ANNUAL GENERAL MEETING OF SHAREHOLDERS

Luxembourg, 30 May 2012 – Transcom WorldWide S.A., the global outsourced
services provider, today announced that the Company’s Annual General Meeting of
Shareholders (AGM) held today unanimously voted to support all of the proposed
resolutions.

The AGM approved (i) the re-election of Mr. Henning Boysen, Mr. Stefan Charette
and Mr. Roel Louwhoff as directors of Transcom, and (ii) the election of Mrs.
Laurie Bowen, Mr. Alexander Izosimov, Mr. Dermot Jenkinson, and Mr. Mikael
Larsson as new directors of Transcom.
The AGM also resolved to:

  · Approve the annual accounts and the consolidated accounts for the financial
year ended 31 December 2011;
  · Approve the allocation of the profit of EUR 6,097,986.96 for the period
starting 1 January 2011 and ending 31 December 2011 as follows: (i) EUR
304,899.35 representing 5% of the annual net profits of Transcom to the legal
reserve as required by law and (ii) EUR 5,793,087.61 to the profits carried
forward account;
  · Re-elect Ernst & Young S.A., Luxembourg, as external auditor for a term
ending at the 2013 AGM;
  · Approve the fees for the members of the Board of Directors of Transcom for
the period until the end of the 2013 AGM to be a total of EUR 366,500 and an
additional pro rata remuneration in arrears amounting to a total of EUR 20,830
to the director Stefan Charette for the period from 21 November 2011, when he
was elected a Director of the Board of Directors, to the AGM, in accordance with
the proposal submitted in the AGM Convening Notice published on 25 April 2012,
which is available on Transcom’s website;
  · Discharge the members of the Board of Directors of Transcom of the liability
for, and in connection with, the financial year ended 31 December 2011;
  · Approve the following procedure for the election of the Board of Directors
and external auditor;
The work of preparing a proposal on the Directors of the Board and auditor, and
their remuneration, as well as the proposal on the Chairman of the 2013 AGM
shall be performed by a Nomination Committee. The Nomination Committee will be
formed during October 2012 in consultation with the largest shareholders of
Transcom as per 30 September 2012.
  · Approve guidelines on remuneration for senior executives in accordance with
the proposal submitted in the AGM Convening Notice published on 25 April 2012,
which is available on Transcom’s website;
  · Approve the long-term incentive plan (LTIP 2012) in the terms as further
detailed in the full proposal of the board of directors which is available on
Transcom’s website, www.transcom.com;
  · Approve the proposed share repurchase plan authorizing the Board of
Directors of Transcom, with the option to delegate, to acquire and dispose of
Transcom's Class A voting shares and Class B non-voting shares. The maximum
aggregate number of shares authorized to be purchased is up to 62,276,782 Class
A shares and 62,776,491 Class B shares respectively. Any acquisitions carried
out by Transcom may in no event cause it to hold, directly or indirectly, more
than 10% of the share capital.

For details of the decisions taken at the AGM, please refer to the AGM Convening
Notice published on 25 April 2012, which is available on Transcom’s website,
www.transcom.com.

At a statutory meeting of the Board of Directors following the AGM, the Board re
-elected Mr. Henning Boysen to be Chairman of the Board of Directors of
Transcom. The Board also decided that the Audit Committee be comprised of Laurie
Bowen, Stefan Charette and Mikael Larsson. Mikael Larsson was elected Chairman
of the Audit Committee. In addition, the Board decided that the Remuneration
Committee be comprised of Alexander Izosimov, Dermot Jenkinson and Henning
Boysen. Henning Boysen was elected Chairman of the Remuneration Committee.

# # #

For further information, please contact:

Johan Eriksson, President and CEO
 +46 70 776 80 22

Marcus Süllmann,
CFO                                                                      +352
691 755 060

Stefan Pettersson, Head of Investor Relations                               +46
70 776 80 88
About Transcom

Transcom is a global outsourced service provider entirely focused on customers,
the service they experience and the revenue they generate. Our customer
management and credit management services are designed to strengthen our
clients’ customer relationships and secure their revenue streams.

Our broad service portfolio supports every stage of the customer lifecycle, from
acquisition through service, retention, cross and upsell, then on through early
and contingent collections to legal recovery.  Expert at managing both customers
and debt, we make a positive contribution to our clients’ profitability by
helping them win customers, maintain their loyalty and secure their payments.

And, while our services are designed to maximize revenue, our delivery
operations are built to drive efficiency.  Through our global network we can
provide service in any country where our clients have customers, accessing the
most appropriate skills and deploying the best communication channels in the
most cost effective locations.

Every day we handle over 600,000 customer contacts in 33 languages for more than
350 clients, including brand leaders in some of today’s most challenging and
competitive industry sectors. The experience we gain is used to constantly
refine our service portfolio and business processes, allowing us to respond
quickly to changing market conditions and client requirements.

Transcom WorldWide S.A. Class A and Class B shares are listed on the Nasdaq OMX
Stockholm Small Cap list under the symbols ‘TWW SDB A’ and ‘TWW SDB B’.