Directorate Change

25 June 2012

Xchanging plc

Appointment of Non-executive Director

Xchanging plc ('Xchanging'), the business process and technology services provider and integrator, announces today the appointment of Stephen Wilson to the Board as Non-executive Director with effect from 1 July 2012. Stephen will, in addition, take over from Dennis Millard as Chairman of the Audit Committee from 1 September 2012.

Stephen is currently Executive Vice President and Chief Financial Officer of Misys, the leading provider of financial services software recently acquired by Vista Equity Partners. Prior to Misys, Stephen worked at IBM for 25 years developing his financial career in a progression of roles in Europe and the US, culminating as Vice President and Chief Financial Officer for IBM UK and Ireland.

Commenting on the appointment, Xchanging Chairman, Geoff Unwin said: "Stephen has significant business experience in both technology and outsourcing. His track record at Misys and IBM will be greatly valued on the Xchanging Board."

Stephen Wilson said: "Joining Xchanging at this time offers a great opportunity to contribute to the future development of the business."

Enquiries

Xchanging plc Tel: +44 (0) 207 780 6999

Geoff Unwin, Chairman

Alexandra Hockenhull, Head of Corporate Communications

and Investor Relations

Maitland Tel: +44 (0) 207 379 5151

Neil Bennett

George Hudson

Emma Burdett

About Xchanging

What we are 

Xchanging provides business processing, technology and procurement services internationally for customers across multiple industries.

What we do

Xchanging brings innovation, thought leadership and passion to its customers' businesses so as to enhance performance and value. Our values are embedded into everything we do.

What we want to be

Xchanging wants to be regarded as the best provider in its chosen markets by delivering services that are recognised for outstanding quality, reliability and innovation.

www.xchanging.com 

Cautionary Statement: 

This announcement contains forward-looking statements that are based on current expectations or beliefs, as well as assumptions about future events. These forward-looking statements can be identified by the fact that they do not relate only to historical or current facts. Forward-looking statements often use words such as anticipate, target, expect, estimate, intend, plan, goal, believe, will, may, should, would, could, is confident, or other words of similar meaning. Undue reliance should not be placed on any such statements because they speak only as at the date of this document and, by their very nature, they are subject to known and unknown risks and uncertainties and can be affected by other factors that could cause actual results, and Xchanging's plans and objectives, to differ materially from those expressed or implied in the forward-looking statements.

There are a number of factors which could cause actual results to differ materially from those expressed or implied in forward-looking statements. Among the factors that could cause actual results to differ materially from those described in the forward-looking statements are; increased competition, the loss of or damage to one or more key customer relationships, changes to customer ordering patterns, delays in obtaining customer approval or price level changes, the failure of one or more key suppliers, the outcome of business or industry restructuring, the outcome of any litigation, changes in economic conditions, currency fluctuations, changes in interest and tax rates, changes in raw material or energy market prices, changes in laws, regulations or regulatory policies, developments in legal or public policy doctrines, technological developments, the failure to retain key management, or the key timing and success of future acquisition opportunities or major investment projects.