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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

Jonathan Leiman

Principal, Buyouts

Mr. Leiman joined American Capital in March 2002 and is a Principal in the Chicago office. Prior to joining American Capital, Mr. Leiman worked in the mergers and acquisitions group at Piper Jaffray. While at Piper, he advised middle market companies in M&A, leveraged buyouts, private placements, and public equity offerings. Mr. Leiman also worked in the corporate finance group at PricewaterhouseCoopers Securities.

Mr. Leiman received his MBA from the Kellogg School of Management at Northwestern University and his BBA from the University of Michigan.

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