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Transcom reports revenues up by 22% to EUR 202.9 million, with EBITDA up 63% to EUR 21.0 million and net income increasi

Tanja SaarelaTanja SaarelaTRANSCOM REPORTS REVENUES UP BY 22% TO €202.9 MILLION, WITH
EBITDA UP 63% TO
€21.0 MILLION AND NET INCOME INCREASING FIVEFOLD TO €5.7
MILLION

Luxembourg, 23 October 2003 - Transcom WorldWide S.A.
('Transcom') (Stockholmsbörsen: TWWA, TWWB), Europe's
largest CRM operator by geographical footprint, today
announced its financial results for the first nine months
and third quarter ended September 30, 2003.

NINE MONTH HIGHLIGHTS

· Net sales up 22% to €202.9m (€165.8m)
· Net income increases fivefold to €5.7m (€1.1m)
· EPS before dilution increased to €0.08 (€0.02)
· EBITDA up 63% to €21.0m (€12.9m)
· Pre-Tax Profit more than tripling to €8.8m (€2.6m)
· Cash flow from operations rises 60% to €17.0 (€10.6m)
· New contract signed with "snowflake"
· Transcom opened its first call centre in Portugal

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


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The following files are available for download:
http://www.waymaker.net/bitonline/2003/10/23/20031022BIT01020/wkr0001.doc The full report
http://www.waymaker.net/bitonline/2003/10/23/20031022BIT01020/wkr0002.pdf The full report