Hoist Finance Announces First Quarter Financial Results

  · Gross cash collections totalled SEK 536 million, an increase of 72 per cent
compared to January - March 2013 (SEK 312 million).
  · Total revenue was SEK 356 million (SEK 229 million), up 57 per cent on the
first quarter 2013.
  · EBIT for the the first quarter 2014 totalled SEK 119 million, corresponding
to an EBIT margin of 33 per cent. In January - March 2013, EBIT totalled SEK 81
million with a corresponding EBIT margin of 35 per cent.
  · Portfolio acquisitions of SEK 434 million, an increase of 96 per cent
relative to the same period in 2013.
  · Carrying value of acquired loan portfolios as at 31 March 2014 of SEK 6,197
million (SEK 3,320 million as at 31 March 2013), corresponding to Gross 120
month ERC (estimated remaining collections) of SEK 10,958 million (SEK 5,685
million).
  · Cash flow from operating activities totalled SEK -762 million in the first
quarter of 2014 (SEK 1,594 million in January - March 2013).
  · Capital adequacy ratio of 12.05 per cent of REA as at 31 March 2014 (9.50
per cent as at 31 March 2013).

For further information, please contact:

Jörgen Olsson, CEO Hoist Finance

Jane Niedra, IR Hoist Finance

Contact details:

Phone +46 (0)8 55 51 77 90

Email: jane.niedra@hoistfinance.com

The information above has been published pursuant to the Swedish Securities
Markets Act (Sw. lag om värdepappersmarknaden).

This information was released for publication at 8.00 on 25 April 2014.