Intrum Justitia Norge AS has been granted a license to

Intrum Justitia Norge AS has been granted a license to conduct collection
operations 

Kredittilsynet, the Financial Supervisory Authority of Norway, which oversees
debt collection, has decided today to grant a debt collection license to Intrum
Justitia Norge AS, which means Intrum Justitia can continue to pursue operations
in Norway. Intrum Justitia Norge AS was established in November 2007. 

Intrum Justitia has been working since 2005 to improve routines and processes in
its Norwegian operations. The regrettable errors in the routines that were
discovered in summer 2007 and led Kredittilsynet to recall the company's license
to conduct debt collections were quickly resolved without any individuals
incurring financial harm. Administrative controls have been strengthened and the
new production system has been reviewed and revised by a Norwegian external
auditing firm. Changes have also been made in the Norwegian subsidiary's
management and board of directors.
“Naturally we are pleased with Kredittilsynet's decision to grant Intrum
Justitia Norge AS a license. We see the decision as confirmation that we can
continue to build our business in the Norwegian market, and it is positive for
both our clients and employees,” says Jan Graesvik from Intrum Justitia AS.
Today's decision does not affect Intrum Justitia's appeal to the Ministry of
Justice of Kredittilsynet's November 2007 decision to recall the company's
license.


Jan Graesvik, Communications Manager, Intrum Justitia AS
Telephone: +47 917 04 670
j.graesvik@no.intrum.com

Sophie Hammarskjöld, Communications Manager, Intrum Justitia AB
Telephone: +46 8 546 10 203, mobile: +46 76 768 52 63 
s.hammarskjold@intrum.com 


Intrum Justitia is Europe's leading Credit Management Services (CMS) group, with
revenues of approximately SEK 3.2 billion and around 3,100 employees in 24
markets. Intrum Justitia strives to measurably improve its customers' cash flows
and long-term profitability by offering high quality in relationships with both
customers and debtors in each local market. The group offers a wide range of
services to manage commercial and consumer receivables. Intrum Justitia AB
(ticker IJ) is listed on the OMX Nordic Exchange in Stockholm, Mid Cap list. For
more information, please visit www.intrum.com
Intrum Justitia Norge AS has been granted a license to conduct collection operations

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