Pactera's Special Committee Hires Financial Advisor to Assist in Evaluating 'Going Private' Proposal

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Pactera Technology International Ltd.
PACT
("Pactera" or the "Company"), a global consulting and technology services provider strategically headquartered in China, today announced that its Special Committee of the Board of Directors (the "Special Committee"), which was formed to consider a proposal by a consortium comprised of an affiliate of funds managed or advised by Blackstone, the Company's non-executive Chairman, Chris Chen, its Chief Executive Officer, Tiak Koon Loh, and its Executive Committee members, David Chen, Sidney Huang, and Jun Su, to acquire all of the outstanding shares of Pactera not currently owned by such consortium members in a going private transaction (the "Proposed Transaction"), has retained J.P. Morgan Securities (Asia Pacific) Limited as its financial advisor to assist the Special Committee in its evaluation of the Proposed Transaction and any potential alternative transactions. No decisions have been made by the Special Committee with respect to the Company's response to the proposal and there can be no assurance that any definitive offer will be made, that any agreement will be executed or that this or any other transaction will be approved or consummated. (Logo: http://photos.prnewswire.com/prnh/20130118/CN37843LOGO ) About Pactera Pactera Technology International Ltd., formed by a merger of equals between
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