This corporate governance report has been prepared in accordance with the rules in Chapter 5 of the Swedish Code of Corporate Governance ("the Code") in order to describe how the Company has applied the Code during the period covered by the annual report. This corporate governance report does not constitute part of the formal annual report and has not been reviewed by the Company's auditor.

Corporate governance at Intrum Justitia comprises structures and processes for management and control of the Company's operations for the purpose of creating value for the Company's owners and other stakeholders.

As of July 1, 2005 Intrum Justitia applies the Code, which, in accordance with an agreement between Aktiemarknadsbolagens förening (Association of Stock Market Companies) and Stockholmsbörsen (the Stockholm Exchange), has been incorporated in Stockholmsbörsen's revised regulations. Furthermore, Intrum Justitia's corporate governance complies with the applicable rules in the Swedish Companies Act, Stockholmsbörsen's listing agreement, the rules of Näringslivets Börskommitté (Swedish Industry and Commerce Stock Exchange Committee), the decisions of Aktiemarknadsnämnden (Swedish Securities Council) and the Company's articles of association.

The Company has not deviated from the Code during the period covered by the annual report.