English

Transcom to deregister and delist from NASDAQ

TRANSCOM TO DEREGISTER AND DELIST FROM NASDAQ

Transcom WorldWide S.A., the European CRM specialist, today announced
that it will file a certification and notice of termination with the
U.S. Securities and Exchange Commission for the voluntary deregistration
under the Securities Exchange Act of 1934, as amended, of Transcom
series A and B shares and American Depositary Shares (ADS's) after the
close of trading on Wednesday 28 May 2003. Transcom's reporting
obligations under the Securities Exchange Act will be suspended at the
time of the filing of the certification and notice of termination. In
connection with the deregistration of the ADSs, Transcom will delist its
series A and series B shares and ADSs from the NASDAQ National Market
with effect from the close of trading on Wednesday 28 May 2003.

These actions will not affect the continued listing of Transcom's series
A and series B shares on the Stockholm Stock Exchange. Transcom will
continue to make filings as required by the Securities Exchange Act of
1934, as amended, until the close of trading on Wednesday 28 May 2003.

Transcom's shares were registered with the SEC and listed on the NASDAQ
National Market in 2001 in the form of series A and series B ADSs,
representing five ordinary series A and five ordinary series B shares
respectively. The Board of Directors of Transcom has decided to pursue
this course of action for the following reasons:

* The total number of holders of series A and series B ADSs, who are
resident in the United States, is less than 300 and, as of 30 April
2003, there were 1,200 series A ADSs and 3,641 series B ADSs
outstanding, compared to 35.1 million series A shares and 34.2 million
series B shares outstanding in total
* The volume of trading in the ADSs on the NASDAQ National Market is
very low with only 105,779 ADSs traded during the period from September
2001 to April 2003, compared to 66.6 million shares traded on the
Stockholm Stock Exchange during the same period of time
* US shareholders own 0.6% of the issued share capital of Transcom.
Non-Swedish shareholders, including shareholders in the U.S., own 13% of
the issued share capital of Transcom and have typically acquired shares
on the Stockholm Stock Exchange
* The Board of Directors does not believe that the deregistration and
delisting will have an adverse effect on the ability of Transcom's
principal U.S. shareholders to hold its shares

For these reasons, Transcom's Board of Directors believes that the costs
of maintaining the SEC registration and NASDAQ National Market listing
are no longer justified.
Registered holders of series A and series B ADSs will be contacted with
details of how to proceed by The Bank of New York, the Depositary Bank
for the ADSs, when the ADSs are delisted from the NASDAQ National
Market.

For further information please contact:
Keith Russell, President and CEO +352 27 755 000
Dwayne Taylor, Investor & Press 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.

Transcom 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. series 'A' and 'B' ADSs are listed on the NASDAQ
National Market under the symbols TRCMA and TRCMB and series '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 Transcom's expectations and plans, strategy, management's
objectives, future performance, costs, revenues, earnings and other
trend information. It is important to note that Transcom's 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 Transcom has filed with the U.S.
Securities and Exchange Commission under the U.S. Securities Exchange
Act of 1934, as amended, including its 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 Transcom on the date hereof. All written or
oral forward-looking statements attributable to Transcom, any Transcom
members or persons acting on its behalf are expressly qualified in their
entirety by the factors referred to above. Transcom does not intend to
update these forward-looking statements.


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