Executive Change: Intrum Justitia Names new Regional Director for Eastern Europe

Intrum Justitia announced today that it has named Boguslaw Skuza as the Managing Director for Central Eastern Europe.

Boguslaw Skuza has extensive experience starting, leading and developing marketing and sales units for insurance companies in Central Europe. Among other things, he has held executive positions with several international companies in Poland such as FIAT Insurance and Marsh & McLennan. Since 2000 Boguslaw Skuza has served as managing director of Skandia’s Polish operations which, under his leadership, have been transformed from a totally new business to a market leader in Poland while at the same time significantly improving profitability.

“We are extremely pleased that Boguslaw Skuza has decided to accept the challenge to lead Intrum Justitia’s development in these markets, which are still relatively new to us,” says Michael Wolf, President and CEO of Intrum Justitia AB. “With his thorough knowledge of the financial markets in these countries, Boguslaw will play a key role in our continued expansion in Central Europe.”

Boguslaw Skuza will take over as Regional Managing Director in September 2008. Until then Thomas Feodoroff will remain acting Regional Managing Director.

Intrum Justitia is Europe’s leading Credit Management Services (CMS) group, with revenues of approximately SEK 3.2 billion and 3,100 employees in 24 markets. Intrum Justitia offers services designed to measurably improve clients’ cash flows and long-term profitability. Intrum Justitia AB is listed on the Nordic Exchange, Mid Cap list. For further information, please visit www.intrum.com.