ANNUAL GENERAL MEETING OF SHAREHOLDERS

ANNUAL GENERAL MEETING OF SHAREHOLDERS

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 re-elected William Walker, Henning Boysen, Mia Brunell Livfors,
Torun Litzén and Roel Louwhoff as Directors of the Board and elected
Charles Burdick and Robert Lerwill as new Directors of the Board.
The AGM also resolved to:
  · Carry forward the profits for the financial year ended on 31
December 2009 in the amount of EUR 9,834,000;
  · Re-elect Ernst & Young S.A. as auditors to the Company for a term
ending at the 2011 AGM;
  · Discharge the members of the Board of Directors of Transcom of the
liability  for, and in connection with, the financial year ended 31
December 2009;
  · Approve the fees for the members of the Board of Directors of
Transcom for the period until the end of the 2011 AGM to be a total of
EUR 366,500, in accordance with the proposal submitted in the AGM
Convening Notice published on 7 May 2010, which is available on
Transcom's website;
  · 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 of
Directors of Transcom and auditor of Transcom, and their remuneration,
as well as the proposal on the Chairman of the 2011 AGM, shall be
performed by a Nomination Committee. The Nomination Committee will be
formed during October 2010 in consultation with the largest shareholders
of Transcom as at 30 September 2010. Cristina Stenbeck will be a member
of the Nomination Committee and will also act as its convener. 
  · Approve the proposed Long-Term Incentive Plan (LTIP) authorising the
Board of Directors of Transcom, with the option to delegate, to execute,
deliver any agreements, notification letters, notices, certificates or
documents necessary to implement this resolution and any amendments
thereto and to execute any subsequent documents, certificates, notices,
letters of notification, requests or other communications to be given by
Transcom in relation to the LTIP; and
  · Approve the proposed Share 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 shares authorised to be
purchased is up to 3,664,833 Class A shares and 3,664,542 Class B shares
respectively.
For details of the decisions taken at the AGM, please refer to the AGM
Convening Notice published on 7 May 2010, which is available on
Transcom's website.
At a statutory meeting of the Board of Directors following the AGM, the
Board decided that the Audit Committee be comprised of Robert Lerwill,
Charles Burdick and Torun Litzén. Robert Lerwill was elected Chairman of
the Audit Committee. The Board also decided that the Remuneration
Committee to be comprised of Mia Brunell Livfors, Henning Boysen and
William Walker. William Walker was elected Chairman of the Remuneration
Committee. Furthermore the Board re-elected William Walker as Chairman
of the Board of Directors.

For further information please contact:
Transcom WorldWide S.A.
William Walker, Chairman of the Board                       
T: +1 301 215 5533
Pablo Sanchez-Lozano, President & CEO                   
T: +352 27 755 000
Aïssa Azzouzi, CFO
T: +352 27 755 013
Alexandra Dahan, Investor & Press Relations   
T:  +46 (0)70 76 80 89
E: alexandra.dahan@transcom.com (alexandra.dahan@transcom.com)