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Intrum M&A Activity 2010

Dec 21, 2010

2930_rns_2010-12-21_a0b370bc-299a-4eb9-b5b3-fbe47b3d20e3.pdf

M&A Activity

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Stockholm 21 December 2010 (page 1 of 2)

PRESSRELEASE

Intrum Justitia AB (publ) Corporate identity no.:556607-7581

Intrum Justitia is required to disclose the information provided herein pursuant to the Swedish Securities Markets Act and/or the Swedish Financial Instruments Trading Act. The information was provided for public release onTuesday December 21 2010, at 8:30 a.m. CET.

Intrum Justitia acquires Nice Invest Nordic AB which focuses on purchased debt in post-order and e-trading

Intrum Justitia strengthens its market position in Sweden by acquiring Nice Invest Nordic AB, which focuses on investing in purchased debt from customers in post-order and etrading and in financial receivables arising in such operations. The acquisition entails an existing portfolio, as well as an agreement covering forward flow contracts. The total purchase price amounts to around SEK 290 M.

"With the acquisition of Nice Invest Nordic, we are making a substantial investment in purchased debt in Sweden and Finland. Nice Invest Nordic's customers are mainly post-order and e-trading companies, a segment in which we haven't been particularly strong previously. We are now strengthening our position in the e-trading segment considerably. In addition, we are increasing our revenues in Purchased Debt, which is an important objective for us," says Rickard Westlund, Regional Managing Director, Northern Europe.

The acquisition entails Intrum Justitia acquiring Nice Invest Nordic AB's existing purchased debt portfolios for SEK 175 M. Intrum Justitia will also receive exclusive agreements for monthly purchases of forward flows (credit that has been written off or passed maturity) for a total capital sum of about SEK 915 M over the next five years. The agreements involve investments in Sweden and Finland.

"Activity in the market for investment in purchased debt portfolios has increased towards the end of 2010 and we believe there will continue to be favorable opportunities for attractive investments over the next few years. Our objective is to increase our rate of investment in this area and the acquisition of Nice Invest Nordic is naturally a good indication that we are on the right path," says Lars Wollung, President and CEO of Intrum Justitia AB.

The purchase sum totals approximately SEK 290 M, covering existing portfolios and an advance payment for future monthly investments. The complete portfolio has been analyzed and assessed in accordance with Intrum Justitia's customary principles and return requirements. The acquisition will be consolidated from December 31, 2010.

For further information, please contact:

Lars Wollung, CEO and President Tel: +46 8 546 102 00

Rickard Westlund, Regional Managing Director, Northern Europe Tel: +46 8 546 102 00

Annika Billberg, IR & Communications Director Tel: + 46 8 546 102 03, + 46 702 67 97 91, [email protected]

Intrum Justitia is Europe's leading Credit Management Services (CMS) group and offers services designed to measurably improve clients' cash flows and long-term profitability. Intrum Justitia was founded in 1923, has 3,100 employees in 22 countries and revenues of approximately SEK 4.1 billion in 2009. Intrum Justitia AB is listed on NASDAQ OMX Nordic Exchange Stockholm since 2002. For further information, please visit www.intrum.com.