Sun-Times News Group and Monster Form Strategic Job Search and Recruitment Services Alliance; Launch Co-Branded Career Sites

The Sun-Times News Group, the premier source of local news and information for the greater Chicago area and principal operating subsidiary of Sun-Times Media Group, Inc. (OTCBB:SUTM), and Monster®, the leading global online career and recruitment resource and flagship brand of Monster Worldwide, Inc. (NYSE: MWW), today announced a strategic alliance and launch of co-branded Web sites to offer combined online and print services via the Chicago Sun-Times (www.suntimes.com/monster) and 70 other newspaper titles to the greater Chicago area and Northwest Indiana. The Web sites combine the service, convenience and local audience of the Sun-Times News Group’s expansive reach with the powerful tools and career resources of Monster to create a tremendous opportunity to match great companies with the most qualified candidates.

In addition to the introduction of a co-branded job search and recruitment Web site with the Chicago Sun-Times, the companies will also launch co-branded sites with the Sun-Times News Group’s 70 suburban publications, which include The SouthtownStar, Post-Tribune, The Herald News, The Beacon News, The Courier News, The Naperville Sun, Lake County News-Sun and The Pioneer Press. The co-branded site will reach an audience of more than three million unique visitors a month, according to Nielsen/NetRatings NetView, November 2008. The Sun-Times News Group newspapers and Web sites combined reach more than four million readers weekly in print and online.

“The strategic alliance between the Sun-Times News Group and Monster creates a vast opportunity to provide local Chicagoan job seekers and employers with powerful recruitment solutions that will enable the best matches,” said Lauren Chacón, vice president and general manager of media alliances, Monster. “This alliance underscores Monster’s commitment to forging new and localized avenues to further connect job seekers and employers, and we look forward to working with the Sun-Times News Group. By providing consumers with another point of access to Monster’s job search and career tools, we are furthering our position as the leading global recruitment and career improvement resource.”

“The Sun-Times News Group is pleased to form a partnership with Monster, the world’s leader in recruitment advertising. This partnership combines the most local jobs in the Chicago area with the dominant national career site,” said Barbara Swanson, group vice president, advertising and marketing, for the Sun-Times News Group. “This powerful alliance will make it easier for Chicago area and Northwest Indiana job seekers to find the best positions out there and our advertisers will benefit from the greater number of job seekers who will see and respond to their job ads.”

Through the Monster/Sun-Times News Group alliance, audiences reached by these respective outlets will get a comprehensive online career search and management solution with a Chicago-area focus and industry-leading search and match technology. Chicago-area job seekers will be able to find local job ads a number of ways, including through links on individual newspaper Web sites and the searchchicago.com and Monster.com portals. In addition, an array of award-winning expert career advice will be available to consumers, regardless of whether they are currently looking for a new job or not. A resume builder, a salary information center, and a portfolio of other tools will also be accessible.

Employers will benefit from the easy availability of a more comprehensive recruitment solution that utilizes print and online advertising components as well as access to Monster’s resume database.

Monster’s media alliances now include more than 250 newspapers and over 100 television outlets.

About Monster Worldwide

Monster Worldwide, Inc. (NYSE: MWW), parent company of Monster(R), the premier global online employment solution for more than a decade, strives to inspire people to improve their lives. With a local presence in key markets in North America, Europe, Asia and Latin America, 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. To learn more about Monster's industry-leading products and services, visit www.monster.com.

About Sun-Times Media Group

Sun-Times Media Group, Inc. is dedicated to being the premier source of local news and information for the greater Chicago area. Its media properties include the Chicago Sun-Times and Suntimes.com as well as newspapers and Web sites serving more than 200 communities across Chicago. Further information can be found at www.thesuntimesgroup.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.

Cautionary Statement on Forward-Looking Statements

Certain statements made in this release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate or imply future results, performance or achievements, and may contain the words "believe," "anticipate," "expect," "estimate," "project," "will be," "will continue," "will likely result," "plan," or similar words or phrases. Forward-looking statements involve risks and uncertainties, which may cause actual results to differ materially from the forward-looking statements. The risks and uncertainties are detailed from time to time in reports filed by Sun-Times Media Group with the Securities and Exchange Commission, including in its Forms 10-K and 10-Q. New risk factors emerge from time to time and it is not possible for management to predict all such risk factors, nor can it assess the impact of all such risk factors on the Company's business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Given these risks and uncertainties, investors should not place undue reliance on forward-looking statements as a prediction of actual results.