Intrum — M&A Activity 2008

Dec 2, 2008

Corporate identity no.: 556607-7581 (page 1 of 1)

Intrum Justitia AB (publ) Stockholm, Sweden, December 2, 2008

Press Release --- Intrum Justitia may be required to disclose the information provided herein pursuant to the Swedish Securities and Clearing Operations Act and/or the Financial Instruments Trading Act. The information was provided for public release on Tuesday, December 2, 2008 at 7:00 a.m. CET.

Two strategic acquisitions in France

Intrum Justitia has acquired the French companies Cronos group* and SSE**.

Cronos and SSE have together 80 employees, a revenue of EUR 7.3 million (2007) and an operating margin just above thirteen percent. The acquisitions raise Intrum Justitia's market share in France to 20 percent and increases revenues in The Southern Region by 11 percent.

"The acquisitions fit perfectly with Intrum Justitia's strategy to improve our market position in the large markets France, Germany, Spain and Italy", says Monika Elling, CFO and Acting CEO of Intrum Justitia.

"Through these acquisitions we invest in additional expertise in credit management services, in order to face up to our clients challenges in the current financial situation in the best possible way", says Pascal Labrue, Regional Managing Director Southern Europe, and continues; "Furthermore, Cronos and SSE together command a strategically important market position, particularly in the banking sector and in B2B, creating an opportunity to build an even stronger position in these segments".

The Cronos group and SSE will be consolidated into Intrum Justitia's French organization in 2009. Synergies are expected by coordinating overlapping operations and introducing Intrum Justitia's scoring and technical platform.

The purchase price is based on a cash and debt free valuation of EUR 6.6 million, which produces valuation multiples comfortably below Intrum Justitia's. The large part of the purchase price is attributable to goodwill. The EPS impact including synergies, integration costs and amortization of intangibles is expected to be close to zero in 2009 and turning to slightly positive in 2010.

* Centre de Gestion Financiere et Contentieux SAS and its wholly owned subsidiary CRVM SAS ** Société de services d'entreprises

For further information, please contact:

Monika Elling, Chief Financial Officer and Acting Chief Executive Officer, Intrum Justitia AB Telephone: +46 8 546 102 00

Sophie Hammarskjöld, Chief Communications Officer, Intrum Justitia AB Telephone: +46 8 546 10 203, mobile: +46 76 768 52 63 s.hammarskjold@intrum.com

Intrum Justitia is Europe's leading Credit Management Services (CMS) group, with revenues of approximately SEK 3.6 billion and 3,600 employees in 24 markets. Intrum Justitia offers services designed to measurably improve clients' cash flows and long-term profitability. Intrum Justitia AB is listed on the Nordic Exchange, Mid Cap list. For further information, please visit www.intrum.com