Home Credit Group Reports Changes to the Board of Directors

Amsterdam, 07/11/2007

Home Credit Group, the international consumer finance specialist, is delighted to announce that Declan McSweeney will resume his position as the Chief Financial Officer of Home Credit Group and Member of the Board of Directors, Home Credit B.V. with effect from 1-st August, 2007.

Mr. McSweeney has most recently acted as an Executive Advisor to the Board of Directors of Home Credit B.V. He will resume his executive role in the Group after re-organizing his business commitments.

Notes to Editors:

Home Credit Group

The companies of the Home Credit Group have been operating in the Central and Eastern European as well as Central Asian consumer finance markets and had granted loans in the combined principal of USD 2.7 billion as of 2006 year end. Home Credit maintains a leading position in the consumer finance markets of the Czech Republic (entered in 1997), the Slovak Republic (1999), the Russian Federation (2002) and the Republic of Kazakhstan (since December of 2005). Home Credit Group also entered the Ukrainian and Belarusian market in 2006. The Home Credit Group belongs to the PPF international group of companies which has interests in insurance and consumer finance, and provides complex asset management services.

For further enquiries, please contact:

Jiri Hajek
Director of Marketing and Communication
PPF a.s.
Tel.(+420) 224 559 027
E-mail: hajek@ppf.cz

Tomas Cerny
Head of Capital Markets
Home Credit Group
Tel: (+420) 224 559 174
E-mail: tomas.cerny@homecredit.eu


07/11/2007