Portfolio Recovery Associates Execs to Present at JMP Securities Conference in New York, Sept. 29

NORFOLK, VA — Kevin Stevenson, chief financial and administrative officer, and Neal Stern, chief operating officer – Owned Portfolio, of Portfolio Recovery Associates, Inc. (NASDAQ: PRAA) will present to the investment community at the JMP Securities Financial Services and Real Estate Conference. The Portfolio Recovery Associates (PRA) executives will present at 12 Noon (EDT), Sept. 29, 2010, at The New York Palace, 455 Madison Avenue, in New York City.

Portfolio Recovery Associates, Inc., through its subsidiaries, purchases, collects and manages portfolios of defaulted and bankrupt consumer receivables and provides a broad range of receivables management and payments processing services. During the course of this event, PRA may disclose material developments affecting its business and/or financial performance.