SPi Named in IAOP's Global Outsourcing 100 Ranking

Third Consecutive Year of Being Ranked as a 'Leader'; Top Tier Recognition in Five Sub-Categories


NEW YORK, NY--(Marketwire - June 10, 2008) - SPi, a leading global BPO provider, announced today that it has been ranked 17th on the International Association of Outsourcing Professionals (IAOP)'s "2008 Global Outsourcing 100" List. This marks the third consecutive year that SPi has been named on IAOP's annual listing of the world's best outsourcing service providers. With the latest ranking in the 'Leaders' category, SPi has improved its position in the listing by 15 places.

SPi also captured a spot on the following Global 100 sub-lists:

--  Best 10 Companies by Service Offered: Administrative & Corporate
    Services
--  Best 10 Companies by Industry Focus: Entertainment and Media
--  Best 10 Companies in Asia/Pacific Rim by Employee Presence
--  Best 20 Companies by Service Offered: Customer Relationship Management
--  Best 20 Companies by Service Offered: Document Management
    

Originally established to provide companies with an objective methodology for comparing service providers, the Global Outsourcing 100 and its sub-lists are designed to help companies find and develop relationships with the best companies in the outsourcing industry. To make the list, companies are rated according to 18 criteria, with final rankings determined by a weighted average of judges' scores on size and growth rate, customer references, documented competencies and management capabilities. SPi received high scores in all these areas and the top score for strong customer references.

"SPi is pleased and honored to have made The Global Outsourcing 100 list for the third year in a row. This recognition underscores our commitment to delivering best-in-class solutions and bringing tangible value to our clients," said Peter Maquera, President and CEO of SPi. He went on to say, "It also reflects the quality of our people, whose competencies and dedication have enabled us to become long-term trusted partners to our clients."

About IAOP

The International Association of Outsourcing Professionals (IAOP) is a global association that brings together the world's leading outsourcing customers, providers and advisors to exchange thought leadership, share best practices and network to maximize their effectiveness at using outsourcing as a management tool.

The Global Outsourcing 100 is IAOP's annual ranking of the world's best outsourcing providers. The full listing of the 2008 Global Outsourcing 100 can be seen at http://www.outsourcingprofessional.org/content/23/152/1197/.

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