INTERIM REPORT JANUARY-JUNE 2015

Consolidated net revenues for the second quarter of 2015 amounted to SEK 1,476 M (1,301).

Operating earnings (EBIT) amounted to SEK 448 M (372). Operating earnings include revaluations of purchased debt portfolios amounting to SEK 45 M (23). The operating margin excluding revaluations was 28 percent (27).

Net earnings for the quarter amounted to SEK 324 M (252) and earnings per share were SEK 4.38 (3.23).

Cash flow from operating activities amounted to SEK 739 M (570).

The carrying amount of purchased debt has increased by 7 percent compared with the year-earlier period. Investments in purchased debt for the quarter amounted to SEK 509 M (574).

Comment by President and CEO Lars Wollung

Intrum Justitia continued to perform well during the second quarter of 2015, with good earnings growth both for Financial Services and Credit Management Services. Compared with the year-earlier period, the Group’s revenues for the quarter rose by 13 percent, of which organic growth totaled 5 percent. Operating earnings saw an improvement of 11 percent, adjusted for currency effects and revaluations of portfolios.

In the second quarter, for the first time, we achieved all of the financial targets we announced two years ago. Growth in earnings per share amounted to 37 percent over the past twelvemonth period, which is well above our target of a 10-percent increase. The return on purchased debt was 24 percent, exceeding our target of 15 percent. Finally, we also achieved the lower interval for our capital structure, with our net debt in relation to operating earnings excluding depreciation and amortization amounting to 2.0.

All three units in our regions are displaying an improvement in operating earnings excluding revaluations and currency effects. Developments have been particularly positive in Central Europe, where a number of  operational improvement initiatives have resulted in improved collection and thereby increased profitability within Purchased Debt.

In our service lines, Financial Services has seen a particularly positive trend in the second quarter. The carrying amount of purchased debt rose by 7 percent compared with the yearearlier period, owing to the  increase in investment levels in recent years. Collection on our portfolios performed well in the second quarter, generating an improvement in the return compared with the year-earlier period. The level of  investment totaled SEK 509 M for the second quarter, which is 11 percent less than in the same period last year. As with previous quarters, we are seeing a good supply in several countries, but we are also experiencing significant price pressure.

Our Credit Management service line displayed positive growth in earnings in the second quarter. Acquired units continue to perform well. Our ambition ahead of the coming year is to up the pace of acquisition of small and medium-sized credit management companies, where we see good potential for value creation primarily with regard to cost synergies.

Intrum Justitia has enjoyed excellent growth over the past few years. The foundation for this is our focus and ability to generate value for our customers. Through a combination of credit management services and financial solutions we are able to strengthen our customers’ competitive edge by improving cash flow and allowing them to concentrate on their core operations. For the coming year we are determined to continue creating significant value for our customers, thereby laying the ground for persistent profitable growth for Intrum Justitia.

Presentation of the Interim Report

This interim report and presentation material are available at www.intrum.com/Investor relations. President & CEO Lars Wollung and Chief Financial Officer Erik Forsberg will comment on the report at a  teleconference today, starting at 9:00 a.m. CET. The presentation can be followed at www.intrum.com and/or www.financialhearings.com.

To participate by phone, call +46 (0)8 566 426 65 (SE) or +44 (0)20 342 814 13 (UK).

For further information, please contact

Lars Wollung, President & CEO Intrum Justitia AB (publ), tel: +46 (0)8 546 102 02

Erik Forsberg, Chief Financial Officer, tel: +46 (0)8 546 102 02