Executive Change: Bengt Lejdstrom Named CFO at Intrum Justitia

Stockholm, Sweden — Accounts receivable management company Intrum Justitia announced today the hiring of Bengt Lejdström to fill the role of Chief Financial Officer.

Bengt Lejdström is currently CFO of the management and IT consulting company Acando AB, with revenues of 150 million EUR, 1,100 employees and operations in six countries, listed on Nasdaq OMX Stockholm. Bengt Lejdström has also been acting CEO for Acando the last six months. Prior to Acando, Bengt Lejdström worked for Nasdaq OMX Stockholm, the European Central Bank, and as a management consultant in the financial services industry.

“I am very pleased and gratified that Bengt has decided to accept the offer to become our CFO,” says Lars Wollung, President and CEO of Intrum Justitia. “Intrum Justitia is in a process of strategic transformation that is expected to continue for a number of years. Bengt has vast experience of corporate performance management, operational excellence and acquisitions, which are critical for our transformation journey. Furthermore, he has a documented knowledge of the corporate life of a listed company."

Bengt Lejdström will take over as CFO as soon as possible, though no later than December 12, 2009. He replaces Monika Elling, who, as earlier announced, has been appointed Regional Managing Director for Intrum Justitia in Scandinavia.

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 3,400 employees in 24 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