ANNUAL GENERAL MEETING OF SHAREHOLDERS

Transcom WorldWide S.A., the European CRM and debt collections specialist, today announced that all resolutions proposed at its Annual General Meeting (AGM) of shareholders on 30 May 2006 in Luxembourg were passed. At the meeting, shareholders approved an extraordinary final dividend of €0.35 per share (or the SEK equivalent per Swedish Depositary Receipt) for the year ended 2005, as proposed by the Board and approved by the Audit Committee at the Audit Committee meeting of 24 April 2006. It was also resolved that the record date for the payment of such dividends shall be 7 June 2006, with an expected payment date of 22 June 2006. William Walker, Cristina Stenbeck, Björn Rosengren, Susan Hooper and James Beers were re-elected as members of the Board of Directors. Mia Brunell was elected as a new member of the Board of Directors. Mia Brunell has held several positions at Modern Times Group MTG AB since 1992, becoming CFO of the Company in 2001. She will become President and CEO of Investment AB Kinnevik on 1 August 2006. Mia Brunell is also a Board Member of CTC Media, Invik & Co. AB and Tele2 AB, and a proposed Board Member of Metro International S.A. Ernst & Young S.A. were re-elected as Auditors. For further information please visit www.transcom.com or contact: Keith Russell, President & CEO +352 27 755 000 Noah Schwartz, Investor & Media Enquiries +44 20 7321 5032 About Transcom Transcom WorldWide S.A. is a rapidly expanding Customer Relationship Management (CRM) solution provider, with 48 service centres employing more than 11,700 people delivering services to 28 countries – Austria, Belgium, Chile, Croatia, Denmark, Estonia, Finland, France, Germany, Hungary, Italy, Latvia, Lithuania, Luxembourg, Norway, Poland, Portugal, Romania, Spain, Sweden, Switzerland, the Czech Republic, the Netherlands, Serbia, the UK, the USA and Tunisia. 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 communication; telemarketing and outbound; Administrative Tasks; Web servicing; CRM Consultancy Service; Contract Automation; Credit Management Service; Legal Services; and Interpretation Services. Client programs are tailor-made and range from single applications to complex programmes, which are offered on a country-specific or international basis in up to 33 languages. Transcom WorldWide S.A. ‘A’ and ‘B’ shares are listed on the Stockholmsbörsen O-List under the symbols TWWA and TWWB.