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Encore Capital Group Earns the President’s Volunteer Service Award

SAN DIEGO, March 25, 2016 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ:ECPG), an international specialty finance company, has received The President’s Volunteer Service Award, a national honor that recognizes companies and individuals for their community service.

Encore’s individual award recipients, 34 in total, helped the company achieve gold level status by providing over 2,750 hours of service during 2015. Volunteerism is core to Encore’s Corporate Social Responsibility Program, which encourages community service. Since the program’s launch in 2013, Encore has donated more than $800,000 and Encore people have volunteered more than 9,000 hours globally to nonprofits that offer a path to dignity and financial self-sufficiency through education, job training and basic support services. Based on the Independent Sector’s estimated value of a volunteer hour1, more than $200,000 in additional support has been provided to Encore communities by committed Encore volunteers.

“We are honored to receive The President’s Volunteer Service Award,” said Sheryl Wright, SVP, Corporate Affairs at Encore Capital Group. “This recognition exemplifies Encore’s commitment to public service and celebrates our generous and dedicated people who give their time and talent to the causes that matter most to them and their communities.”

The President’s Volunteer Service Award is given by the White House, Points of Light and the Corporation for National and Community Service to recognize individuals, families and groups that commit to volunteerism.

About Encore Capital Group, Inc.
Encore Capital Group is an international specialty finance company that provides debt recovery solutions for consumers and property owners across a broad range of assets. Through its subsidiaries around the globe, Encore purchases portfolios of consumer receivables from major banks, credit unions, municipalities, and utility providers.

Encore partners with individuals as they repay their debt obligations, helping them on the road to financial recovery and ultimately improving their economic well-being. Encore is the first and only company of its kind to operate with a Consumer Bill of Rights that provides industry-leading commitments to consumers. Headquartered in San Diego, Encore is a publicly traded NASDAQ Global Select company (ticker symbol: ECPG) and a component stock of the Russell 2000, the S&P Small Cap 600 and the Wilshire 4500. More information about the company can be found at http://www.encorecapital.com. Information found on the company’s website is not incorporated by reference.

1 Calculation based on 2014 value of a volunteer hour at $23.07 - http://www.independentsector.org/volunteer_time

Contact: Kevin Saidler Encore Capital Group, Inc. 619-608-9072 kevin.saidler@encorecapital.com

Source:Encore Capital Group, Inc