PRA GROUP INC — Director's Dealing 2014

Jul 1, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PORTFOLIO RECOVERY ASSOCIATES INC (PRAA)
CIK: 0001185348
Period of Report: 2014-06-27

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-06-27	Common Stock	S	100	$60	Disposed	239351	Direct
2014-07-01	Common Stock	S	4900	$60.37	Disposed	234451	Direct

Footnotes

F1: These sales are pursuant to a Rule 10b5-1 plan dated February 27, 2014.

F2: The sale prices for this transaction ranged from $60.00 to $60.63. 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.