Home Credit announces change in the top management

12.11.2007 – Home Credit B.V. (“HCBV”), the holding company of the Home Credit Group having operations in the Central and Eastern European as well as Central Asian consumer finance markets, announces that Mr Jiri Smejc, Chairman of the Home Credit & Finance Bank LLC [Moody´s Ba3/NP/D-, S&P B+/В] Board of Directors, will also act in the position of CEO taking over from Mr Paul Batchelor. Mr Smejc is hereby taking full operational control of the Russian business.