Human Capital US Market

* Estimated

Source: Company filings, Newspaper Association of America, Salomon Smith Barney 2002 estimates

Note: All currency in US$

($ in Millions)

Online Recruitment Spending Holding Strong

2000

2001

2002

1999

Monster

CareerBuilder /

Headhunter

Everything Else

HotJobs / Yahoo!

$126

$455

$346

$348

24

81

110*

127

16

75

86*

94

371

443

470

419*

Total

$537

$972

$963

$1,119

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