Monster Posts 35 Percent Revenue Drop

October 30, 2009 – Monster Worldwide, Inc./(NYSE:MWW) has posted revenues of $215 million for the third quarter ended September 30, 2009, compared with $332 million in the comparable quarter of 2008, a 35 percent decline. Monster Worldwide generated 42 percent of its revenue outside the U.S. and total revenue was negatively impacted by $7.4 million from unfavorable foreign exchange rates. Revenue was impacted by lower global demand for recruitment advertising services. Monster recorded earnings of $32.8 million, or 27 cents per share, compared with $42.8 million, or 35 cents per share a year earlier. “While the overall global recruitment market remains challenging, we have continued to move aggressively during the downturn to invest and innovate,” said Sal Iannuzzi, chairman, president and CEO. “We maintained strict financial discipline during the third quarter while preserving our financial strength. We will continue to make decisions based on the longer term benefit to our customers and shareholders and we are greatly encouraged by our progress.”

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