English

TRANSCOM TO DISTRIBUTE STATUTORY DIVIDEND TO HOLDERS OF PREFERENCE CLASS B SHARES AND RECTIFICATION NOTICE IN RESPECT OF THE PRESS RELEASE DATED 18 JU

Transcom WorldWide S.A. (“Transcom”), the global outsourced services company, today announced that the Board of Directors of Transcom decided to distribute a statutory preferred cumulative dividend to preference Class B Transcom shareholders in accordance with article 21 of the company’s articles of association.

Such dividend amounts to EUR 0.0043 per Class B non-voting share and shall be paid on 27 September 2010.

As from the date this statutory preferred cumulative dividend is effectively paid in full, holders of Class B non-voting shares shall not hold any longer their recovered voting rights in accordance with article 46 (2) of the Luxembourg law on commercial companies dated 10 August 1915 as amended.

As a result of the effective payment of this preferred cumulative dividend, the total number of outstanding shares of Transcom shall amount to 73,366,893 shares of which there are 36,684,903  Class A voting shares, each with nominal value of EUR 0.43 and 36,681,990 Class B non-voting shares with no voting rights attached, each with nominal value of EUR 0.43.

Since the holding of the last annual general meeting of shareholders of Transcom the total number of outstanding shares of Transcom and the total number of voting rights attached to Transcom shares have changed as follows:

26 May 2010:            Following the annual general meeting of shareholders of Transcom that took place on 26 May 2010 and in accordance with article 46 (2) of the companies law dated 10 August 1915 as amended, the total number of outstanding shares of Transcom amounted to 73,293,757 shares of which there are 73,293,757 shares with voting rights attached (i.e. including both, Class A voting shares and Class B non-voting shares) each with nominal value of EUR 0.43.  

18 June 2010:            Following the increase of share capital that took place on 18 June 2010 and in accordance with article 46 (2) of the companies law dated 10 August 1915 as amended, the total number of outstanding shares of Transcom amounts to 73,366,893 shares of which there are 73,366,893 shares with voting rights attached (i.e. including both, Class A voting shares and Class B non-voting shares) each with nominal value of EUR 0.43.

27 September 2010: Following the full and effective payment of the preferred cumulative dividend on 27 September 2010, the total number of outstanding shares of Transcom shall amount to 73,366,893 shares of which there are 36,684,903 shares with voting rights attached corresponding to the Class A voting shares and 36,681,990 shares with no voting rights attached corresponding to the Class B non-voting shares, each with nominal value of EUR 0.43. Following the above mentioned payment, holders of Class B non-voting shares shall not hold any longer their recovered voting rights in accordance with article 46 (2) of the Luxembourg law on commercial companies dated 10 August 1915 as amended.

The last sentence of the press release published by Transcom on 18 June 2010 ("Transcom issues new shares to Board Directors") is amended as follows:

"As of today, the total number of outstanding shares of Transcom WorldWide S.A. amounts to 73,366,893 shares of which there are 73,366,893 shares with voting rights attached (including both, Class A voting shares and Class B non-voting shares) each with nominal value of EUR 0.43".   

The information contained in this press release constitutes regulated information as defined under article 1. 10) of the Luxembourg law of 11 January 2008 on the transparency requirements in relation to information about issuers whose securities are admitted to trading on a regulated market implementing in Luxembourg Directive (EC) No 2004/109.

The Board of Directors

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