NORFOLK, Va., Feb. 18, 2014 - Portfolio Recovery Associates, Inc. (Nasdaq:PRAA), a financial and business services company operating in the U.S and U.K., will announce its fourth quarter and full year 2013 results tomorrow, February 19, 2014.

The earnings announcement, which will be released after the market closes, will be followed at 5 p.m. ET by a conference call to discuss results with institutional investors in PRAA and stock analysts. View a webcast, both live and archived, at http://ir.PortfolioRecovery.com/events.cfm.

Please access the call by calling 888-695-7639 in the U.S. or 970-315-0482 outside the U.S. The conference ID is 38054651. A question-and-answer session will be open only to current investors or analysts.    A replay of the call and webcast will be available until March 4, 2014.  Use the phone numbers and conference ID above to access the replay by phone. 

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. 

In 2013 and 2012, PRA was named one of Fortune's 100 Fastest-Growing Companies and one of the Top 25 Forbes' Best Small Companies in America. PRA has been annually ranked on Forbes' list since 2007. For more information, please visit www.PortfolioRecovery.com.

CONTACT: News Media and Investor Contact

         Rick Goulart

         Vice President, Corporate Communications

         757-961-3525

         RickGoulart@PortfolioRecovery.com