WNS Completes Value Edge Research Services Acquisition

NEW YORK & MUMBAI, India–(BUSINESS WIRE)– WNS (Holdings) Limited (WNS) (NYSE: WNS), a leading provider of global
Business Process Management (BPM) services, today announced it has
completed the acquisition of Value Edge Research Services Pvt. Ltd.
after receiving approval from the Reserve Bank of India (RBI). Cash
consideration for the transaction is $17.5 million (plus adjustments for
cash and working capital), which is expected to be funded with cash on
hand. The acquisition is expected to be accretive to earnings in fiscal
2017. WNS entered into a definitive agreement on March 11, 2016 to
acquire Value Edge, a leading provider of commercial research and
analytics services to clients in the Pharma / Biopharma industry.

About WNS

WNS (Holdings) Limited (NYSE: WNS) is a leading global business process
management company. WNS offers business value to 200+ global clients by
combining operational excellence with deep domain expertise in key
industry verticals including Travel, Insurance, Banking and Financial
Services, Manufacturing, Retail and Consumer Packaged Goods, Shipping
and Logistics, Healthcare and Utilities. WNS delivers an entire spectrum
of business process management services such as finance and accounting,
customer care, technology solutions, research and analytics and industry
specific back office and front office processes. As of March 31, 2016,
WNS had 32,388 professionals across 40 delivery centers worldwide
including China, Costa Rica, India, Philippines, Poland, Romania, South
Africa, Sri Lanka, United Kingdom and the United States. For more
information, visit www.wns.com.

Forward-Looking Statements

This report contains forward-looking statements, as defined in the safe
harbor provisions of the US Private Securities Litigation Reform Act of
1995. These forward-looking statements are based on our current
expectations and assumptions about Value Edge, our Company and our
industry. Generally, these forward-looking statements may be identified
by the use of terminology such as “anticipate,” “believe,” “estimate,”
“expect,” “intend,” “will,” “seek,” “should” and similar expressions.
These statements include, among other things, the discussions of the
completion of our acquisition of Value Edge, the timing of the
completion of our acquisition of Value Edge, and the expected benefits
of our acquisition of Value Edge, our growth opportunities, industry
environment, expectations concerning our future financial performance
and growth potential. Forward-looking statements inherently involve
risks and uncertainties that could cause actual results to differ
materially from those expressed or implied by such statements. Such
risks and uncertainties include but are not limited to worldwide
economic and business conditions; political or economic instability in
the jurisdictions where we have operations; regulatory, legislative and
judicial developments; our ability to attract and retain clients;
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 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 US
or the UK to offshore outsourcing; the effects of our different pricing
strategies or those of our competitors; and increasing competition in
the BPM industry. These and other factors are more fully discussed in
our most recent annual report on Form 20-F and subsequent reports on
Form 6-K filed with or furnished to the US Securities and Exchange
Commission (SEC) which are available at www.sec.gov.
We caution you not to place undue reliance on any forward-looking
statements. Except as required by law, we do not undertake to update any
forward-looking statements to reflect future events or circumstances.

References to “$” and “USD” refer to the United States dollars, the
legal currency of the United States.

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