SPi Continues to Rank in Top 10 in Global Services 100 Survey

WASHINGTON, DC--(Marketwire - February 12, 2008) - SPi, a leading global provider of business process outsourcing solutions, announced today that it has been ranked No. 3 in the "Leader, Emerging Asian Markets" category, No. 6 in "Best Performing BPO Provider" category and No. 9 in "Leader, Human Capital Development" category in the 2008 Global Services 100 Survey conducted by Global Services magazine and neoIT, an outsourcing advisory firm.

The Global Services 100 is a ranking of the world's top 100 service providers across various BPO and IT sectors. In developing the ranking, Global Services and neoIT collected third-party and participant-provided data to evaluate and score service providers across four major categories -- operational excellence, human capital, service offerings, and client relationships.

SPi has consistently been in the Top 10 list of "Best Performing BPO Providers" and "Leaders, Human Capital Development" since 2005. This year, SPi not only maintains its Top 10 ranking in these categories, but it has also been included in the Top 3 of another category, "Leader, Emerging Asian Markets."

Reflecting on the latest rankings, Peter Maquera, SPi's President and CEO, commented, "Being ranked as a top-tier BPO Provider and a Leader in Human Capital Development for four consecutive years is confirmation of our unwavering commitment to grow our people, our strategic partnership approach with our clients and our resolute promise to continuous process improvements in everything that we do."

Maquera went on to say, "We are also delighted to see that SPi has been included in the 'Leader, Emerging Asian Markets' for the first time. Our high ranking in this category is a testament to our ability to compete with other large outsourcing companies in India, China and even in the Philippines in terms of scope of service, quality and cost-effectiveness. These recognitions truly reflect our commitment to making SPi the Employer of Choice, Vendor of Choice, and Investment of Choice," Maquera added.

SPi has consistently received recognitions from various global industry experts. In 2007, the International Association of Outsourcing Professionals (IAOP) ranked SPi as one of the Top Outsourcing Leaders and gave the company citations in the Healthcare, CRM Services, Document Management, Administration and Corporate Services sections. The 2007 Socha-Gelbmann Electronic Discovery Survey also included SPi among its Top 20 Overall Service Providers.

About Global Services

Global Services is a media platform with a portfolio that includes a magazine, website, events, newsletter and customized solutions. The company's audience consists of corporate professionals engaged in the sourcing and management of business and technology services. It is owned by CyberMedia (India) Limited (www.globalservicesmedia.com).

About neoIT

neoIT is a management consulting firm that helps leading corporations improve and grow their business by capitalizing on services globalization. Through a blend of strategic advisory services and hands-on execution support, neoIT provides advice and management expertise on the globalization of Information Technology (IT) and Business Process Outsourcing (BPO) services (www.neoIT.com).

About SPi

SPi is a leading full-service Business Process Outsourcing (BPO) solutions provider with offices and facilities across North America, Europe, and Asia. SPi has more than 14,000 employees worldwide delivering a wide range of call center and knowledge-based outsourcing services to diversified markets, including Healthcare, Legal, and Publishing. SPi consistently improves operating efficiency, lowers costs, and helps to strengthen the competitive position of more than 500 clients.

SPi is owned by ePLDT, Inc. ePLDT, Inc. is a wholly-owned subsidiary of the Philippine Long Distance Telephone Company (PLDT), the leading telecommunications provider in the Philippines. PLDT is listed on the Philippine Stock Exchange (PHP: TEL), and its American Depository Shares are listed on the New York Stock Exchange (NYSE: PHI).

For more information on SPi, visit www.spi-bpo.com.

Contact Information: Contact: Elizabeth Nolan SPi Washington, DC (202) 449 7692