Price per Intrum Justitia Share Set at SEK 47


STOCKHOLM, Sweden, June 7, 2002 (PRIMEZONE) -- The price per share in Intrum Justitia AB (publ) ("Intrum Justitia") has been set at SEK 47, implying a market value of the company of SEK 4.0 billion. There has been significant interest in subscribing for shares in Intrum Justitia and the offering was more than 12 times subscribed. Intrum Justitia shares will be traded on Stockholmborsen's O-list from June 7, 2002, under the ticker "IJ."

The offering provides Intrum Justitia with net proceeds of SEK 1,350 million.

"The listing gives us a good foundation for enhancing our leadership in the market for Receivables Management Services," said Peter Sjunnesson, Chief Executive Officer of Intrum Justitia. "We intend to play an active role in the consolidation of the RMS industry and the listing is an incentive for faster growth."

The offering comprise a new issue of 30,638,298 shares, as well as the sale of 756,107 shares by certain members of Intrum Justitia's management, totaling 31,394,405 shares. Thus, the total value of the offering amounts to approximately SEK 1.5 billion. In addition, the Industri Kapital 1997 Fund and Synergy Ltd are committed to sell approximately 4.7 million additional shares, at the request of the participating banks, to cover any over-allotment of shares.

Intrum Justitia has approximately 3,000 shareholders following the offering. The new shareholders will own 37 percent and the Industri Kapital 1997 Fund and Synergy Ltd. will each hold 28 percent of the company, prior to a potential exercise of the over-allotment option.

The information contained herein is not for release, publication ordistribution in or into the United States of America, Canada, Australiaor Japan. This press release does not constitute an offer of securitiesfor sale in the United States of America, Canada, Australia or Japan.The securities may not be offered or sold in the United States absentregistration or an exemption from registration, and any public offeringof securities to be made in the United States will be made by means of aprospectus that may be obtained from the issuer and that will containdetailed information about the company and management as well asfinancial statements. Stabilisation/FSA.

Carnegie and Enskilda Securities are lead managers and joint bookrunnersfor the offering, with Cazenove as co-lead manager.

Intrum Justitia in brief

Intrum Justitia is a leading European RMS company. The company's services span from the initial invoice to the final payment. Intrum Justitia's objective is to be a leading provider of receivables management services in Europe through excellence in local client care, ledger administration and debt collection and by measurably improving clients' cash flow and long-term profitability.

The company has a broad and diverse base of more than 82,000 clients and 2,600 employees in 21 countries. In 2001, group revenues were SEK 2,321 million, and adjusted EBITA was SEK 395 million, resulting in an adjusted EBITA margin of approximately 17 percent. The group's profitability is based upon regional synergies and utilizing European best practices, organic growth and selective acquisitions and a continuous building if the brand.

More and more companies are discovering that they can improve their cash flow by engaging RMS companies, that specialize in knowing what measures needs to be taken and when. During the period 1997 - 2001, Intrum Justitia achieved annual revenue growth of approximately 19 percent, including acquisitions. The organic annual revenue growth during the same period was approximately 13 percent. The goal is to achieve an organic revenue growth of more than 10 percent per annum over a full business cycle.

The RMS-industry in Europe is fragmented with 25,000 companies, representing numerous acquisition opportunities. Due to its size, Intrum Justitia can realize economies of scale and synergies in acquired companies.

More information can be found on the Internet, www.intrum.com


For additional information, please contact:

Peter Sjunnesson,          Anders Antonsson, Investor Relations
President & CEO            Tel: +46 8 546 10 206
Tel: +46 8 546 10 200      Mobile: +46 703 36 78 18
                           E-mail: a.antonsson@se.intrum.com

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