TRANSCOM ACQUIRES LEADING GERMAN DEBT COLLECTION BUSINESS

Transcom WorldWide S.A. (“Transcom”), the European CRM and collections specialist, today announced that it has acquired 100% of Dr. Finsterer + Koenigs Inkasso GmbH (“Dr. Finsterer + Koenigs” or “the Company”) for a cash consideration of €8 million, with a further €1 million payable depending on performance. Established in 1983, Dr. Finsterer + Koenigs is one of the leading debt collection agencies in Germany. The Company reported revenues of €8.5 million in 2005 and expects to record margins in line with the European industry average in the coming year. The purchase will be funded out of Transcom’s existing cash balances and will be paid upon completion. A further consideration of €1 million is payable in two instalments, in December 2006 and December 2007, subject to the Company meeting certain performance-related criteria. The operations will be consolidated in Transcom’s accounts with effect from 1 January 2006. Based in Tönisvorst, Germany, Dr. Finsterer + Koenigs operates on a commission collection basis and employs 90 people. Senior management personnel have signed long-term contracts to remain with the business under the new ownership structure. Keith Russell, President and CEO of Transcom, commented: “This acquisition is in line with our strategy of growing our debt collection business and, thereby, enhancing our group operating margin. The deal significantly raises the profile of Transcom CMS, which now operates in 11 countries, and provides us with a strong position in one of Europe’s largest markets. This increased scale will further strengthen our competitive advantage and enable us to win additional pan-European collections contracts.” 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 5010 About Transcom Transcom WorldWide S.A. is a rapidly expanding Customer Relationship Management (CRM) solution provider, with 44 service centres employing more than 11,000 people delivering services to 26 countries - Luxembourg, Sweden, France, Denmark, Germany, Finland, Italy, Switzerland, Belgium, Hungary, Norway, the Netherlands, Spain, Austria, Morocco, Poland, Portugal, Estonia, Latvia, Lithuania, Serbia, the UK, the Czech Republic, the Slovak Republic, Croatia 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; and Legal Services. 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 39 languages. Transcom WorldWide S.A. ‘A’ and ‘B’ shares are listed on the Stockholmsbörsen O-List under the symbols TWWA and TWWB.