English

Transcom to Propose Dividend at Annual General Meeting

2008-05-02

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Transcom WorldWide S.A. (“Transcom”), the global outsourced services company, today announced that the Board will propose an ordinary dividend of €10 million, amounting to €0.135 per share, and an extraordinary dividend of €5 million, amounting to €0.07 per share, to be approved by shareholders at the Annual General Meeting (AGM) which will be held on 27 May 2008.  If approved by shareholders, the dividend would be paid in June 2008.

The extraordinary dividend of €5 million is being proposed due to Transcom generating excess cash that the Company will not utilize in the short-term and is unnecessary on the balance sheet due to the Company's present capitalization.

Transcom will continue to focus on investing cash appropriately in the development of the business going forward, in particular in areas of higher margins such as near and offshore services and the debt collection business. 

2nd May 2008
The Board of Directors

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For further information please contact:

Transcom WorldWide SA
Keith Russell, President & CEO   T: +352 27 755 000
Noah Schwartz, Investor & Press Relations  T: +44 (0)20 7321 5010
E: transcom@sharedvalue.net 

About Transcom
Transcom WorldWide S.A. is a rapidly expanding Customer Relationship Management (CRM) solution provider, with 72 sites delivering services from 29 countries – Austria, Belgium, Canada, Chile, Croatia, Czech Republic, Denmark, Estonia, France, Germany, Hungary, Italy, Latvia, Lithuania, Luxembourg, the Netherlands, Norway, the Philippines, Poland, Portugal, Romania, Serbia, Slovakia, Spain, Sweden, Switzerland, Tunisia, the UK and the USA.

Transcom WorldWide is an international provider of outsourced services and solutions in the field of customer contact. Its principal areas of business are the provision of Customer relationship Management and Credit Management products and services utilising its contact centres around the globe. Transcom provides solutions for a wide range of companies, targeting its core vertical markets, which include communications, financial services, travel and leisure, media, utilities and retail. Transcom offers its clients a broad array of relationship management services, including customer care solutions, credit management services, customer acquisition, development and retention, market research, CRM consulting, legal services and interpretation work. Client programmes are tailor-made and range from single applications to complex programmes, which are offered on a country-specific or international basis in more than 33 languages from 72 centres in 29 countries.

Transcom WorldWide S.A. class A and B shares are listed on the Nordic Exchange Mid Cap list under the symbols ‘TWW SDB A’ and ‘TWW SDB B’.