Portfolio Recovery Associates to Present at William Blair Growth Stock Conference

Portfolio Recovery Associates, Inc. (NASDAQ: PRAA), a leading provider of outsourced receivables management, announced Tuesday that Steve Fredrickson, CEO, and Kevin Stevenson, CFO, will be making a presentation to the investment community at the William Blair Growth Stock Conference to be held in Chicago, IL on Wednesday, June 18, 2008. During the course of this event, Portfolio Recovery Associates may disclose material developments affecting its business and/or financial performance.

A link to the live audio web cast of their presentation will be provided on the Investor Relations page of Portfolio Recovery Associates' website at www.portfoliorecovery.com, under Event Calendar. The link will be accessible at approximately 12:00PM EDT on the day of the conference. The replay will be available immediately after the presentation is completed and will remain available for 30 days.

About Portfolio Recovery Associates, Inc.
Portfolio Recovery Associates is a full-service provider of outsourced receivables management and related services. The company's primary business is the purchase, collection and management of portfolios of defaulted consumer receivables. These are the unpaid obligations of individuals to credit originators, which include banks, credit unions, consumer and auto finance companies, and retail merchants. Portfolio Recovery Associates also provides a broad range of collection services, including revenue administration for government entities through its RDS business and collateral-location services for credit originators via IGS Nevada.

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