Infrared images at H and Ks of the quasar PG 1545+210 clearly show bot
h extended emission centered on the quasar and a companion galaxy. The
magnitudes of the extended emission deduced from these observations d
epend strongly on the model adopted for the emission. Both an exponent
ial disk model and a de Vaucouleurs model provide adequate fits to the
extended emission. If it is assumed to follow an exponential disk gal
axy, these measurements imply that the host galaxy has absolute magnit
udes comparable with those of a Schechter L galaxy. With this assumpt
ion for the intrinsic light distribution, the H magnitude and the Hubb
le Space Telescope limit on the V magnitude are inconsistent with colo
r predictions for unreddened spiral galaxies at the redshift of the qu
asar. If the data are fitted to a de Vaucouleurs model, the extended e
mission dominates the total energy of the system and significantly exc
eeds that of an L galaxy. The companion galaxy has colors consistent
with its being at the redshift of the quasar, but its luminosity is at
most a small part of that of the entire system. If the companion is a
t the redshift of PG 1545+210, its absolute magnitude is M(H) similar
to-22 mag, significantly fainter than that of an L galaxy.