Sykes Enterprises, Incorporated Announces Secondary Public Offering

Tampa, FL., September 23, 1996 Sykes Enterprises, Incorporated (SEi) (Nasdaq: SYKE) announced that it has filed a registration statement with the Securities and Exchange Commission on September 23 for a proposed public offering of 2,600,000 shares of common stock. Of the 2,600,000 shares being offered, 1,553,320 are being offered by the Company and 1,046,680 shares are being offered by certain shareholders of SEi.

Raymond James & Associates, Inc., Robert W. Baird & Co. Incorporated, and Oppenheimer & Co., Inc. will be the managing underwriters for the offering.

SEi, with headquarters in Tampa, Florida, completed its initial public offering in April 1996. The company, with more than 2,800 employees, provides a wide array of information technology outsourcing services to Fortune 500 companies. Through nine state-of-the-art Customer Support Centers, SEi provides technical hardware and software product support and help desk services. Through its staff of technical professionals, SEi also provides systems consulting, foreign language localization and documentation development.

SEi intends to use the net proceeds received by it from the offering to open additional Customer Support Centers, make additional capital expenditures, and for working capital and general corporate purposes, including possible acquisitions.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. The securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any state.

A prospectus relating to the offering may be obtained by contacting Raymond James & Associates, Inc., 880 Carillon Parkway, St. Petersburg, Florida 33716 at (813) 573-3800; Robert W. Baird & Co. Incorporated, 201 North Franklin Street, Suite 2800, Tampa, Florida 33602 at (813) 221-3030; or Oppenheimer & Co., Inc., 200 Liberty Street, New York, New York 10281 at (212) 667-7000.