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SHAREHOLDER UPDATES

Q3 2008 Shareholder Presentation

2007 Annual Report

AMERICAN CAPITAL NEWS

American Capital to Present at Merrill Lynch Banking & Financial Services Conference

American Capital Announces Plan To Acquire European Capital, Revises Dividend Policy and Reports Q3 2008 Earnings

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PRESS COVERAGE

American Capital Dons Debt Hat, Promenades To A Stronger Exit, Dow Jones Private Equity Analyst

Buyouts Beat: Five Questions with Bowen Diehl, Buyouts

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NEWSLETTER

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INVESTOR RELATIONS

Analyst Coverage

American Capital does not endorse or adopt any of the opinions expressed in these or any other analyst reports or articles. Their reports and articles express the views of the author, not American Capital. The views of the company management with respect to the company's historical performance and future prospects are contained in the company's SEC filings.

Avondale Partners Contact:
Sean Jackson
(615) 467-3525
sjackson@avondalepartnersllc.com
Baird Logo Contact:
Kenneth S. James
(615) 341-7119
kjames@rwbaird.com
BBandT Contact:
Vernon Plack
(804) 780-3257
vplack@bbandtcm.com
BMO Contact:
David Chiaverini
(212) 885-4115
david.chiaverini@bmo.com
FBR Contact:
Scott Valentin
(703) 469-1124
svalentin@fbr.com
Fox-Pitt Kelton Cochran Caronia Waller Contact:
Matt Howlett
(212) 857-6163
Matt.Howlett@fpk.com
Hilliard Lyons Contact:
Ross Demmerle
(502) 588-4190
rdemmerle@hilliard.com
JPMorgan Contact:
Jim Ballan
(212) 622-0149
James.Ballan@jpmorgan.com
KBW Contact:
Sanjay Sakhrani
(212) 887-7723
ssakhrani@kbw.com
Merrill Lynch Contact:
Faye Elliott
(212) 449-9503
faye_elliott@ml.com
Morgan Stanley Contact:
Hojoon Lee
(212) 761-0040
Hojoon.Lee@morganstanley.com
RBC Capital Markets Contact:
Jon Arfstrom
(612) 373-1785
jon.arfstrom@rbccm.com
Standard & Poors Contact:
Matthew Albrecht
212-438-1867
Matthew.Albrecht@sandp.com
Stifel Nicolaus Contact:
Troy Ward
(314) 342-2714
wardt@stifel.com
Wachovia Contact:
Jim Shanahan
(443) 263-6546
Jim.Shanahan@wachovia.com
William Blair and Company Contact:
John Neff
(312) 364-8914
jneff@williamblair.com