SCANDENT HOLDINGS MAURITIUS LTD. ENTERED INTO A SALE AND PURCHASE AGREEMENT WITH XCHANGING PLC

SHML & XCHANGING plc.

October 03, 2008 —We are pleased to announce that Scandent Holdings Mauritius Ltd. today entered into a Sale and Purchase Agreement with Xchanging plc (a UK FTSE listed company), for the sale of its shareholding in Cambridge Solutions Ltd. in a part cash part stock transaction. As a consequence, Xchanging plc. the international business processing company has made an offer on October 3rd to buy a controlling 75% stake in Cambridge Solutions Ltd. This transaction is subject to the requisite shareholder and regulatory approvals.

This offer is a very positive development. Cambridge and Xchanging are complementary businesses that together create a global business processing and IT services leader. Xchanging brings its history of rapid and sustained growth, proven lean processing capability and a strong European presence. Cambridge brings its international delivery of complex IT and significant scale and capacity in the US, Australia and India.

For Cambridge employees, this potential combination offers the prospect to be part of a bigger, stronger organization, with greater opportunities for all of them and for the business.

This combination will produce a truly global company, with greater geographical coverage and a commitment to bring together the best of both, addressing a growing marketplace. The combined annual revenue of the two companies would be approximately $1.2 billion.

Standard Chartered Bank was the exclusive financial advisor to Scandent Holdings Mauritius Ltd. in this transaction.

Satyen Patel
Vice Chairman
Scandent Holdings Mauritius Ltd.

About Cambridge Integrated Services
Headquartered in Greenwich, Connecticut, Cambridge Integrated Services, a subsidiary of Cambridge Solutions Ltd., is one of the leading independently owned property and casualty claims and risk management services providers. Cambridge serves Fortune 500 self-insured employers, insurance carriers and public entities in the U.S., Europe and Australia. Claims services span workers' compensation; general, auto, professional and product liability; property and assumed/ceded reinsurance. Cambridge also offers a wide array of specialty risk management services including outcomes management and audit consulting, managed care, special investigations, structured settlements and subrogation/recovery services.

About Cambridge Solutions Ltd.
Cambridge Solutions Ltd. (USHQ: Greenwich, CT.) is a strategic global outsourcing firm with deep expertise in:

• IT business consulting, application implementation, software engineering, maintenance and support services
• Business process outsourcing (BPO) for insurance, banking and financial services companies; process consulting; transaction processing, finance and accounting back office support; claims and risk management services; inbound and outbound contact centers to support all of these activities; and other processes that require knowledge-based decision making.

The company employs more than 4,400 professionals serving customers on four continents through more than 60 locations worldwide. With offices in the U.S., Europe, India, Singapore and Australia, Cambridge serves Fortune 500 firms, insurance and financial services companies, and public entities around the world. The company’s BPO subsidiary was named one of the top three best performing BPO companies by Global Services media and neoIT in 2006 and 2007, ranked as one of the top three leaders in human capital management, and ranked as the 28th leading outsourcing company in the world in the International Association of Outsourcing Professionals (IAOP)’s “2006 Global Outsourcing 100” list, that appeared in a special advertising section in Fortune magazine. The company is listed on the major stock exchanges of India (BSE, NSE, MSE & ASE) under the ticker “CAMBRIDGE”. For more information, visit: www.cambridgeworldwide.com.

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