Intrum Justitia's Norwegian subsidiary regains its debt collection license

Intrum Justitia's Norwegian subsidiary regains its debt collection license

The Norwegian Ministry of Justice today reverses the Financial Supervisory
Authority's November 2007 decision.

Since the Norwegian Financial Supervisory Authority, Kredittilsynet, decided to
revoke Intrum Justitia's debt collection license in Norway, the company has
taken a number of measures to further strengthen control and administrative
security.  Administrative systems have been reviewed and improved and the
production system has undergone an external audit. The decision by the Ministry
of Justice proves that Intrum Justitia's Norwegian operations now meet very high
security standards. 

“We are of course very pleased with this confirmation that our operations
maintain high standards and clearly meet regulatory requirements on control and
routines,” says Michael Wolf, CEO and President of Intrum Justitia. “We can now
put this matter behind us and continue to work to further strengthen our market
position in Norway with a leaner organization under the leadership of Reidun
Korsnes, our new Managing Director in Norway who will be joining us shortly.” 


For further information, please contact: 

Michael Wolf, CEO and President
Mobile: +46 702 784 559

Sophie Hammarskjöld, Chief Communications Officer
Tel: +46 8 546 102 03. Mobile: +46 767 685 263 
E-mail: s.hammarskjold@intrum.com


Intrum Justitia is Europe's leading Credit Management Services (CMS) group, with
revenues of approximately SEK 3.2 billion and 3,100 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