ANNUAL GENERAL MEETING AND EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS

ANNUAL GENERAL MEETING AND EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS

Transcom WorldWide S.A., the global outsourced services company, today announced
that the Company's Annual General Meeting (AGM) and Extraordinary General
Meeting (EGM) held today voted to support all of the resolutions. 

The AGM re-elected James Beers, Mia Brunell Livfors, Roel Louwhoff, Cristina
Stenbeck and William Walker and elected Sandra Frimann-Clausen and Torun Litzén
as Directors of the Board. The AGM further re-elected William Walker as Chairman
of the Board of Directors. 

The AGM resolved in accordance with the proposal from the Board of Directors on
the 2 May 2008 to distribute an ordinary dividend of €10 million and an
extraordinary dividend of €5 million to Transcom's shareholders, equivalent of a
total dividend of €0.205 per share. In accordance with the Company's articles of
association the first 2% of the dividend will be paid to Class B shareholders.
Holders of the Class A share will therefore receive a dividend of €0.201 per
share and Class B shareholders will receive a dividend of €0.209 per share. The
record date for the dividend is to be Monday 2 June 2008 and it is expected that
the dividend will be distributed by VPC on 5 June 2008.

The AGM also resolved to: 

•	The AGM also approved the proposed Stock Repurchase Plan authorising the Board
of Directors of Transcom, with the option to delegate, to acquire and dispose of
the Transcom's Class A voting shares and Class B non-voting shares. The maximum
aggregate number of share authorised to be purchased is up to 3,658,004 Class A
shares and 3,657,715 Class B shares respectively but such numbers being capped
to 10% of the issued and outstanding share capital as of the date of the AGM, as
outlined in the AGM/EGM Convening Notice published on 9 May 2008

•	Approve  the fees for the members of the Board of Directors of Transcom for
the period until the end of the 2009 AGM be a total of EUR 364,500 in accordance
with the proposal submitted in the AGM/EGM Convening Notice 

•	Approve the following procedure of preparation of the election of the Board of
Directors and auditor. The work of preparing a proposal on the directors of the
Board and auditor, in the case that an auditor should be elected, and their
remuneration as well as the proposal of the Chairman of the 2009 AGM shall be
performed by a consultation with the largest shareholder of Transcom at that
time. The Nomination Committee will be formed during September 2008 in
consultation with the largest shareholders of Transcom

•	Re-elect Ernst & Young S.A. as auditors to the Company for the term ending at
the 2009 AGM

The Extraordinary General Meeting (EGM) following the AGM resolved to transfer
the registered office of Transcom, with effect as of the date of this EGM, from
177, rue de Luxembourg, L-8077 Bertrange, Grand Duchy of Luxembourg to 45, rue
des Scillas, L-2529 Luxembourg, Grand Duchy of Luxembourg. The EGM also voted in
favour of several amendments to the articles of association of Transcom. For
details of the amendments of the articles, please refer to the EGM part of the
AGM/EGM Convening Notice published on 9 May 2008 available on our website.
At a statutory meeting of the Board of Directors following the AGM, the Board
decided that the Audit Committee be comprised of James Beers, Sandra
Frimann-Clausen, Torun Litzén and Roel Louwhoff. James Beers was elected
Chairman of the Audit Committee. The Board also decided that the Remuneration
Committee to be comprised of Mia Brunell Livfors, Cristina Stenbeck and William
Walker. William Walker was elected Chairman of the Remuneration Committee. 

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For further information please contact: 

Transcom WorldWide SA
Keith Russell, President & CEO
T: +352 27 755 000

Noah Schwartz, Investor & Press Relations
T: +44 (0)20 7321 5010
E: transcom@sharedvalue.net

About Transcom
Transcom WorldWide S.A. is a rapidly expanding Customer Relationship Management
(CRM) solution provider, with 72 sites delivering services from 29 countries -
Austria, Belgium, Canada, Chile, Croatia, Czech Republic, Denmark, Estonia,
France, Germany, Hungary, Italy, Latvia, Lithuania, Luxembourg, the Netherlands,
Norway, the Philippines, Poland, Portugal, Romania, Serbia, Slovakia, Spain,
Sweden, Switzerland, Tunisia, the UK and the USA.

Transcom WorldWide is an international provider of outsourced services and
solutions in the field of customer contact. Its principal areas of business are
the provision of Customer relationship Management and Credit Management products
and services utilising its contact centres around the globe. Transcom provides
solutions for a wide range of companies, targeting its core vertical markets,
which include communications, financial services, travel and leisure, media,
utilities and retail. Transcom offers its clients a broad array of relationship
management services, including customer care solutions, credit management
services, customer acquisition, development and retention, market research, CRM
consulting, legal services and interpretation work. Client programmes are
tailor-made and range from single applications to complex programmes, which are
offered on a country-specific or international basis in more than 33 languages
from 72 centres in 29 countries.

Transcom WorldWide S.A. class A and B shares are listed on the Nordic Exchange
Mid Cap list under the symbols ‘TWW SDB A' and ‘TWW SDB B'.