X0306 4 2016-07-08 0 0001297989 ExlService Holdings, Inc. EXLS 0001465521 Chhibbar Vishal 280 PARK AVENUE NEW YORK NY 10017 0 1 0 0 EVP & CFO Common Stock, par value $0.001 per share 2016-07-08 4 M 0 2750 19.76 A 6720 D Common Stock, par value $0.001 per share 2016-07-08 4 S 0 2750 53.40 D 3970 D Employee Stock Options (right to buy) 19.76 2016-07-08 4 M 0 2750 0 D 2021-02-03 Common Stock, par value $0.001 per share 2750 0 D On July 8, 2016 the reporting person exercised previously issued options to purchase an aggregate of 2,750 shares of common stock of ExlService Holdings, Inc. This sale was made pursuant to a 10b5-1 plan previously entered into by the reporting person. On February 3, 2011, the reporting person was granted 11,050 stock options. 10 percent of these options became vested and exercisable on February 3, 2012, an additional 20 percent became vested and exercisable on February 3, 2013, an additional 30 percent became vested and exercisable on February 3, 2014, and the balance of 40 percent became vested and exercisable on February 3, 2015. Mr. Oseni is the Company's Head of Administration and Accounts. /s/ Lazbart Oseni, Attorney-in-Fact 2016-07-12