Intrum Justitia Adjusts Organizational Structure

Stockholm, Sweden — Credit Management Services (accounts receivable management) company Intrum Justitia (STO:IJ) has decided to create three geographical regions in order to facilitate the continuous growth and development of the company.

“By creating fewer and larger regions we will be able to launch new services faster and benefit from the economies of scale gained across the entire Intrum Justitia Group. I see this as a step forward on our journey to becoming the leading pan-European Credit Management Services company,” says Lars Wollung, President and CEO of Intrum Justitia AB.

The new organisation consists of three regions:

Northern Europe – Denmark, Estonia, Finland, Latvia, Lithuania, Norway, Poland and Sweden

Central Europe – Austria, Czech Republic, Germany, Hungary, Slovakia and Switzerland

Western Europe – Belgium, France, Italy, Ireland, Netherlands, Portugal, Spain and United Kingdom

Region CEE (Central and Eastern Europe) will be dissolved and country operations of Czech Republic, Slovakia and Hungary will be included in the new region Central Europe, led by Regional Managing Director Thomas Hutter, who currently is Regional Managing Director for Austria, Germany and Switzerland. The operations in Poland will be included in region Northern Europe with Rickard Westlund as Regional Managing Director.

Region Southern Europe, region Belgium & Netherlands and region UK & Ireland will be merged into Region Western Europe, led by the Regional Managing Director Pascal Labrue. At present Pascal Labrue is the Regional Managing Director of region Southern Europe.

Regional Managing Directors Marcel van Es and Boguslaw Skuza will leave their current positions and will be assisting the Regional Managing Directors to ensure an efficient and satisfying transition into the new regions.

“Marcel van Es has successfully turned around the loss making business in UK and Ireland, and at the same time managed the region Belgium and Netherlands. Boguslaw Skuza has led the region Central Eastern Europe during a couple of turbulent years, impacted by the macroeconomic crisis, and now the region has left the acute crisis situation”, says Lars Wollung.

“These changes are important steps for us to take, to create the dynamic and client focused organisation that we are striving for. They will enable us to capitalise on the economies of scale the new organisational structure will provide and allow Intrum Justitia to become even more cost efficient. I look forward to continuing this journey together with my dedicated management team and staff”, Lars Wollung concludes.

The new regions will be formed from October 1st 2010. Pro-forma figures will be distributed before the Full-year release of February 9th 2011.

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 22 countries and revenues of approximately SEK 4.1 billion ($612.5 million) in 2009. Intrum Justitia AB is listed on NASDAQ OMX Stockholm since 2002. For further information, please visit www.intrum.com