XCHANGING EXPANDS PRESENCE IN SOUTH EAST ASIA

SINGAPORE, Jul 27 (MARKET WIRE) —
As part of its global expansion, Xchanging plc (LSE: XCH), one of the
largest and fastest growing global business processors, has relocated its
Singapore operations to a new flagship centre. This centre will be headed
by William Woo, who was recently appointed as Managing Director for
Xchanging, South East Asia.

Located at 13 International Business Park, Jurong East, the centre follows
global best practice in design and technology to create a state-of-
the-art environment. It follows a repeatable format seen in all Xchanging
offices across the world. The design supports lean processing,
collaboration and transparency with customers. This centre also advances
Xchanging’s corporate social responsibility goals as an economical and
environmentally responsible workplace.

David Andrews CEO Xchanging said, “Establishing our South East Asia
headquarters marks a significant milestone for Xchanging as it forwards
our ambition to be the global business processor of choice for our
customers. Singapore is undoubtedly emerging as a global financial
services hub; the region as such is taking a leadership position in the
utilisation of new generation technologies such as Cloud Computing. This
makes it a logical step in our growth strategy. Our existing customer
relationships such as with the Government of Singapore and DHL give us a
good head start in the region”.

Xchanging’s Asia Pacific business includes Australia, Singapore, Malaysia,
India, China and Japan. Kerry Purcell, Head of Asia Pacific for Xchanging
added, “To address opportunities in the diverse economies of this region,
we have organised ourselves as three sub-regions in Asia Pacific -
Australia, India and surrounding South Asian countries and South East
Asia. As a central business hub, Singapore was the perfect location for
us to set up our South East Asia headquarters. There is a growing demand
for technology and BPO services in the region. Our centre in Singapore
brings us closer to our customers in the region to offer Xchanging’s
expertise and services to companies across industries in South East Asia”.

For further information, please contact:

Xchanging

Meeta Thareja Tel: +44 (0)20 7780 5374
meeta.thareja@xchanging.com

Cardew Group Tel: +44 (0)20 7930 0777
xchanging@cardewgroup.com

About Xchanging

Xchanging is one of the largest and fastest growing business processors.
With a wide range of multinational customers in 42 countries and
employing over 8,000 people, we are a truly global company. Our aim is
simply to provide business processing services better, cheaper and faster.

Xchanging provides procurement, accounting, human resources and technology
services across industries. These include banking, insurance,
manufacturing, retail and real estate among others. We combine functional
expertise with deep industry domain knowledge to provide
industry-specific outcomes for our customers.

Listed on the London Stock Exchange in 2007, the company is in the
FTSE250, the index of mid-capitalised companies traded on the London Stock
Exchange. Xchanging is also a member of the FTSE4Good index which
measures the performance of companies that meet globally recognised
corporate responsibility standards.

www.xchanging.com

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Source: Xchanging via Thomson Reuters ONE

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