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PRA GROUP INC Director's Dealing 2011

Mar 1, 2011

32628_dirs_2011-03-01_3a1b5319-1b2e-488f-afc0-7160fbb0d955.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PORTFOLIO RECOVERY ASSOCIATES INC (PRAA)
CIK: 0001185348
Period of Report: 2011-02-25

Reporting Person: FREDRICKSON STEVEN D (Director, President, CEO, Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-25	Common Stock	S	3464	$85.00	Disposed	117250	Direct
2011-02-28	Common Stock	J	6055	$0.00	Disposed	12639	Indirect
2011-02-28	Common Stock	J	6055	$0.00	Acquired	123305	Direct

Footnotes

F1: Transfer of 6,055 shares from a Grantor Retained Annuity Trust under section 2702 of the Internal Revenue Code, of which the reporting person is the Trustee, to the reporting person directly.