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2014-05-28

Transcom WorldWide: Transcom closes divestment of Czech Credit Management Services business for EUR 2.1m

Luxembourg, 28 May 2014 - Transcom today announced the divestment of
its Czech Credit Management Services (CMS) business to Credit Express
Group for €2.1 million. The transaction was simultaneously signed and
closed.

This agreement was negotiated in parallel with the divestment of
Transcom's Polish CMS unit, which was closed on May 16, 2014. On a
cash and debt free basis, these two transactions are valued at €2.0
million, and will result in a capital loss amounting to approximately
€0.5 million. Further details will be given in Transcom's Q2 2014
interim report.

The divested Czech CMS business had a turnover amounting to €4.6
million in 2013.

This transaction is in line with Transcom's strategy to focus on its
core business - outsourced customer care solutions (CRM).

For further information, please contact:

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

Pär Christiansen, CFO
Telephone +46 70 776 80 16

Stefan Pettersson, Head of Group Communications
Telephone +46 70 776 80 88

About Transcom

Transcom is a global customer experience specialist, providing
customer care, sales, technical support and credit management
services through our extensive network of contact centers and
work-at-home agents. We are 29,000 customer experience specialists at
62 contact centers across 26 countries, delivering services in 33
languages to over 400 international brands in various industry
verticals. Transcom WorldWide S.A. Class A and Class B shares are
listed on the NASDAQ OMX Stockholm Exchange under the symbols TWW SDB
A and TWW SDB B.

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http://news.cision.com/transcom-worldwide/r/transcom-closes-divestment-o...
http://mb.cision.com/Main/1108/9593401/250595.pdf

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