WORLD'S LARGEST RETAILER RENEWS CONTRACT WITH XCHANGING

Xchanging plc (LSE: XCH), one of the largest and fastest growing business processors, has successfully won a contract renewal with the world's largest retail organization. Xchanging provides worker's compensation claims handling and medical management services for this Fortune 500 Company's US operations. With over 1.4 million employees, this organization is the largest private sector employer in the USA.

Xchanging has been providing workers' compensation claims processing service for the retailer in the states of New York, New Hampshire and Oregon since 2002. Xchanging's New Hampshire processing centre, located in Whippany, NJ was declared the 'Small TPA Office of The Year' by the retailer for delivering the highest service standards in processing claims for its injured workers.

Commenting on the renewal, Steven Beard, President of Xchanging Americas said, "It is gratifying to be recognized and commended for what we hold as our highest priorities - processing efficiency and high service levels. This contract renewal illustrates the confidence our customer has in Xchanging. We take this very seriously and will continue to raise the bar in the service levels and efficiency that we deliver".

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 For further information, please contact: Xchanging - Group PR Meeta Thareja, Tel: +44 (0)20 7780 5374 [ meeta.thareja@xchanging.com ] UK - Cardew Group Tel: +44 (0)20 7930 0777 Rupert Pittman / David Roach [ xchanging@cardewgroup.com ] Xchanging - Americas Alana Rigal Tel: 1-212-209-3956 [ Alana.rigal@us.xchanging.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-capitalized 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 recognized corporate responsibility standards.

[ www.xchanging.com ]

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Source: Xchanging via Thomson Reuters ONE

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WORLD'S LARGEST RETAILER RENEWS CONTRACT WITH XCHANGING