Gladstone Capital Corporation Announces Monthly Cash Distributions for April, May and June

MCLEAN, Va., April 7, 2010 (GLOBE NEWSWIRE) -- Gladstone Capital Corporation (Nasdaq:GLAD) (the "Company") announced today that its board of directors declared monthly cash distributions of $0.07 per share of common stock for each of April, May and June of 2010.

Summary Table for Cash Distributions for Quarter Ending June 30, 2010:

         Declared            X-Date      Record Date    Payment Date     ion
  ----------------------  ------------  -------------  -------------  ----------

         April 7            April 20       April 22       April 30       $0.07
  ----------------------  ------------  -------------  -------------  ----------

         April 7             May 18        May 20         May 28         $0.07
  ----------------------  ------------  -------------  -------------  ----------

         April 7             June 18       June 22        June 30        $0.07
  ----------------------  ------------  -------------  -------------  ----------

                                              Total for the Quarter:     $0.21
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The Company offers a dividend reinvestment plan (the "DRIP") to its shareholders. For more information regarding the DRIP, please visit

To comply with the requirements of Section 19(a) of the Investment Company Act of 1940, as amended, the Company will post a Section 19(a) notice through the Depository Trust Company's Legal Notice System (LENS) and send out to its registered shareholders a Section 19(a) notice along with the payment of dividends declared for June. This notice will not be for tax reporting purposes and will be provided solely for informational purposes.

The Company is a specialty finance company that invests in debt securities consisting primarily of senior term loans, second term lien loans, and senior subordinate term loans in small and medium sized businesses. For more information please visit or contact Investor Relations at 703-287-5893.

CONTACT: Gladstone Capital Corporation
         Investor Relations