LINK Financial Opens New Operational Site in Dublin

Dublin (ots/PRNewswire) - LINK Financial ("LINK"), the
leading European purchaser and servicer of semi- and non-performing
consumer receivables, today announces the opening of its latest
operational centre. The new Dublin-based facility increases LINK's
total number of workstations to over 900 across 5 European countries
and builds on its existing offices in London, Madrid, Rome, Cologne
and Caerphilly (Wales). Coinciding with the launch of the new site,
LINK has successfully completed a long-term portfolio acquisition in
Ireland and is currently assessing further local investment
opportunities.

Philippe Paillart, Chairman of LINK Financial, commented: "I am
delighted that LINK is in a position to service both our global and
local clients from Ireland. We have received a very enthusiastic
response from our existing partners, and we are looking forward to
helping local lenders achieve their strategic objectives in a
constantly changing and challenging economic climate."

Paillart added: "The opening of this latest site represents
another milestone in the dynamic expansion of our business. It allows
us to further strengthen our client proposition in Ireland, which is
already the home of our Group headquarters, and to implement the same
local customer services model that has proved so successful across
Europe. Enlarging our footprint means that an ever-growing client
base can share LINK's best practice, unique expertise and long-term
partnership approach."

Notes to Editors

LINK Financial

LINK is one of Europe's leading purchasers and servicers of semi-
and non-performing consumer receivables. The Company has acquired
rights to US$8.25bn of receivables, which represents more than 1.5
million individual customers. LINK operates in over 20 countries and
has servicing operations in the UK, Spain, Italy, Germany and
Ireland. LINK's institutional shareholders include HBoS, Morgan
Stanley and Cheyne Capital Management.

For further information, please contact:
Paul Burdell / Lorenz Oesterreich
LINK Financial +44(0)20-7793-2670
Andrew Jaques /Nick Denton
Hogarth Partnership Limited +44(0)20-7357-9477

ots Originaltext: LINK Financial
Im Internet recherchierbar: http://www.presseportal.de

Contact:
For further information, please contact: Paul Burdell / Lorenz
Oesterreich, LINK Financial +44(0)20-7793-2670; Andrew Jaques /Nick
Denton, Hogarth Partnership Limited +44(0)20-7357-9477