OUTCOME OF TRANSCOM’S RIGHTS ISSUE

OUTCOME OF TRANSCOM’S RIGHTS ISSUE

Luxembourg, 21 December 2011 – The results of Transcom WorldWide S.A.’s
(“Transcom”) rights issue show that 479,022,968 share SDRs of series A and
525,008,240 share SDRs of series B, representing approximately 85.7 percent of
the offered share
SDRs[1] (file:///H:/Transcom/Press%20releases/111221%20-%20Outcome%20of%20rights
%20issue/Marx%20-%20announcement%2021%20December%20-%20Final%20version.DOC#_ftn1
), were subscribed for by exercise of subscription rights. Out of the
168,134,632 share SDRs that were not subscribed for with preferential rights,
34,933,998 share SDRs have been allotted to persons who have subscribed for new
share SDRs without preferential rights, according to the principles outlined in
the prospectus, and 133,200,634 share SDRs have been allotted to Investment AB
Kinnevik (in addition to its pro rata share of the rights
issue).[2] (file:///H:/Transcom/Press%20releases/111221%20-%20Outcome%20of%20rig
hts%20issue/Marx%20-%20announcement%2021%20December%20-%20Final%20version.DOC#_f
tn2) Through the rights issue, Transcom will receive proceeds of approximately
SEK 504 million before deduction of transaction costs.

Persons who have subscribed for new share SDRs without preferential rights and
who have been allotted share SDRs are expected to be notified on or around
December 22, 2011.

Through the rights issue Transcom’s share capital will increase by EUR
50,403,131.12 to EUR 53,557,907.519. The number of shares will increase by
1,172,165,840 to 1,245,532,733 of which 622,767,823 are of class A and
622,764,910 of class B.

New share SDRs subscribed for with preferential rights are expected to start
trading on NASDAQ OMX on December 27, 2011 and new share SDRs subscribed for
without preferential rights are expected to start trading on NASDAQ OMX on
December 30, 2011.

Financial and legal advisors

SEB Enskilda is acting as financial advisor to Transcom and Advokatfirman
Cederquist KB and NautaDutilh Avocats Luxembourg are acting as legal advisors to
Transcom in the rights issue.

For further information, please contact:

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

Aïssa Azzouzi, CFO                                                              
                +352 27 755 021

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

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[1] (file:///H:/Transcom/Press%20releases/111221%20-%20Outcome%20of%20rights%20i
ssue/Marx%20-%20announcement%2021%20December%20-%20Final%20version.DOC#_ftnref1)
Including the limited number of shares that are issued directly to shareholders
in Transcom, representing no more than 0.28 percent of the rights issue

[2] (file:///H:/Transcom/Press%20releases/111221%20-%20Outcome%20of%20rights%20i
ssue/Marx%20-%20announcement%2021%20December%20-%20Final%20version.DOC#_ftnref2)
The number of share SDRs to be taken up by Investment AB Kinnevik will be
increased in case of defaulting payment from subscribers without preferential
rights