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Q3 2008 Shareholder Presentation

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 PORTFOLIO

American Capital Portfolio Companies

Affordable Care, Inc.

American Capital Invests in Affordable Care for Add-On Acquisition

Bethesda, MD – July 25, 2008 – American Capital Ltd. (Nasdaq: ACAS) announced today that in June it invested in its portfolio company Affordable Care, Inc. to support the acquisition of a management services platform supporting five dental practices from Fields Dental Management LLC and Piedmont Dental Center P.A., a dental care provider with locations in South Carolina. Affordable Care is a dental practice management services company that supports a network of affiliated dental practices providing removable prosthetics and related services. [more]

Affordable Care

Affordable Care