TeleTech Chairman and CEO Acquires Additional 420K Shares of TeleTech Stock via Option Exercise

TeleTech Holdings, Inc.

today announced that Ken Tuchman, chairman and chief executive officer, exercised options to purchase 420,000 shares of TeleTech common stock at $7.95 per share for a total of $3.3 million on September 6, 2011. Mr. Tuchman currently intends to retain all 420,000 shares. The exercised options were granted to Mr. Tuchman in October 2001 and are scheduled to expire on their 10-year anniversary in October 2011.