LONDON, 13 July 2010 – Saudi Development and Training Company (SDT), one
of the leading providers of Human Resource solutions across the Middle
East has awarded a two year outsourcing contract to Xchanging (LSE: XCH),
one of the largest and fastest growing global business processors.
Xchanging will manage procurement of a diverse portfolio of Learning and
Development (L&D) courses in the UK and Saudi Arabia on behalf of SDT.

Established over 10 years ago and headquartered in Riyadh, Saudi Arabia,
SDT is a company that specialises in technical, vocational and English
language training as well as manpower resourcing and localisation
solutions.

As part of the contract, Xchanging will set up a sourcing hub for SDT
with a central support helpdesk. A vendor management programme will also
be introduced with the aim of optimising the supply chain. SDT will have
a dedicated team of L&D procurement category experts from Xchanging who
will procure a diverse portfolio of assessment and training programmes

Commenting on this contract, Andrew Johnston, Head of Commercial and
Procurement, SDT said, “We understand the importance of having the right
partners when competing on an international stage. Our aim is to
continuously improve the quality and value that we get from our
suppliers, so that we can deliver a first-class service to our clients.
With Xchanging we know we have the right expertise to manage a
best-in-class procurement service for SDT”.

Richard Houghton, Chief Financial Officer, Xchanging added, “We are
delighted to be forming a relationship with SDT. It is also significant
as it expands our procurement services business into the Middle East. We
look forward to working with SDT to provide enhanced value from their
supplier relationships”.

Xchanging manages annual indirect spend of over GBP 1 billion on behalf
of large corporations and services multi-sector customers across a range
of geographies and industries. With high-calibre procurement category
experts and world- class technology, Xchanging offers a complete suite of
procurement services from sourcing and spend management to
procure-to-pay. Xchanging is recognised as a tier one Procurement
Services provider globally by the Everest Research Institute.

– ENDS -

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
Rupert Pittman / David Roach
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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