Does this car have a PCV valve and where is it exactly located?

Yes, it's on the intake manifold. Look for an approx. 3/8" dia. Hose going to a component that looks like this:

http://www.partsamerica.com/ProductList.aspx?PartType=5&PTSet=A&SearchFor=PCV%20Valve

Will be pressed into a rubber grommet on intake manifold.

Just above the oil filler cap.