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CareerBuilder.com and JobStreet.com Join Forces to Unite Companies and Job Hunters in the U.S., Asia and Asia Pacific

CHICAGO, July 1, 2003 - CareerBuilder.com, the smarter recruitment resource for finding better candidates and jobs in the U.S., and JobStreet.com, a leading Asian online recruitment company, announced a strategic partnership to bring more employment resources to companies and job seekers across the globe. CareerBuilder.com and JobStreet.com will place links to one another's Web sites on their home pages and sell job postings for one another's sites to their respective clients in the U.S., Singapore, India, Malaysia and the Philippines.

"Setting up operations in another country or looking for a position abroad is a challenging undertaking, especially if you don't have the right resources to support your efforts," said Matt Ferguson, chief operating officer for CareerBuilder.com. "CareerBuilder.com is continually growing its recruitment network to give companies and job seekers a diverse, far-reaching support structure. Our partnership with JobStreet.com strengthens this structure and provides more options for our target audiences."

CareerBuilder.com offers over seven million resumes and more than 400,000 job postings from 25,000 of the U.S.'s top employers. The company combines the power of online and print with the 130 newspapers of its partners Gannett Co., Tribune Company and Knight Ridder. Jobstreet.com has more than 10,000 multinational and regional companies as customers and has a subscriber base of nearly 2 million.

"We operate in a borderless world where talent and opportunities are no longer restricted by geographical constraints," said Mark Chang, chief executive officer of JobStreet.com. "Our vision has always been to build Asia's largest human capital bank - a place where companies can come to find the best talent to meet their employment needs whether locally or halfway around the world. We believe that this relationship with CareerBuilder.com will further cement JobStreet.com's position as the place Asia's job seekers go for the best employment opportunities."

CareerBuilder.com offers strategic online products such as the confidential Personal Search Agent that hunts for job opportunities in expressed areas of interest and automatically emails them to job seekers. CareerBuilder.com also gives job seekers the choice to search by industry, location and job type, and provides online career assessments, coaching for interviews and tips for salary negotiations. In addition, CareerBuilder.com offers easy job postings, online career fairs, a fresh resume database, and profiles of skilled and hourly workers.

JobStreet.com provides end-to-end solutions for job seekers and human resource professionals seeking to recruit quality candidates. Some of its products include LiNa job alerts, a job-matching and notification tool for job seekers, and SiVA, its award-winning recruitment management software which automates all recruitment activities for companies using the Internet. JobStreet.com also has a team of trained consultants who can perform initial pre-screening and interview functions. JobStreet.com's latest services include JobStreet IMPACT, a service to power corporate recruitment sites, and JobStreet CAMPUS, a service aimed at sourcing and placement for recent graduates.

About JobStreet.com
JobStreet.com is one of Asia's leading online recruitment companies and operates the popular career site, www.jobstreet.com, with over two million members. JobStreet.com has physical offices based in India, Singapore, Malaysia and Philippines and a customer base of over 10,000 corporations operating in Asia. In 2001, it won the 2000 Asia-Pacific Multimedia Super Corridor Information Technology & Telecommunications Awards for the Best Software Applications category for its ASP-based SiVA recruitment management application. At the @MY2000 and @MY2001 Malaysia Internet Awards, JobStreet.com was twice named the Internet Company of the Year. For more information about JobStreet.com please visit www.jobstreet.com.

About CareerBuilder.com
CareerBuilder.com is a leading online source for maximizing recruitment dollars and optimizing job searches with superior products, customer service and technology. With a unique combination of national, local and niche audiences, CareerBuilder.com makes it easy for recruiters to reach the most qualified candidates with industry-leading market research data and support. Job seekers can search for the right job from more than 400,000 continuously updated postings, representing more than 25,000 of the top employers in virtually every industry, field and location. Together with Gannett Co., Inc. (NYSE:GCI), Tribune Company (NYSE:TRB), and Knight Ridder, Inc. (NYSE:KRI), CareerBuilder.com includes the Web's top newspaper sites - the most trusted employment sources in recruiting. For more information about CareerBuilder.com products and services, call 888-670-TEAM or visit http://www.careerbuilder.com.

JobStreet.com Media Contact
Chong See Ming
011 603 2698 2000 ext 126
seeming@jobstreet.com

CareerBuilder Media Contact
For all media inquiries and interview requests, contact:

Jennifer Grasz
(P) 773-527-1164
(E) jennifer.grasz@careerbuilder.com