Intrum Justitia Statement on Outlook for Operations in United Kingdom and Ireland

In connection with the Year End Report 2008, Intrum Justitia today stated that the Group’s operations in the United Kingdom and Ireland region were subject to a number of strategic measures to improve profitability and that in the long run the UK and Ireland losses are unacceptable.

"Our focus during Q1 has been on long term profitability in existing client relationships in the region," says Lars Wollung, CEO and President of Intrum Justitia. "Our Purchased debt business in the UK is doing well and we are considering strategies for addressing our CMS business."

On April 6 an unauthorized press release was disseminated by Intrum Justitia’s UK subsidiary, Intrum Justitia UK Ltd. In the press release certain statements were made that regrettably are incorrect. The actual facts are as follows:

1. Intrum Justitia has no current plans to increase its UK workforce.
2. Although 2008 was described in the press release as a successful year in the region, profitability has in fact been far below expectations.

The circumstances surrounding the UK press release are currently under internal investigation.

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 3,300 employees in 24 markets and revenues of approximately SEK 3.7 billion ($448 million). Intrum Justitia AB is listed on Nasdaq OMX Stockholm since 2002. For further information, please visit www.intrum.com.