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USD ($)

USD ($) / shares
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    &lt;!-- Begin Block Tagged Note 20 - wns:RedeemableNonControllingInterestDisclosureTextBlock--&gt;
    &lt;div style="font-family: 'Times New Roman',Times,serif"&gt;
    &lt;div align="left" style="font-size: 10pt; margin-top: 12pt"&gt;&lt;b&gt;20. JOINT VENTURE WITH ACS&lt;/b&gt;
    &lt;/div&gt;
    &lt;div align="left" style="font-size: 10pt; margin-top: 6pt"&gt;In April&amp;#160;2008, the Company formed a joint venture, WNS Philippines, with Advanced Contact
    Solutions, Inc. (&amp;#8220;ACS&amp;#8221;), a BPO services and customer care provider, in the Philippines. ACS has
    assigned its rights and obligations under the joint venture agreement in favour of its holding
    company Paxys Inc. Philippines (&amp;#8220;Paxys&amp;#8221;). This joint venture is majority owned by the Company (65%)
    and the balance by Paxys. This joint venture offers contact center services to global clients
    across industries. This joint venture enables the Company to bring a large scale talent pool to
    help solve the business challenges of its clients while diversifying the geographic concentration
    of delivery. Pursuant to the joint venture agreement, the Company has a call option to acquire from
    Paxys the remaining shares owned by Paxys and Paxys has a put option to sell all of its
    shareholding in the joint venture to the Company, upon the occurrence of certain conditions, as set
    forth in the joint venture agreement, or after August&amp;#160;6, 2012. The Company accounts for securities
    with redemption features that are not solely within its control in accordance with ASC 480-10
    &amp;#8220;&lt;i&gt;Distinguishing Liabilities from Equity&lt;/i&gt;&amp;#8221;. Accordingly, as certain of the conditions of the put
    option and call option are not within the control of the Company, this redeemable noncontrolling
    interest has been classified as temporary equity. The Company recognizes changes in the redemption
    value of the redeemable noncontrolling interest immediately and adjusts the carrying value of the
    security to equal the redemption value at the end of each reporting period. Reductions in the
    carrying amount are only recorded to the extent that increases in the carrying amount had been
    previously recorded. The redeemable noncontrolling interest is first adjusted with its share of
    profits/losses in WNS Philippines and, to the extent that this is less than the redemption amount
    determined in accordance with ASC 480-10, the difference is charged to retained earnings. The
    charge to retained earnings does not affect net income attributable to WNS (Holdings) Limited
    shareholders&amp;#8217; in the Company&amp;#8217;s income statement, but reduces the numerator in the calculation of
    earnings per share. The redeemable noncontrolling interest has been valued based on the terms of
    the call option, because the Company&amp;#8217;s call option has priority over the put option. If, in the
    future, the redemption amount under the call option (which is based on a multiple of WNS
    Philippines&amp;#8217; net income) is greater than the put option (which is based on Paxys&amp;#8217; initial
    investment in WNS Philippines), the redeemable noncontrolling interest will be valued at the
    redemption amount under the put option.
    &lt;/div&gt;
    &lt;div align="left" style="font-size: 10pt; margin-top: 6pt"&gt;As at March&amp;#160;31, 2011 the carrying amount of the redeemable noncontrolling interest adjusted for its
    share of losses is less than the redemption amount by $355, which is charged to retained earnings.
    As at March&amp;#160;31, 2010 the carrying amount of the redeemable noncontrolling interest adjusted for its
    share of losses exceeds the redemption amount, and accordingly, no amount is charged to retained
    earnings.
    &lt;/div&gt;
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    &lt;!-- /Folio --&gt;
    &lt;/div&gt;
    &lt;!-- PAGEBREAK --&gt;
    &lt;div style="font-family: 'Times New Roman',Times,serif"&gt;
    &lt;div align="center" style="font-size: 10pt; margin-top: 0pt"&gt;
    &lt;b&gt;
    &lt;/b&gt;
    &lt;/div&gt;
    &lt;/div&gt;
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