Aktiv Kapital announces a significant portfolio acquisition in the United Kingdom with a face value of GBP 470 million

Aktiv Kapital has today signed a contract to acquire a non- performing loan portfolio in the United Kingdom with a face value of GBP 470 million. The portfolio consists of more than 90 000 accounts of unsecured, non-performing consumer loans, with gross collections in the 12 months prior to completion of over GBP 13 million. The debt is originated from a leading global financial Institution.

Aktiv Kapital has initially financed the acquisition of the portfolio through a short term loan of USD 50 million from Metrogas Holdings Inc., a company affiliated to its largest shareholder, Geveran Trading Co. Ltd.  Metrogas has been provided with an option to acquire the UK portfolio at cost if the loan is not repaid.

"This acquisition demonstrates our financial strength and ability to make significant investments when we see value in the distressed debt market.  Our customer-centric approach is valued by financial institutions," says Geir Olsen, CEO.

About Aktiv Kapital
Aktiv Kapital operates in nine countries and is headquartered in Oslo. The Aktiv Kapital Group is one of the largest investors in non-performing credit portfolios in Europe and Canada. In 2011, Aktiv Kapital had NOK 1 443 million in cash collection and 331 500 paying customers. The Company 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 pursuant to section 5-12 of the Norwegian Securities Trading Act.