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2016-02-26

Transcom WorldWide: Transcom enters into agreement to divest Danish Credit Management Services operations for an equity value of EUR 13.0 million

Stockholm, 26 February 2016

Transcom WorldWide AB (publ) today announced that the company has
signed an agreement to divest its Danish Credit Management Services
operations (CMS Denmark) for an equity value of EUR 13.0 million to
Inga Acquisition ApS, a holding company of the current management
team and an investment company. The consideration will be paid in
cash at closing. The transaction is expected to close in March 2016.

CMS Denmark was part of Transcom's North Europe region in 2015. The
divested unit had a turnover of EUR 11.4 million in 2015 and has
approximately 80 employees.

"I am delighted that the current management team will continue to
successfully run CMS Denmark, now as a stand-alone company together
with a strong financial partner. This transaction concludes the
divestment of Transcom's former CMS business unit, in line with our
strategy to strengthen Transcom's position in our core business -
outsourced customer care solutions (CRM). While early collections
services, e.g. payment reminder calls, are an integrated part of our
core CRM business, the business model in CMS Denmark - contingent and
legal debt collections - is entirely different", commented Johan
Eriksson, President & CEO of Transcom.

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Transcom WorldWide AB (publ) discloses the information provided herein
pursuant to the Securities Market Act and/or the Financial
Instruments Trading Act. The information was submitted for
publication on 26 February 2016 at 08:00 AM CET.

For further information, please contact:

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

Ulrik Englund, CFO
Telephone +46 70 286 85 92

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

About Transcom

Transcom (http://www.transcom.com/) is a global customer experience
specialist, providing customer care, sales, technical support and
collections services through our extensive network of contact centers
and work-at-home agents. We are 30,000 customer experience
specialists at 54 contact centers across 23 countries, delivering
services in 33 languages to international brands in various industry
verticals. Transcom WorldWide AB's share is listed on the Nasdaq
Stockholm Exchange under the ticker symbol TWW.

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http://news.cision.com/transcom-worldwide/r/transcom-enters-into-agreeme...
http://mb.cision.com/Main/1108/9925137/482350.pdf

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