PRA Group Names Chief Information Security Officer

NORFOLK, Va., July 29, 2015 (GLOBE NEWSWIRE) -- PRA Group (Nasdaq: PRAA), a global leader in acquiring non-performing loans, today announced that Devon Arendosh has been named chief information security officer.

A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=34796

Arendosh has more than 30 years of experience in information technology, with the past 10 years specifically focused on information security. She joins PRA from Markel Corporation where she served as director of IT security. She previously held roles with Allianz Global Assistance including global director of IT security and compliance, director of IT security and compliance, director of enterprise architecture, director of data and system services, and data services manager.

She earned a Bachelor of Science degree in information systems from Virginia Commonwealth University and a Master of Business Administration degree from Averett University. Her professional certifications include Certified Information Systems Security Professional (CISSP), Certified Information Security Manager (CISM), Certified in Risk and Information Systems Control (CRISC) and COBIT 5.

About PRA Group

As a global leader in acquiring non-performing loans, PRA Group (Nasdaq: PRAA) returns capital to global banks and other creditors to help expand financial services for consumers in North America and Europe. PRA Group companies collaborate with customers to help them resolve their debt and provide a broad range of additional revenue and recovery services to business and government clients.

PRA has been recognized as one of Fortune's 100 Fastest-Growing Companies for the past three years and one of Forbes' Best Small Companies in America for eight consecutive years since 2007. For more information, please visit www.pragroup.com.

CONTACT: Media Contact:

         Nancy Porter
         Vice President, Corporate Communications
         (757) 431-7950
         [email protected]

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