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SHAREHOLDER UPDATES

Q2 2008 Shareholder Presentation

Investor Conference and Annual Meeting – New York, NY – May 19th

2007 Annual Report

AMERICAN CAPITAL NEWS

American Capital Declares $1.05 Q3 2008 Dividend, Reports $0.71 NOI and $0.95 Realized Earnings in Q2 2008

American Capital Announces Senior Management Expansion

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PRESS COVERAGE

Buyouts Beat: Five Questions with Bowen Diehl, Buyouts

American Capital Portfolio Company Confluence's new CEO aims to boost sales, The Greenville News

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NEWSLETTER

American Capital Newsletter

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OUR PEOPLE

Helen Yang

Principal, Buyouts

Helen Yang joined American Capital in January 2006 as a Vice President in the New York office. Prior to joining American Capital, she was a Vice President at Lightyear Capital, a New York based private equity fund with $2 billion under management. At Lightyear, Helen evaluated and executed a variety of principal investments in the communications, energy, financial and business services sectors. Previously, she was with Bankers Trust Capital Partners focusing on middle-market investments. Helen began her career with Bear Stearns & Co. Inc., in the Health Care Investment Banking group.

Helen received a B.S. from Massachusetts Institute of Technology, where she was elected to Phi Beta Kappa. She received an M.B.A. with honors from The Wharton School of the University of Pennsylvania.

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