Convergys Buys Business and Assets of Billing and Customer Care Provider TelesensKSCL Limited.

Business Editors and High Tech Writers

Convergys Corporation (NYSE:CVG), the global leader in integrated billing, employee care, and customer care services, announced today it has purchased the business and assets of TelesensKSCL Limited (TelesensKSCL) of Edinburgh, Scotland, a subsidiary of TelesensKSCL AG of Cologne, Germany, from the receivers. Nick Edwards, Nick Dargan, and John Reid of Deloitte & Touche were appointed receivers on June 26, 2002, by the Royal Bank of Scotland plc, at the request of the Board of Directors of TelesensKSCL. The closing took place on July 3 in Edinburgh.

TelesensKSCL developed and licensed billing systems for voice and data services for mobile networks in the global telecommunications industry. More than 19 million people in 30 countries received their telephone bills through TelesensKSCL's billing and customer care applications. The company's clients included three of Vodafone Group plc's (NYSE: VOD) European operations (Ireland, Greece, and Romania), Smartone in Hong Kong, and Finnish mobile operator Radiolinja Oy. The acquisition will also strengthen Convergys' support of two Tier 1 clients it previously shared with TelesensKSCL, mmO2 plc (NYSE: OOM), and Orange France. Convergys will continue to support TelesensKSCL' s products and its existing client base.

As a result of the acquisition, Convergys will employ about 230 former TelesensKSCL employees in locations in Scotland and France.

"This acquisition is an important development for Convergys as well as for TelesensKSCL's many international communications clients," said Steve Robertson, President of Convergys International. "First of all, this acquisition builds on our publicly stated strategy to accelerate revenue growth and market coverage in billing and customer care internationally. Second, Convergys is a financially stable company and a world leader in billing and customer care. This acquisition brings financial stability and deep operational resources to support TelesensKSCL's clients who faced critical uncertainty about the future of their billing systems with the announcement of TelesensKSCL's insolvency."

Specifically, the benefits of the TelesensKSCL acquisition to Convergys include:

-- Expanding Convergys' position as one of the top billing and customer care companies in the Europe, Middle East, and Asia markets

-- Opening opportunities to provide advanced billing and customer care products to TelesensKSCL's existing client base

-- Adding a group of talented employees

About Convergys

Convergys Corporation (NYSE: CVG), a member of the S&P 500 and the Forbes' Platinum 400, is the global leader in integrated billing, employee care, and customer care services provided through outsourcing or licensing. We serve top companies in telecommunications, Internet, cable and broadband services, technology, financial services, and other industries in more than 40 countries. We also provide integrated, outsourced, human resource services to leading companies across a broad range of industries.

We bring together world-class resources, software, and expertise to help create valuable relationships between our clients and their customers and their employees. This commitment is validated by the more than 1.5 million individual bills our software produces each day to support more than 120 million subscribers, and by the more than 1.7 million separate customer and employee contacts we manage each day, both live and via electronic interaction.

Convergys (TM) employs more than 45,000 people in 47 customer contact centers and in our data centers and other offices in the United States, Canada, Latin America, Europe, the Middle East, and Asia. Convergys is on the net at www.convergys.com, and has world headquarters in Cincinnati.

(Convergys and the Convergys logo are trademarks of Convergys Corporation.)