NORFOLK, VA – Portfolio Recovery Associates, Inc., (NasdaqNM: PRAA), a leading provider of outsourced receivables management, announced today that Steve Fredrickson, CEO, and Kevin Stevenson, CFO, will be making a presentation to the investment community at the America’s Growth Capital 2nd Annual Growth Conference to be held in Boston, MA, on Monday, August 1, 2005.


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 2:00PM EDT on the day of the conference. The replay will be available approximately 15 minutes after the presentation is completed and will remain available for seven days.


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