English

NOTICE OF ANNUAL GENERAL MEETING

NOTICE OF ANNUAL GENERAL MEETING

Transcom WorldWide S.A.
société anonyme
Registered office: 75, route de Longwy
L-8080 Bertrange
Grand Duchy of Luxembourg
R.C. Luxembourg: B-59.528

NOTICE IS HEREBY GIVEN that the ordinary general meeting of shareholders
of TRANSCOM WORLDWIDE S.A. will be held at Château de Septfontaines,
330, rue de Rollingergrund, Luxembourg, Grand Duchy of Luxembourg at
3.00pm CET on May 27, 2003 to consider and vote by the Class A shares on
the following resolutions:

To receive the Management Report of the Board of Directors and the
Report of the Auditors on the consolidated and parent company accounts
at December 31, 2002

To approve the consolidated and parent company accounts for the year
ended December 31, 2002

To allocate the result of the year ended December 31, 2002

To discharge the Board of Directors and the Auditors for the year ended
December 31, 2002

To appoint the Directors

To appoint the Auditors

To determine the Directors' fees

Miscellaneous

Participation in the annual ordinary general meeting is reserved for
shareholders who file notice of their intention to attend the meeting by
mail and/or return a duly completed proxy form to the registered office
of the Company at the following address: Transcom WorldWide SA, 75,
route de Longwy, L-8080 Bertrange, Luxembourg, Telephone: +352 27 751
350, Fax: +352 27 751 311 by no later than 5.00 pm CET on Friday, May
23, 2003. Proxy forms for the meeting are available at the same address.

Holders of Swedish Depository Receipts wishing to attend the meeting or
send an authorized representative shall request a power of attorney from
Fischer Partners Fondkommission AB, P.O., Box 16027, SE-103 21
Stockholm, Sweden, Telephone: +46 8 463 85 00, which must be sent to
Transcom WorldWide SA, 75, route de Longwy, L-8080 Bertrange,
Luxembourg, Telephone: +352 277 55 000, Fax: +352 277 55 500 no later
than 5.00pm CET on Friday, May 23, 2003. Such holders of Swedish
Depository Receipts who have registered their Swedish Depository
Receipts in the name of a nominee must temporarily register the Swedish
Depository Receipts in their own name in the records maintained by VPC
AB in order to have a right to participate in the proceedings of the
annual ordinary general meeting. Such registration must be completed no
later than Friday, May 16, 2003.

9 May 2003

The Board of Directors

For further information please contact:
Keith Russell, President and CEO +352 27 755 000
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 NASDAQ
National Market under the symbols TRCMA and TRCMB and 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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