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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

American Capital Newsletter

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OUR PEOPLE

(301) 951-6122John Erickson

President, Structured Finance and Chief Financial Officer

John Erickson

John Erickson joined American Capital as Chief Financial Officer in January of 1998. He has more than 15 years of finance and accounting experience in private and public company settings.

Mr. Erickson spent nearly eight years with Storage USA, Inc. (NYSE:SUS) and its related subsidiaries. He served as the Chief Financial Officer and managed Storage USA's capitalization growth from $30 million to more than $1 billion during his tenure. Mr. Erickson negotiated and structured in excess of $750 million in public and private debt and equity offerings for Storage USA including its initial public offering. In addition to his capital raising activities, Mr. Erickson developed the business plan, structured and served as President of Storage USA Franchise Corp., a subsidiary which provides franchise services to the self-storage industry.

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