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WNS Strengthens Travel Business With Two Senior Executive Appointments

Thursday, August 23, 2007

Steve Reynolds and Peter Grover Join to Head Up North America and Europe

NEW YORK & LONDON--(BUSINESS WIRE)--Aug. 23, 2007--WNS (Holdings) Limited (NYSE: WNS), a leading provider of offshore business process outsourcing (BPO) services, announced the appointment of two seasoned industry executives to its Travel Business Unit. These appointments further WNS' strategy of strengthening its leadership position in travel BPO in both North American and European markets.

Steve Reynolds has joined as Executive Vice President for WNS Travel - North America, and Peter Grover has joined as Executive Vice President for WNS Travel - Europe. Both will be responsible for business development, account management and strategy in their respective geographies.

Reynolds comes to WNS with more than 20 years of working with major travel industry technology and services companies where he has developed products, such as RESX and CORREX, a reservation processing system, and improved the operations of many leading travel industry companies.

"Joining WNS is a tremendous opportunity to become part of a recognized and rapidly growing industry leader," Reynolds said. "I've been impressed for many years with WNS' ability to move complex travel solutions offshore and sustain a high level of customer satisfaction throughout the process. It's a real testament to their transition and transformational capabilities."

Previously, Reynolds served as Regional Vice President for Travel and Transportation at Affiliated Computer Services Inc., a Fortune 500 technology and services provider, where he led the travel and transportation division. He was also Executive Vice President and Chief Technology Officer at TRX Inc., a provider of software applications for the travel industry. Reynolds has helped leading travel companies integrate and deploy technology solutions and execute BPO strategies.

Grover brings more than 20 years of travel industry experience encompassing airlines such as British Airways and United Airlines, GDS, and corporate and leisure travel companies. Most recently, Grover was Executive Vice President at TRX Inc., where he managed its European operations involving 750 staff and developed long-term relationships with leading travel industry companies.

"I am excited to be joining WNS, a leader in providing high-end outsourcing service to the global travel industry," Grover said. "I look forward to building on its great reputation for client service, business transformation and being part of a team that is demonstrating such growth in this market."

Prior to TRX, Grover was the General Manager of Sales and Marketing for Galileo UK and was instrumental in the sale of the business from British Airways to Galileo International in 2000. He also spent four years with Amadeus in senior roles including running their UK subsidiary.

"We are privileged to get two very experienced professionals of such stature on board; Steve and Peter bring a unique combination of global travel industry, business development and BPO expertise to WNS," said Anup Gupta, CEO, WNS Travel. "They are strong additions to our team as we deepen our domain expertise, enhance our business strategy and services, and enter into strategic partnerships with our clients to transform their businesses."

About WNS

WNS is a leading provider of offshore business process outsourcing, or BPO, services. We provide comprehensive data, voice and analytical services that are underpinned by our expertise in our target industry sectors. We transfer the execution of the business processes of our clients, which are typically companies located in Europe and North America, to our delivery centers located primarily in India. We provide high-quality execution of client processes, monitor these processes against multiple performance metrics, and seek to improve them on an ongoing basis.

WNS ADSs are listed on the New York Stock Exchange. For more information, please visit our website at www.wnsgs.com

Safe Harbor Statement under the provisions of the United States Private Securities Litigation Reform Act of 1995

This release contains "forward-looking statements" that are based on our current expectations, assumptions, estimates and projections about our company and our industry. The forward-looking statements are subject to various risks and uncertainties. Those statements include estimates of the benefits of the proposed acquisition and future plans of the company. We caution you that reliance on any forward-looking statement involves risks and uncertainties, and that although we believe that the assumptions on which our forward-looking statements are based are reasonable, any of those assumptions could prove to be inaccurate, and, as a result, the forward-looking statements based on those assumptions could be materially incorrect. These factors include but are not limited to: technological innovation; telecommunications or technology disruptions; future regulatory actions and conditions in our operating areas; our dependence on a limited number of clients in a limited number of industries; our ability to attract and retain clients; our ability to expand our business or effectively manage growth; our ability to hire and retain enough sufficiently trained employees to support our operations; negative public reaction in the U.S. or the U.K. to offshore outsourcing; regulatory, legislative and judicial developments; increasing competition in the business process outsourcing industry; political or economic instability in India, Sri Lanka and Jersey; worldwide economic and business conditions; our ability to successfully consummate strategic acquisitions; and other risks described from time to time in our SEC filings, including our registration statement on Form F-1 (No. 333-135590) filed on July 3, 2006, as amended.

CONTACT: Investors:
WNS (Holdings) Limited
Jay Venkateswaran, +1 212 599 6960
Senior VP -- Investor Relations
ir@wnsgs.com
or
Media:
Gutenberg Communications
Mike Sherrill, +1 212 230 8741
msherrill@gutenbergpr.com

SOURCE: WNS (Holdings) Limited