EXL Service featured in Forbes "America's 100 Best Small Companies"

ExlService Holdings, Inc. (NASDAQ: EXLS), a leading provider of outsourcing and transformation services, today announced its second consecutive listing on the annual "America's 100 Best Small Companies" rankings by Forbes. Published in the November issue of the magazine, EXL Service has improved its rankings by two positions from the previous year to be ranked forty-fifth amongst a list of other successful listed companies.

Rohit Kapoor, President & Chief Executive Officer, EXL Service, said, "We are honored to be recognized successively for two consecutive years by Forbes. The recognition underlines our ability to deliver business impact to our clients. Being featured in the list is an endorsement of EXL's ability to sustain rapid revenue and earnings growth to drive shareholder value. EXL Service has become a leading name in the business process outsourcing and transformation space, serving over 200 clients with 18,000 professionals. I thank the entire EXL Service team for their persistent efforts in ensuring global recognition for the organization".

Forbes adopted a methodology set forth in the publication in determining America's 100 Best Small Companies. The ranking considered publicly traded companies with annual revenues between $5 million and $1 billion and a stock price above $5 a share. The ranking was based on earnings growth, sales growth and return on equity in the past 12 months and over 5 years. The ranking also factored in the comparative stock performance of each company with its competitors.