STOCKHOLM, Sweden, Oct. 8, 2002 (PRIMEZONE) -- John Easden has been appointed Managing Director of Intrum Justitia (Other OTC:INJJF) in England and Wales. Mr. Easden is 39 years of age and has a strong background in sales and marketing, gained through experience of financial services markets. For the last four years he has worked for Abbey National, most recently as Commercial Director. Prior to joining Abbey, he was Head of Marketing at Alliance and Leicester Building Society.
"The appointment of Mr. Easden gives us a continued strong management team in all parts of the United Kingdom," said Bertil Persson, acting CEO of Intrum Justitia Group. "The recent acquisition of Stirling Park gave us a strong presence in Scotland, which along with the operations in Ireland, England and Wales make Intrum Justitia the leading provider of Receivables Management Services in the United Kingdom."
In the United Kingdom, the Intrum Justitia Group provides outsourcing services at all stages of the receivables management process to a diverse portfolio of consumer facing and business to business clients, including names such as Dell, Barclays and Great Universal Stores.
For additional information, please contact: Anders Antonsson, Investor Relations, Tel: +46 8 546 10 206, Mobile: +46 703 36 78 18, E-mail: a.antonsson@se.intrum.com
Intrum Justitia Europe's leading Receivables Management Services Groups. The Group has revenues of over SEK 2.3 billion and has about 2,600 employees in 21 European countries. Intrum Justitia's objective is to be a leading provider of RMS 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 Group offers efficient high quality management of commercial and consumer receivables in all phases in the RMS process. Intrum Justitia has a growth strategy and aims to take active part in consolidating its industry. Intrum Justitia is listed on Stockholmsborsen (the Stockholm Exchange), ticker IJ. For more information, please visit www.intrum.com.
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