FOR IMMEDIATE RELEASE:
June 26, 2007

Contact
Sean Eagle, Principal (301) 951-6122
Brian Maney, Director, Corporate Communications (301) 951-6122

AMERICAN CAPITAL INVESTS $106 MILLION IN ONE STOP BUYOUT™ OF TRIVIN

Bethesda, MD – June 26, 2007 – American Capital Strategies Ltd. (Nasdaq:ACAS) announced today that it and an affiliate have invested $106 million in the One Stop Buyout ™ of triVIN Inc., a leading provider of title management services to automobile lenders and electronic vehicle registration services to automobile dealers.  triVIN provides its services through two wholly-owned subsidiaries, FDI Collateral Management Inc. (“FDI”) and General Systems Solutions Inc. (“GSS”).  American Capital’s investment takes the form of a senior term loan, senior and junior subordinated debt and convertible preferred and common equity.  American Capital is also providing a revolving credit facility. American Capital Equity Fund I LLC, a fund managed by American Capital, provided 30% of the American Capital equity investment.  triVIN’s management team is also making a significant equity investment.

“We are investing in a company that is streamlining the traditionally labor and time intensive tasks of vehicle title and registration management,” said Brian Graff, American Capital Regional Managing Director.  “We worked alongside an outstanding management team to develop a one stop financing package that will enable the Company to continue on its robust growth trajectory.  We were also able to leverage a number of our internal resources, including the Financial Analysis and Compliance Team, the Operations Team, the Technology Group and the Legal Team, to ensure an efficient and effective due diligence process for this investment.”

American Capital has invested directly and through its funds under management $9.5 billion in the last twelve months, $5.4 billion year to date and approximately $3.5 billion quarter to date.  Not including funds under management, American Capital has invested $6.8 billion in the last twelve months, $3.9 billion year to date and approximately $2.5 billion quarter to date.  For more information about American Capital’s portfolio, click here.

“Growth in FDI’s car title and lien management services continues to gain momentum through the outsourcing trends being adopted by auto lenders across the country.  In addition, GSS is at the forefront of an industry driven by the pace of automotive transactions and a shift by state Departments of Motor Vehicles and auto dealers towards automating car registrations,” said Sean Eagle, American Capital Principal.  ”As a leading provider of electronic registration and both electronic and paper-based title outsourcing services, triVIN has developed substantial subject matter expertise that thousands of customers rely upon to successfully execute their daily operating activities.”

“triVIN has invested heavily in the software platforms required to maximize the value of its title and registration management services for its customer base,” said Jon Isaacson, American Capital Managing Director.  “triVIN anticipates accelerated growth as its FDI subsidiary continues to add new customers and continues to convert electronic titling-only customers to a full business process outsourcing solution.  In addition, triVIN also expects its GSS subsidiary to expand as auto dealers increasingly outsource back-office functions and as GSS enters into new states.”

triVIN consists of two operating subsidiaries, FDI and GSS.  FDI provides third-party electronic and paper-based lien and title solutions that allow lenders to outsource the management of vehicle titles held as collateral for loans.  GSS provides electronic vehicle registration software and services that allow auto dealers and fleet companies to electronically register vehicles directly with state Departments of Motor Vehicles.  FDI provides vehicle title administration services to some of the nation's largest banks and captive automotive finance companies.  GSS’s customers are franchised and independent automobile dealers, as well as national fleet and rental companies.  triVIN is headquartered in Groton, CT and has facilities in Vooreheesville, NY and Sacramento, CA.  triVIN has more than 600 employees.

“We are delighted with American Capital’s investment in triVIN,” said Bill Rountree, triVIN CEO. “American Capital brings not only enormous financial resources but also invaluable experience with enterprise software companies.  We look forward to working together as we build on triVIN’s well-established market position.”

ABOUT AMERICAN CAPITAL

American Capital is the third largest U.S. publicly traded alternative asset manager with $12 billion in assets under management (third to The Blackstone Group (NYSE: BX) and Fortress (NYSE: FIG)).  American Capital, both directly and through its global asset management business, is an investor in management and employee buyouts, private equity buyouts, and early stage and mature private and public companies.  American Capital provides senior debt, mezzanine debt and equity to fund growth, acquisitions, recapitalizations and securitizations.  American Capital and its affiliates invest from $5 million to $800 million per company in North America and €5 million to €500 million per company in Europe.

As of May 31, 2007, American Capital shareholders have enjoyed a total return of 656% since the Company's IPO—an annualized return of 23%, assuming reinvestment of dividends.  American Capital has paid a total of $1.6 billion in dividends and paid or declared $24.24 dividends per share since going public in August 1997 at $15 per share.

Companies interested in learning more about American Capital's flexible financing should contact Mark Opel, Senior Vice President, Business Development, at (800) 248-9340, or visit www.AmericanCapital.com or www.EuropeanCapital.com.

Performance data quoted above represents past performance of American Capital. Past performance does not guarantee future results and the investment return and principal value of an investment in American Capital will likely fluctuate. Consequently, an investor's shares, when sold, may be worth more or less than their original cost. Additionally, American Capital's current performance may be lower or higher than the performance data quoted above.

This press release contains forward-looking statements. The statements regarding expected results of American Capital are subject to various factors and uncertainties, including the uncertainties associated with the timing of transaction closings, changes in interest rates, availability of transactions, changes in regional, national or international economic conditions, or changes in the conditions of the industries in which American Capital has made investments.

This announcement is neither an offer to sell nor a solicitation to buy securities. This announcement appears as a matter of record only.