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EXL Announces Appointment of Rembert de Villa as Head of Transformation Services

Tuesday, April 15, 2008 General News J E 4
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NEW YORK and NEW DELHI, India, April 14 ExlService Holdings, Inc. (Nasdaq: EXLS), a recognized provider of businesssolutions, today announced that Rembert de Villa has joined as Head ofTransformation Services. EXL's Transformation Services offerings focus onhelping clients improve their operations through providing sophisticatedanalytics, streamlining and improving business processes, and enhancing riskand control environments. Under the banner of Transformation Services, Rembertwill more closely integrate EXL's Research & Analytics, Risk Advisory andProcess Advisory services with EXL's Outsourcing services. Rembert will reportto Rohit Kapoor, EXL's President and COO.

Rembert joins EXL with over 23 years of global management consultingexperience and leadership, primarily in the financial services industry. Hejoins from MasterCard Advisors where he was the Global Practice Leader forStrategic Services. Prior to that, Rembert led the North American FinancialServices practice of Capgemini in New York. Rembert also spent five years as aVice President at A.T. Kearney's financial institutions practice, and over tenyears with Andersen Consulting (now Accenture) in their European and Americaspractices, focusing in business strategy and transformation for financialservices clients.

Rembert de Villa commented, "I am looking forward to joining EXL at thisexciting time in its growth trajectory. The vision of coupling transformationservices with outsourcing is particularly powerful when you consider EXL'sglobal delivery model and industry domain focus. The transformation team iscomprised of approximately 400 professionals possessing some of the strongestqualifications and backgrounds in the industry in disciplines such as businessprocess transformation, Six Sigma methodology, analytics and risk advisoryservices."

Rohit Kapoor, EXL's President and COO commented, "We are glad to havesomeone of Rembert's experience join EXL to help us accelerate our growth. Hissuccess in mentoring and growing large teams of highly qualified and trainedresources is vital to scaling our transformational services offerings. I lookforward to working closely with Rembert."

Vikram Talwar, EXL's CEO and Vice Chairman, commented, "With a combinationof rich experience in managing across geographies, functions and industryverticals, Rembert's hiring is an important investment for EXL. Rembert willplay a critical role in growing EXL's transformation services, which atpresent contributes nearly 20 percent of our revenue."

About ExlService Holdings, Inc.

ExlService Holdings, Inc. (Nasdaq: EXLS) is a recognized businesssolutions provider. EXL's offerings provide a competitive edge to its clientsby transforming and outsourcing business processes. Transformation servicesenable continuous improvement of client processes by bringing together EXL'scapabilities in reengineering including Six Sigma process improvement,research & analytics, and risk advisory services. EXL's outsourcing servicesinclude a full spectrum of business process services from offshore deliverycenters requiring ongoing process management skills. Headquartered in NewYork, EXL primarily serves the needs of Global 1000 companies in the banking,financial services, insurance, utilities, healthcare, telecommunications andtransportation sectors. Find additional information about EXL atwww.exlservice.com.

This press release contains forward-looking statements. You should notplace undue reliance on those statements because they are subject to numerousuncertainties and factors relating to the Company's operations and businessenvironment, all of which are difficult to predict and many of which arebeyond the Company's control. Forward-looking statements include informationconcerning the Company's possible or assumed future results of operations,including descriptions of its business strategy. These stat
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