Trading Update

20 January 2016

IBEX Global Solutions plc

("IBEX", "Company" or "the Group")

Trading Update

IBEX Global Solutions PLC (AIM: IBEX), a leading global provider of outsourced customer interaction solutions, is pleased to provide an update on trading ahead of its interim results for the six months to 31 December 2015 ("the period"), which it expects to release on 24 February 2016.

During the period, the Company has continued to make progress and trading is in line with management expectations.

The Company won two new blue chip clients in the financial services and consumer electronics sectors demonstrating its value proposition of operational performance, speed and cost effectiveness. The first of these clients is being serviced from the Philippines as well as from the Company's new operation in Nicaragua, which was launched in November 2015 and gives the Company a strategically important initial presence in nearshore markets. The second new client launched in October 2015 utilising current onshore capacity. Additionally, the Company expects to have its second nearshore site operational early in the second half of fiscal 2016 having already received commitments from existing clients during the period. IBEX has also expanded capacity in the Philippines and is currently growing its business and market share with several existing institutional clients.

These new programs are performing well and are consistent with the Board's strategy of focusing on higher margin business. The revenue growth associated with these wins will result in some weighting toward the second half of the year but given the visibility of these operations the Board has confidence in the outlook for trading for the full year.

Bob Dechant, CEO of IBEX Global Solutions, commented: "We are pleased to announce that trading for the first half has met our expectations and we have delivered good improvements on the second half of 2015. More importantly, we have built the framework to position IBEX for longer term growth, combining strong organic growth from existing clients with recent new client wins in our offshore, onshore and new nearshore markets. We remain committed to our objective of balancing our growth trajectory and providing consistent positive returns to IBEX shareholders."

For further information, please visit www.ibexglobal.com or contact:

About IBEX

IBEX is a leading global provider of business process outsourcing services. Headquartered in Washington, DC and listed on the London Stock Exchange (AIM: IBEX), IBEX maintains a global workforce of over 10,000 serving more than 70 leading corporations with complex, enterprise-scale outsourcing solutions. With operational presence in the United States, the Philippines, Nicaragua, Pakistan, Senegal, and United Kingdom, IBEX delivers a multi-language and multi-cultural service capability focused on innovation and adding intellectual value.