PORTFOLIO RECOVERY ASSOCS IN

CUSIP: 73640Q105 Class: COM

Philadelphia Financial Management of San Francisco, LLC's Holding History (CIK: 0001351407)

Note: Option positions (PUT/CALL) are excluded.

Q4 2013
Shares 321,284 Value ($000) $16,977 Avg Close — Range —
Q3 2013
Shares 228,611 Value ($000) $13,701 Avg Close — Range —