PRA GROUP INC — Director's Dealing 2012

Jul 2, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PORTFOLIO RECOVERY ASSOCIATES INC (PRAA)
CIK: 0001185348
Period of Report: 2012-06-28

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-06-28	Common Stock	S	2000	$86.05	Disposed	150251	Direct
2012-06-29	Common Stock	S	2000	$88.87	Disposed	148251	Direct
2012-06-29	Common Stock	S	4201	$90.37	Disposed	144050	Direct
2012-06-29	Common Stock	S	799	$91.17	Disposed	143251	Direct

Footnotes

F1: These sales are pursuant to a Rule 10b5-1 plan dated November 16, 2011.

F2: The sale prices for this transaction ranged from $86.00 to $86.26. The filer hereby agrees to provide, upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F3: The sale prices for this transaction ranged from $88.58 to $89.05. The filer hereby agrees to provide, upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F4: The sale prices for this transaction ranged from $90.00 to $90.96. The filer hereby agrees to provide, upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F5: The sale prices for this transaction ranged from $91.05 to $91.22. The filer hereby agrees to provide, upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price