Interim Report January–June 2006

• Consolidated revenues amounted to SEK 707.2 M (713.2) in the second quarter 2006, a decrease of 0.8 percent. Organic growth was 1.1 percent. • Operating earnings (EBIT) amounted to SEK 111.8 M (143.9). Quarterly earnings were affected by non-comparable items. • Earnings before tax for the second quarter 2006 amounted to SEK 98.9 M (138.3). • Second-quarter net earnings amounted to SEK 74.2 M (103.8). • Earnings per share before dilution were SEK 0.94 (1.20) for the quarter. For the first half year earnings per share were SEK 1.94 (1.95). • Investments in Purchased Debt during the second quarter amounted to SEK 69.5 M (163.1). After the conclusion of the quarter, purchases were made for a total of approximately SEK 200 M, the lion’s share being a portfolio of defaulted German bank loans. • Michael Wolf succeeds Jan Roxendal as President and CEO on September 1, 2006.

“The second quarter of 2006 was weaker than the previous year, partly due to extraordinary items, as indicated in the report,” says Intrum Justitia CEO Jan Roxendal. “The positive in our underlying business is the good development in southern Europe and the implementation of the previously announced restructuring program in the English company. This program is developing according to plan, and positive results are expected in the fourth quarter. Including today’s acquisition of a large portfolio of German bank loans, the high investment rate in Purchased Debt is confirmed. ”