Monster Records 37 Percent Revenue Decline

August 4, 2009 – Monster Worldwide, Inc./(NYSE:MWW) has posted revenues of $223 million for the second quarter ended June 30, 2009, compared with $354 million in the comparable quarter of 2008, a 37 percent decline. The company generated 42 percent of its revenue outside the U.S. and total revenue was negatively impacted by $16 million from unfavorable foreign exchange rates. North America generated revenue of $102 million compared with $164 million in the prior year period, a 38 percent decline. Monster recorded a net loss of $1.4 million, or a penny per share, for the quarter, compared to earnings of $30.8 million, or 25 cents per share, a year ago. “Despite the challenging operating environment, we continue to invest in product innovation, technology, new verticals, global reach and sales force expansion, while at the same time successfully reducing operating expense and lowering our cost basis,” said Sal Iannuzzi, chairman, president and CEO. “We are confident that these initiatives, combined with the powerful Monster brand and our strong balance sheet, will capture global marketshare and provide a solid base for future long term growth and profitability.”

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