributions in helping to form new partnerships and alliances, as well as execute prudent investments which will fuel Monster’s continued growth and expansion in North America, Europe and Asia,” said Lanny Baker, Chief Financial Officer of Monster Worldwide. Ms. Wang has more than 12 years of successful finance and development experience in corporate and investment banking environments. While at Knight Ridder, she successfully completed over 20 transactions in print and online media, and oversaw Knight Ridder’s strategy for acquisitions, investments and alliances. Prior to joining Knight Ridder, Ms. Wang was a Director in the Media and Telecommunications Group at Credit Suisse First Boston Corporation and Donaldson, Lufkin and Jenrette Securities Corporation, where she led teams in transaction execution and new business efforts on behalf of media and telecom clients. She also served as an analyst in the Mergers and Acquisitions Group of The Chase Manhattan Bank. Ms. Wang earned an MBA in finance and accounting from the Wharton School of the University of Pennsylvania and a BA in economics from Harvard University. About Monster Worldwide Monster Worldwide, Inc. (NASDAQ: MNST) parent company of Monster®, the premier global online employment solution for more than a decade, strives to bring people together to advance their lives. With a local presence in key markets in North America, Europe, and Asia, Monster works for everyone by connecting employers with quality job seekers at all levels and by providing personalized career advice to consumers globally. Through online media sites and services, Monster delivers vast, highly targeted audiences to advertisers. Monster Worldwide is a member of the S&P 500 Index and the Nasdaq 100. To learn more about Monster's industry-leading products and services, visit www.monster.com. More information about Monster Worldwide is available at www.monsterworldwide.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.