Photo Release -- PRA Honored With Corporate Volunteer Excellence Award

Photo Release -- PRA Honored With Corporate Volunteer Excellence Award

Company Recognized for Outstanding Workplace Volunteer Programs in the Local
Community

NORFOLK, Va., Dec. 4, 2013 (GLOBE NEWSWIRE) -- Portfolio Recovery Associates,
Inc. (Nasdaq:PRAA), a financial and business services company operating in the
U.S. and U.K, has been recognized by Volunteer Hampton Roads as a recipient of
its 2013 Corporate Volunteer Excellence Award.

PRA Employees
 PRA employees accepted a Corporate
 Volunteer Excellence award on Dec. 4,
 2013. Left to right: Stacy Gregory,
 senior operations manager; Lisa Lawson,
 internal auditor; Craig Grube, senior
 director, acquisitions; Diana Haynes,
 compliance analyst; and Chris Graves,
 executive vice president, core asset
 acquisitions.

A photo accompanying this release is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=22547

The Corporate Volunteer Excellence Awards are presented annually by Volunteer
Hampton Roads, in partnership with the Hampton Roads Corporate Volunteer
Council and Inside Business, to recognize companies with outstanding workplace
volunteer programs. PRA was recognized in the "Good Corporate Neighbor – Large
Business" category for companies with more than 300 employees. The award was
presented at the Westin Virginia Beach Town Center on Wednesday, December 4.

"Over the years, PRA employees have devoted thousands of hours of their time
to support nonprofit and community-based organizations in Hampton Roads and
across the country," said Steve Fredrickson, chairman, president and chief
executive officer of PRA."Our employees are genuinely motivated to make our
communities a better place, and they know it all starts with one person
volunteering to help serve someone in need."

Since its founding in 1996, PRA has earned numerous awards for business
growth, community involvement and philanthropic giving.PRA was a previous
recipient of the Volunteer Hampton Roads Corporate Volunteer Excellence Award
in 2011.In 2012 and 2013, PRA was also named one of Fortune's 100
Fastest-Growing Companies and one of Forbes' Top 25 Best Small Companies in
America.

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 was named one of Fortune's 100 Fastest-Growing Companies in 2013 and 2012.
Last year, the company also advanced to the Top 25 of Forbes' 100 Best Small
Companies, where PRA has been annually ranked since 2007. For more
information, please visit www.PortfolioRecovery.com.

CONTACT: Media Contact:
        
         Ray Atkinson
         Assistant Vice President, Corporate Communications
         Portfolio Recovery Associates, Inc.
         757-351-3264
         rayatkinson@portfoliorecovery.com

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