Intrum Justitia adjusts operational capacity in UK CMS business

Intrum Justitia adjusts operational capacity in UK CMS business

Intrum Justitia has completed a review of its operations in UK. The outcome of
this review is that Intrum Justitia will increase its focus on the business area
Purchased Debt in England. As a consequence; staff in the English operation will
be reduced by 247 employees by the end of the third quarter 2009. 
As previously communicated the Scottish business has been sold.
In Ireland the number of employees has been reduced from 40 to 30 and a new
management structure is implemented. 
The cost for the changes in England and Ireland is estimated to be around EUR 4
M, and will be reported as a restructuring cost in the third quarter financial
results.


For further information, please contact: 

Lars Wollung, CEO and President
Tel: +46 8 546 10 202

Marcel van Es, Regional Managing Director UK and Ireland
Tel: +31 653 173 254




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 around 3,400 employees
in 23 markets and revenues of approximately SEK 3.7 billion. Intrum Justitia AB
is listed on Nasdaq OMX Stockholm since 2002. For further information, please
visit www.intrum.com