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

TeleTech Holdings, Inc.

, one of the largest global providers of transformational customer experience strategy, technology and business process outsourcing solutions, today announced that Ken Tuchman, chairman and chief executive officer, exercised options to purchase 420,000 shares of TeleTech common stock at $11.83 per share for a total of $5.0 million on December 16, 2011. Mr. Tuchman currently intends to retain all 420,000 shares. The exercised options were granted to Mr. Tuchman in February 2002 and are scheduled to expire on their 10-year anniversary in February 2012.