Executive Change: Juan Carlos Gonzalez Named Head of Aktiv Kapital's Spanish Operation

Aktiv Kapital entered the Spanish non-performing loan market by acquiring Treym Consulting y Servicos in 2005. Arriving to the end of the three year commitment after the acquisition of Treym, Maria Haddad has decided to seek new opportunities outside the Aktiv Kapital Group and we wish her the best for the future.

We are pleased to announce that Juan Carlos Gonzalez is appointed to and has accepted the role as new Country Manager for Aktiv Kapital's Spanish' operation based in both Barcelona and Madrid. Juan Carlos Gonzalez is 40 years old and has extensive experience from both the operational and the investment aspect of the debt purchase and collection industry. Juan Carlos Gonzalez performed as Technology and Systems Director and later as Operations Director at Intrum Justitia Ibérica from 1998 to 2008. Juan Carlos Gonzales has most recently held the position of Managing Director and Investment Director at Multigestión Iberia (GFKL).

Erik Oyno, CEO & President of Aktiv Kapital Group, states that he is confident that Juan Carlos Gonzalez, with his business and operational knowledge in combination with strong analytical skills, his enthusiasm, energy and management experience, will make a significant contribution to Aktiv Kapital's continued development of the Spanish debt purchasing market and further operational enhancement.

Juan Carlos Gonzalez holds a degree as Telecommunications Engineer from ETSIT in Madrid.

"Maria Haddad has taken the company from being a debt collection agency to be a major portfolio purchaser. The Spanish operation has contributed significantly to the Group's growth over the past year. Maria Haddad's entrepreneurial spirit and energy has been vital in this phase," says Erik Oyno.

Maria will stay in the position until Juan Carlos Gonzalez is on board in December.

Further information Erik Oyno, CEO & President Aktiv Kapital Group Phone: +47 90131203, email: erik.oyno@aktivkapital.com or May Kristin Haugen, Chief HR & Communication Officer Phone: +47 97745057, email: may.kristin.haugen@aktivkapital.com

About Aktiv Kapital
Headquartered in Oslo, Norway. Aktiv Kapital has operations in 11 countries, and is today Europe's and Canada's largest purchaser of non-performing consumer credits. Aktiv Kapital had in 2007 an operating revenue NOK 1 575 million. Within the Portfolio segment Aktiv Kapital had approx 550 000 paying customers in 2007. Aktiv Kapital is listed on the Oslo Stock Exchange (AIK). For more information about Aktiv Kapital, please visit www.aktivkapital.com

About Aktiv Kapital Spain
Aktiv Kapital Spain has two business areas; Non-performing portfolio acquisition and servicing and debt collection for third parties. The revenue first half 2008 was approximately 14.1 million Euro. The collected amount on portfolios owned by Aktiv Kapital Spain first half 2008 was 12.7 million Euro and the income from third party debt collection in the same period was 1.4 million Euro.