Portfolio Recovery Associates to Present at JP Morgan Small Cap Conference

Portfolio Recovery Associates, Inc., a company that purchases and manages portfolios of defaulted consumer receivables and provides a broad range of accounts receivable management services, announced today that Steve Fredrickson, CEO and Kevin Stevenson, Chief Financial and Administrative Officer will be making a presentation to the investment community at the JP Morgan Small Cap Conference to be held in Philadelphia, PA on Thursday, February 16th, 2006.

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 2:45 PM ET 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.