Intrum Justitia -- Interim Report, January-September 2003

Revenues rose 5 percent

Stockholm, SWEDEN

STOCKHOLM, Sweden, Nov. 11, 2003 (PRIMEZONE) -- Intrum Justitia AB:

 -- Consolidated revenues rose by 5% to SEK 2,121.9 M (2,024.1) in
    the first nine months of 2003, with SEK 702.2 M (692.3) generated 
    in the third quarter.

 -- Net earnings amounted to SEK -28.6 M (81.2) in the first nine
    months. Net earnings for the third quarter were SEK -25.5 M (41.4).
    Earnings for the first nine months include items affecting
    comparability of SEK -259.0 M (-8.5).

 -- Earnings per share for the first nine months were SEK -0.34
    (1.35). Cash flow from operating activities during the same period
    amounted to SEK 199.8 M (212.6).

 -- The review of the English operations has substantially been
    completed. The provisions needed to cover the accounting 
    inaccuracies in Intrum Justitia's English operations are estimated 
    at SEK 184 M. A detailed description of the review can be found 
    in a separate press release issued today.

 -- Operating earnings, excluding England and related costs,
    amounted to SEK 315.9 M, an increase of 32 percent for the first 
    nine months of 2003.

 -- Organic revenue growth in the first nine months of 2003,
    excluding the English operations, was nearly 10 percent.

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