Released on: November 19, 2007, 10:17 pm

Press Release Author: PIC Solutions

Industry: Financial

Press Release Summary: Cape Town, 20 November 2007 - Metropolitan Card Operations
(MCO) contracted PIC Solutions to conduct a Collections HealthCheck to maximise the
return on their collections strategies.

Press Release Body: MCO is a division of Metropolitan Holdings, which is a JSE Top
100 company and one of the four largest listed life assurors in South Africa. MCO
was launched with a view to provide clients with a more comprehensive service
offering. Instead of a branch network, the business relies on a call centre driven
distribution and service delivery model.

During this assignment, PIC Solutions consultants will examine MCO's current
collections environment and make practical business recommendations that will ensure
that collections policies are aligned with industry 'best practice' and the
client's strategies.

The Collections HealthCheck focuses on collections policies, collections workflow
and procedures, the operational structure of the collections department, scoring and
use of data in decision-making as well as collections technology.

Andrew Goodrich, Chief Operating Officer of Metropolitan Card Operations said, "To
successfully deal with a changing business environment and cater for scalability we
need our strategies to be built on a foundation of collections best practices. PIC
Solutions understands the various factors affecting our collections environment and
this HealthCheck will ensure that our collections are running at maximum
efficiency."

Stephen Leonard, Managing Director of PIC Solutions, comments, "This Collections
HealthCheck aims to ensure that all future personal loan collections and recovery
strategies are optimised and incorporate industry best practices with the focus on
adding value and increasing the client's bottom line. By effectively managing their
strategies and collections procedures, Metropolitan Card Operations can maximise
opportunities and successfully grow their portfolio."


About PIC Solutions
PIC Solutions provides consumer credit solutions to a wide range of blue-chip
organisations. We are experts in the fields of credit, risk and software and have an
established track record of success powered by solutions.

Our ongoing commitment is to enable clients to optimise the credit life cycle.

Web Site: http://www.PICSolutions.com

Contact Details: Editorial Contact:
Sarka Svoboda
Marketing Manager
Tel: +27 (0)21 680-6010
Fax: +27 (0)21 680-6003
Email: SSvoboda@PICSolutions.com
Web: www.PICSolutions.com