AKTIV KAPITAL DIVESTS NON-CORE BUSINESS

11/3/2010, 8:58 AM (Source: GlobeNewswire)
As part of the company's strategy, Aktiv Kapital has entered into an agreement
with Intrum Justitia AB to sell its Nordic third party debt collection business
with 150 employees. The enterprise value of the transaction is NOK 375 million;
the net gain from the transaction will be in excess of NOK 350 million. The
transaction is expected to be closed by year end pending regulatory approval in
Norway.

 "The transaction reflects the underlying values of the group. It confirms our
strategy of maintaining and reinforcing the position as the leading investor in
the non-performing loan industry. The transaction improves our already strong
financial position and enhances our financial capacity to take advantage of new
attractive portfolio purchases, says Erik Øyno, President and CEO of Aktiv
Kapital.

 "With this acquisition, we are investing in broadening our customer base in
Norway, especially in the telecom and bank sectors, which are two of Intrum
Justitia's prioritized customer segments. In Finland, it broadens our customer
base to include the public sector - one that Intrum Justitia considers
attractive. The strengthened market position in Norway, combined with our
additionally enhanced position as a market leader in Finland and Sweden, makes
us clearly one of the largest players in the Nordic region, which is one of our
key objectives," says Lars Wollung, President and CEO of Intrum Justitia.

Third Party Debt Collection amounted to 17 % of Aktiv Kapital's revenue for the
first nine months ended September 30, 2010. The business contributed with an
EBITDA of NOK 32.2 million for the same period.

The third party debt collection environment is to a large extent a volume driven
business where client- and market adaptability, collection methods that supports
high recovery rates for our clients are important competitive parameters. Aktiv
Kapital's Third Party Debt Collection business in Sweden, Norway and Finland has
shown good performance the last year. The sale confirms Aktiv Kapital's
reinforced focus on value creation within investment and debt collection on
portfolios that the company owns. Portfolio acquisition of non-performing
portfolios both in the Nordics and other geographies will continue to be Aktiv
Kapital's core business.


For further information, please contact:
Erik Øyno, President & CEO Aktiv Kapital
Telefon: +47 22 91 59 55
Mobil: +47 90 13 12 03

Jørund Granholt, Regional Manager Nordic Third Party Debt Collection

Mobil: +47 971 32 336

About Aktiv Kapital
Headquartered in Oslo, Norway. Aktiv Kapital has operations in eight countries,
and is one of Europe's and Canada's largest investor of non-performing consumer
credits. Aktiv Kapital had in 2009 an operating revenue of NOK 1,190 million.
Within the Portfolio segment Aktiv Kapital had approximately 430,000 paying
customers in 2009. Aktiv Kapital is listed on the Oslo Stock Exchange (AIK).

For more information about Aktiv Kapital, please visit www.aktivkapital.com

This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)


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