NORFOLK, Va., Feb. 22, 2017 -- As previously announced on Jan. 26 in conjunction with the press release regarding the sale of the Company's Government Services business, PRA Group, Inc. (Nasdaq:PRAA), a global leader in acquiring nonperforming loans, will report its fourth quarter and full year 2016 results after market close on Tuesday, Feb. 28, 2017, followed by a webcast and conference call at 5 p.m. ET.

To listen to PRA Group's webcast, visit http://ir.PRAgroup.com/events.cfm.  To listen by phone on Feb. 28, call 888-695-7639 in the U.S. or 970-315-0482 outside the U.S.  The conference ID is 58396415.   To listen to a replay of the call until Mar. 7, 2017, call 855-859-2056 in the U.S. or 404-537-3406 outside the U.S. and use conference ID 58396415.

About PRA Group
As a global leader in acquiring and collecting nonperforming loans, PRA Group (Nasdaq:PRAA) returns capital to banks and other creditors to help expand financial services for consumers in the Americas and Europe. With almost 4,000 employees worldwide, 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 clients. 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