Board’s proposal regarding conditions for redemption offer in Intrum Justitia

The Board of Directors of Intrum Justitia AB has now established the conditions for the share redemption offer of approximately SEK 595 M, which is to be proposed at the Annual General Meeting of shareholders on 27 April 2005. The redemption offer was announced in connection with publication of the year-end figures for 2004, and is made with reference to Intrum Justitia’s strong financial position and continued good cash flow situation. The redemption offer can be summarised as follows:  Each shareholder receives one redemption right per Intrum Justitia share  12 redemption rights entitle to redemption of one Intrum Justitia share  The amount to be paid by Intrum Justitia for each redeemed share is SEK 84  A maximum of 1,000 redemption rights can be sold free of brokers’ commission To ensure that the redemption offer of approximately SEK 595 M will be completed, even if the price of the Intrum Justitia share would increase significantly and thereby make the redemption offer less attractive, the Board reserves the right to change the redemption price and redemption ratio at the latest one week before the Annual General Meeting. The redemption offer is conditional to an extraordinary shareholders’ meeting resolving matters including a reduction of the share capital by means of redemption, reduction of the share premium reserve and the exact number of shares to be redeemed in the procedure. The extraordinary shareholders’ meeting is intended to be held on 16 June 2005. Provided that the offer is in accordance with the conditions above and accepted in its entirety, company's equity will be reduced by the total redemption amount, approximately SEK 595 M, of which the share capital will be reduced by SEK 141,643 through redemption of 7,082,134 shares. The number of shares in Intrum Justitia after the offer will thus amount to 77,903,470. The main conditions regarding the redemption offer appear from the notice of Annual General Meeting of shareholders in Intrum Justitia AB (publ), see separate press release dated 22 March 2005. Proposed time schedule  The Annual General Meeting will decide on the Board's redemption offer 27 April 2005  The Intrum Justitia share will be quoted excluding redemption right as from 28 April 2005  Record day for receiving redemption rights 2 May 2005  Distribution of information brochure to shareholders describing the offer around 9 May 2005  Application period 10 May to 31 May 2005  Trade in redemption rights 10 May to 26 May 2005  Trade in redemption shares 10 June to 21 June 2005  Payment of proceeds for redeemed shares around 30 June 30 2005 For further information, please contact: Bo Askvik, Chief Financial Officer Tel: +46 8 546 10 200