Sykes Enterprises, Incorporated Authorizes a New 5 Million Share Repurchase Plan

Sykes Enterprises, Incorporated SYKE, a global leader in providing outsourced customer contact management solutions and services in the business process outsourcing arena, announced today that its Board of Directors has authorized the repurchase of up to 5 million shares of its outstanding common stock to be obtained either in the open market or through privately negotiated purchases. This new share repurchase authorization plan is in addition to the previously-announced 3 million share repurchase program authorized in August 2002, of which approximately 2.8 million shares have already been repurchased. As of July 29, 2011, there were approximately 47.1 million shares of common stock outstanding.