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PRA Group to Announce Fourth Quarter and Full Year 2014 Results on March 2

NORFOLK, Va., Feb. 24, 2015-- PRA Group (Nasdaq:PRAA), a global leader in acquiring defaulted receivables, will announce its fourth quarter and full year 2014 results after market close on Monday, March 2, 2015, followed by a webcast and conference call at 4:30 p.m. ET.

To listen to PRA Group's webcast, visit http://ir.PRAgroup.com/events.cfm. To listen by phone on March 2, call 888-695-7639 in the U.S. or 970-315-0482 outside the U.S. The conference ID is 89361286. A question-and-answer session on the call will be open only to institutional investors and stock analysts. To listen to a replay of the call until March 9, 2015, call 855-859-2056 in the U.S. or 404-537-3406 outside the U.S. and use conference ID 89361286.

About PRA Group

By acquiring defaulted receivables, PRA Group returns capital to global banks and other creditors to help expand financial services for consumers in North America and Europe. PRA Group companies collaborate with customers to create affordable, realistic debt repayment plans and provide a broad range of additional revenue and recovery services to business and government clients in the U.S. and the U.K. 

PRA Group has been recognized as one of Fortune's 100 Fastest-Growing Companies for the past three years and one of Forbes' Best Small Companies in America every year since 2007.  PRA Group employs approximately 3,900 people and is headquartered in Norfolk, Virginia. For more information, please visit www.PRAgroup.com.

CONTACT: Investor Contact:

         Darby Schoenfeld

         Director of Investor Relations

         (757) 431-7913

         DCSchoenfeld@PRAGroup.com

        

         Media Contact:

         Nancy Porter

         Vice President, Corporate Communications

         (757) 431-7950

         NAPorter@PRAGroup.com