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Monster Worldwide Statement on Progress of Malicious Software Investigation

NEW YORK--(BUSINESS WIRE)--Aug. 22, 2007--Monster Worldwide, Inc., (NASDAQ: MNST) is continuing to actively investigate and take measures to address the impact of the malicious software, called Infostealer.Monstres, on the Company's resume database.

Monster has identified and shut down a rogue server that was accessing seeker contact information through unauthorized use of compromised legitimate employer-client log-in credentials.

The information contained on this server was limited to names, addresses, phone numbers and email addresses. The Company is currently analyzing the number of job seeker contacts impacted by this action and will be communicating with those affected as appropriate.

Monster is in the process of reaching out to its entire employer population to mitigate any ongoing issues. In addition, Monster is placing a security alert on the Monster.com site. This information is located on its "Security Center" and is designed to let visitors know to be vigilant about any "phishing" email that appears to be from Monster. This information can be found at: http://help.monster.com/besafe/

Protecting our users from malicious activity is one of Monster's top priorities. Regrettably, opportunistic criminals are increasingly using the Internet for illegitimate purposes. This problem spans the Web, particularly impacting high profile, heavily trafficked websites that serve a variety of users on a global basis.

The Company is committed to utilizing all of its available resources to remedy the situation and to protect the data provided to us by job seekers. The Company values these relationships and the trust that employers and job seekers place in Monster. We will continue to share information and updates on this situation as available.

About Monster Worldwide

Monster Worldwide, Inc. (NASDAQ: MNST), parent company of Monster(R), 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.

CONTACT: Monster Worldwide, Inc.
Robert Jones, 212-351-7032
Kathryn Burns, 212-351-7063
Steve Sylven, 978-461-8503

SOURCE: Monster Worldwide, Inc.

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