PRA to Announce Second Quarter 2013 Results on July 30

PRA to Announce Second Quarter 2013 Results on July 30

NORFOLK, Va., July 26, 2013 (GLOBE NEWSWIRE) -- Portfolio Recovery Associates,
Inc. (PRA), a financial and business services company operating in the U.S and
U.K., will announce its second quarter 2013 results Tuesday, July 30, 2013.

The earnings announcement, which will be released after the market closes,
will be followed at 5:30 p.m. ET by a conference call with investors to
discuss the results.

Investors may access the call by calling 888-695-7639 in the U.S. or
970-315-0482 outside the U.S. The conference ID is 16240403.

A replay will be available approximately one hour after the call ends and will
remain available until August 6, 2013. Investors may access the replay of the
call by calling 855-859-2056 in the U.S. or 404-537-3406 outside the U.S. To
access the replay, use the conference ID 16240403.

Investors also may listen to the conference call via webcast, both live and
archived, at

About PRA

As a leader in the U.S. debt buying industry, Portfolio Recovery Associates,
Inc. (Nasdaq:PRAA) returns capital to banks and other creditors that helps
expand financial services for consumers.PRA collaborates with its customers
to create affordable, realistic debt repayment plans.The company also
provides a broad range of fee-based services to local governments and law
enforcement, U.S. businesses, institutional investors, global hedge funds, and
U.K. banks and creditors.

PRA has been annually ranked as one of Forbes' 100 Best Small Companies in
America since 2007, advancing to the Top 25 in 2012.The company also was
recognized last year as one ofFortune's100 Fastest-Growing Companies in the
U.S. For more information, visit

CONTACT: Rick Goulart
         Vice President, Corporate Communications

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