EnterCard appoints Intrum Justitia as credit management service partner

EnterCard appoints Intrum Justitia as credit management service partner

The cooporation includes credit information services (scoring) and debt
collection services for the Swedish EnterCard business.

- We chose Intrum Justitia based on their experience and knowledge of
the services comprised in our agreement. Furthermore, Intrum will be
able to provide uniform solution across all our markets, says Annika
Dolve, Head of Credit Risk Existing Customer Management at EnterCard.

The agreement that Intrum Justitia has closed with EnterCard includes
debt collection services for both private consumers as well as
companies. The aim of the cooperation is to further increase the
efficiency within the management of unpaid claims. This will be reached
by good quality in processes, customer related management and
atomization of transaction flows. In that way more time can be spent to
support and find good solutions for EnterCards clients with lower
payment ability.

- We look forward to cooperate with EnterCard and feel confident that we
are able to deliver substantial result improvements and solution that
supports EnterCards growth and existing customer relations, says Rickard
Westlund, Managing Director Intrum Justitia Sverige AB.

- Intrum Justitiua is the leading provider of credit management services
in Scandinavia as well as Europe and we see a great potential to
continue the development of our offer towards the finance industry. The
agreement with EnterCard is an important acknowledgment that we have
succeeded in our ambitions and we are of course very pleased to be given
this confidence, concludes Rickard Westlund.

EnterCard is a group of credit-card issuing companies operating in the
Nordic region. EnterCard was founded in 2005 by Barclays Bank Europe's
biggest credit-card company and global powerhouse in consumer finance
and Swedbank - the leading retail bank in the Swedish and Baltic region.
EnterCard issues and manages credit cards on behalf of partners, and
directly to consumers using our own consumer brand re:member. Today
EnterCard has over 1,5 million customers in the Nordic region and over
270 employees, based in Stockholm, Oslo, Trondheim, Copenhagen and
Helsinki. www.entercard.com (http://www.entercard.com). 

For further information, please contact:

Rickard Westlund, Managing Director  Annika Billberg, IR &
Communications Director
Tel: +46 8 616 77 00                 Tel: +46 8 546 102 03
Mobile: +46 70 323 02 56             Mobile: +46 702 67 97 91
E-mail: rickard.westlund@intrum.com  E-mail: a.billberg@intrum.com