Encore Capital Group Files Shelf Registration Statement

SAN DIEGO — Encore Capital Group, Inc. (Nasdaq: ECPG) announced today that it has filed a universal shelf registration statement on Form S-3 with the Securities and Exchange Commission ("SEC").  Upon being declared effective by the SEC, the shelf registration will allow the Company the flexibility from time to time to offer and sell up to $150 million of debt securities, preferred stock, common stock and warrants, or any combination thereof, at prices and on terms to be determined at the time of the applicable offerings.

The registration statement has been filed with the SEC but has not yet become effective.  The securities registered may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.  This press release does not constitute an offer to sell or the solicitation of an offer to buy the securities, nor shall there be any sale of the securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under securities laws of any such state or jurisdiction.  Any offering of these securities will be made solely by means of a prospectus and an accompanying prospectus supplement relating to that offering.

Copies of the prospectus included in the shelf registration may be obtained on the SEC’s website at www.sec.gov or directly from Encore Capital Group by writing to Corporate Secretary, 8875 Aero Drive, Suite 200, San Diego, California 92123 or by calling (858) 309-6904.

About Encore Capital Group, Inc.
Encore Capital Group, Inc. is a systems-driven purchaser and manager of charged-off consumer receivables portfolios. More information on the Company can be found at www.encorecapitalgroup.com.