TTEC Holdings, Inc. — Director's Dealing 2011

May 16, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TELETECH HOLDINGS INC (TTEC)
CIK: 0001013880
Period of Report: 2011-05-12

Reporting Person: BARLETT JAMES E (Director, Vice Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-12	Common Stock	M	17962	$7.84	Acquired	374247	Direct
2011-05-12	Common Stock	S	17962	$19.4434	Disposed	356285	Direct
2011-05-13	Common Stock	M	317	$7.84	Acquired	356602	Direct
2011-05-13	Common Stock	S	317	$19.43	Disposed	356285	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-05-12	Employee Stock Option (Right to Buy)	$7.84	M	17962	Disposed	2011-10-15	Common Stock (17962)	Direct
2011-05-13	Employee Stock Option (Right to Buy)	$7.84	M	317	Disposed	2011-10-15	Common Stock (317)	Direct

Footnotes

F1: The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting person on December 13, 2010.

F2: Represents the weighted average price of multiple transactions with a range of prices between $19.43 and $19.54. The Reporting Person, upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, undertakes to provide further information regarding the number of securities purchased at each separate price.

F3: The option vested in four equal annual installments on October 15, 2002, 2003, 2004 and 2005.