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NEWS

Articles and Press Releases for the Year 1997

Date		Headlines
12/23/1997		American Capital Strategies Director, Stan Lundine, Appointed Executive Director of the Foundation for Enterprise Development
12/22/1997		American Capital Strategies Funds Acqusition by Thurteen Investments, Inc.
12/19/1997		American Capital Strategies Co-Invested in Churchill Esop Capital Partners
12/19/1997		American Capital Strategies Appoints Chief Financial Officer
11/06/1997		American Capital Strategies, Ltd. Reports Third Quarter Pre-Tax Operating Income Declares First Dividend of $0.21 Per Share
10/14/1997		American Capital Strategies Funds Acquisition by Four-S
08/29/1997		American Capital Strategies Completes Initial Public Offering
05/09/1997		Acs Teams Up with Employees to Buy Biddeford Textile