English

Annual general meeting of shareholders

ANNUAL GENERAL MEETING OF SHAREHOLDERS

Transcom WorldWide S.A., the European CRM specialist, today announced
that all resolutions proposed to its Annual General Meeting (AGM) of
shareholders in Luxembourg today were passed.

Göran Ahlström, Vigo Carlund, Bruce Grant, and Björn Wolrath were re-
elected as members of the Board of Directors and Jean-Louis Constanza,
Björn Rosengren and Cristina Stenbeck were elected as new members of the
Board of Directors. The Auditors were re-elected.

Jean-Louis Constanza has been with Tele2 AB since 1998 and is the Market
Area Director for Southern Europe and President of Tele2's French
operations. Björn Rosengren is a member of the Board of Radio P4 Hele
Norge, a senior advisor to Tele2, Metro International and Modern Times
Group, and the former Minister of Industry, Employment and
Communications in Sweden. Cristina Stenbeck is Vice Chairman of the
Board of Directors of Industriförvaltnings AB Kinnevik, Invik & Co. and
Metro International, and a member of the Board of Directors of Modern
Times Group and Tele2. Vigo Carlund is Chairman of the Board of
Directors.

For further information please contact:
Keith Russell, President and CEO +352 27 755 000
Matthew Hooper, Press & Investor Enquiries +44 20 7321 5010

Transcom WorldWide is a rapidly expanding Customer Relationship
Management (CRM) solution provider, with 33 centers employing more than
7,800 people delivering services to 17 countries - Luxembourg, Sweden,
France, Denmark, Germany, Finland, Italy, Switzerland, Norway, the
Netherlands, Spain, Austria, Morocco, Estonia, Latvia, Lithuania and the
UK.

The company provides CRM solutions for companies in a wide range of
industry sectors, including telecommunications and e-commerce, travel &
tourism, retail, financial services and utilities. Transcom offers
clients a broad array of relationship management services, including
inbound and outbound call handling, Interactive Voice Response, Internet
Services, e-mail processing and fax broadcast. Client programs are
tailor-made and range from single applications to complex programs,
which are offered on a country-specific or international basis in up to
38 languages.

Transcom WorldWide S.A.'A' and 'B' shares are listed on the
Stockholmsbörsen O-List under the symbols TWWA and TWWB.

This press release contains certain "forward-looking statements" with
respect to our expectations and plans, strategy, management's
objectives, future performance, costs, revenues, earnings and other
trend information. It is important to note that our actual results in
the future could differ materially from those anticipated in forward-
looking statements depending on various important factors. Please refer
to the documents we have filed with the U.S. Securities and Exchange
Commission under the U.S. Securities Exchange Act of 1934, as amended,
including our most recent annual report on Form 20-F, for a discussion
of certain of these factors.

All forward-looking statements in this press release are based on
information available to us on the date hereof. All written or oral
forward-looking statements attributable to Transcom WorldWide, any
Transcom WorldWide members or persons acting on our behalf are expressly
qualified in their entirety by the factors referred to above. We do not
intend to update these forward-looking statements.


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http://www.waymaker.net/bitonline/2003/05/27/20030527BIT00600/wkr0002.pdf