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Q3 2008 Shareholder Presentation

Investor Fact Sheet

2007 Annual Report

AMERICAN CAPITAL NEWS

American Capital Provides Details of $73 Million Net Realized Portfolio Gains from Third Quarter 2008 Exits

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

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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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OUR PEOPLE

+44 (0)20 7539 7000 Alex Morey

Director, UK Buyouts

Alex joined European Capital in 2006 as a Director in the UK Buyout Team. Alex was formerly a Director at CSFB Private Equity, which he joined in 1996. At CSFB Private Equity, Alex was responsible for the origination, execution, monitoring and realisation of UK and European buyouts.

Recent investments include the €2.3 billion acquisition of Dynamit Nobel and its merger with Rockwood Holdings, which has successfully exited by flotation on the NYSE and the €1.2 billion acquisition of Nycomed, which has also attained a successful exit through a sale to another private equity firm.

Alex has served on the Boards of numerous portfolio companies in the UK, Europe and the US ranging in size from start-ups to revenues of over $3 billion.

Prior to his time at CSFB Private Equity, Alex was with Arthur Andersen Corporate Finance which he joined in 1993 and where he advised on UK buyouts. Previously, he worked with Price Waterhouse in the corporate finance team which he joined in 1988 and where he qualified as aChartered Accountant in 1991.