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Gladstone Capital today filed with the SEC a shelf registration statement to be used for general corporate purposes. The company has no immediate plans to issue any shares.
 


McLean, VA: Gladstone Capital Corp. (NASDAQ: GLAD) announced today that it had filed a general shelf registration statement for the issuance of up to $75 million in additional common stock. The filing is a routine general filing that positions the Company to issue stock in the future, although there is no plan in the immediate future to issue any of the stock.

"We are filing a general shelf registration in order to have shares available if we elect to issue stock in the future," said a spoksperson for the company. "While we have no immediate purpose today for these shares, we want to have the shares ready if an opportunity should present itself, but at this time we do not have a specific need to issue any new shares."

For further information contact Harry Brill or Skye Breeden at (703) 286-7000.

This press release may include statements that may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements with regard to the future performance of the Company. Words such as "believes" and "future" or similar expressions are intended to identify forward-looking statements. These forward-looking statements inherently involve certain risks and uncertainties, although they are based on the Company's current plans that are believed to be reasonable as of the date of this press release. Factors that may cause the Company's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements include, among others, those factors listed under the caption "Risk factors" of the Company's prospectus dated August 23, 2001, as filed with the Securities and Exchange Commission on August 24, 2001. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.