Convergys Closes on Sale of its Information Management Business to NEC Corporation

  Convergys Closes on Sale of its Information Management Business to NEC
  Corporation

Business Wire

CINCINNATI -- May 16, 2012

Convergys Corporation (NYSE: CVG) today announced the closing of the sale of
its Information Management (IM) business to NEC Corporation (NEC; TSE: 6701).
The transaction covers all of the IM business, including its Smart Revenue
Solutions for the telecommunications, cable, satellite, broadband, utilities,
and logistics markets.

The definitive sale agreement between the two companies was announced on March
22, 2012, when NEC agreed to acquire the business for $449 million in cash
subject to purchase price adjustments.

About Convergys

Convergys Corporation (NYSE: CVG) is a global leader inrelationship
management. We provide solutions that drive more value from the relationships
our clients have with their customers. Convergys turns these everyday
interactions into a source of profit and strategic advantage for our clients.

For more than 30 years, our unique combination of domain expertise,
operational excellence, and innovative technologies has delivered process
improvement and actionable business insight to marquee clients all over the
world.

Convergys has approximately 75,000 employees in 69 customer contact centers
and other facilities in the United States, Canada, Latin America, Europe, the
Middle East, Africa, and Asia, and our global headquarters in Cincinnati,
Ohio. For more information, visit www.convergys.com

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

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Contacts:

David Stein, Investor Relations
+1 513 723 7768 or investor@convergys.com

Jeff Hazel, Public/Media Relations
+1 513 723 7153 or jeff.hazel@convergys.com

Contact:

Convergys Corporation
David Stein, Investor Relations
+1 513 723 7768 or investor@convergys.com
or
Jeff Hazel, Public/Media Relations
+1 513 723 7153 or jeff.hazel@convergys.com