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PRA Group to Announce Second Quarter 2016 Results on August 8

NORFOLK, Va., Aug. 01, 2016-- PRA Group, Inc. (Nasdaq:PRAA), a global leader in acquiring nonperforming loans, will announce its second quarter 2016 results after market close on Monday, August 8, 2016, followed by a webcast and conference call at 5:00 p.m. ET.

To listen to PRA Group's webcast, visit http://ir.PRAgroup.com/events.cfm.  To listen by phone on August 8, call 888-695-7639 in the U.S. or 970-315-0482 outside the U.S.  The conference ID is 55478474.   To listen to a replay of the call until August 15, 2016, call 855-859-2056 in the U.S. or 404-537-3406 outside the U.S. and use conference ID 55478474.

About PRA Group
As a global leader in acquiring nonperforming loans, PRA Group returns capital to global banks and other creditors to help expand financial services for consumers in the Americas and Europe. PRA Group companies collaborate with customers to help them resolve their debt and provide a broad range of additional revenue and recovery services to business and government clients.

PRA has been recognized as one of Fortune's 100 Fastest-Growing Companies for three years, one of Forbes' Best Small Companies in America for eight consecutive years, and one of Forbes' Best Midsize Employers in America in 2016. For more information, please visit www.pragroup.com.

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