EXL Service Holdings (EXLS) Co-Founders to Ring the NASDAQ Stock Market Closing Bell

Company Celebrates Listing


MEDIA ADVISORY, Oct. 20, 2006 (PRIMEZONE) --


 What:
 Mr. Vikram Talwar, CEO and Vice Chairman and Mr. Rohit Kapoor,
 President, CFO and Director of EXL Service Holdings (EXLS) will
 preside over the closing bell to celebrate its listing on the NASDAQ.

 Where:
 NASDAQ MarketSite - 4 Times Square - 43rd & Broadway - Broadcast Studio

 When:
 Friday October 20th, 2006 at 4:00 p.m. EDT

 Contacts:
 Mr. Jarrod Yahes
 Head of Investor Relations & Corporate Development Operations
 (212) 277-7109
 jarrod.yahes@exlservice.com

 Media Contact:
 Kerry Kelly-Guiliano
 Financial Dynamics
 (617) 877-8759
 Kerry.guiliano@fd.com

 NASDAQ MarketSite:
 Stephanie Lowenthal
 (646) 441-5220

Feed Information:

The closing bell is available from 3:50 p.m. to 4:05 p.m. on uplink IA-6 C-band/transponder 17. The downlink frequency is 4040 Vertical; Audio 6.2-6.8. The feed can also be found on Waterfront fiber 1623. If you have any questions, please contact Stephanie Lowenthal at (646) 441-5220.

Photos:

To obtain a hi-resolution photograph of the Market Close, please go to http://www.nasdaq.com/reference/marketsite_events.stm and click on the market close of your choice.

About EXL Service Holdings (EXLS):

EXL is a recognized provider of end-to-end offshore services to the Global 1000. The company provides a broad range of services including Business Process Outsourcing (BPO), research and analytics and advisory services. As an end-to-end offshore services company, EXL has carved a niche for itself with its seasoned management and operations team at the core. EXL is an organization that strives to build lasting relationships with its clients based on consistent high-quality service delivery, trust, and confidence that is unparalleled in the industry today. With more than 7,500 professionals spread across five operations centers, EXL specializes in providing offshore services to the Banking, Financial Services, Insurance, and Utilities industry verticals. EXL is headquartered at 350 Park Avenue, New York, NY.


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