Gladstone Capital Announces Proxy Filing and Conference Call Date to Discuss Proxy Proposals

MCLEAN, Va.--(BUSINESS WIRE)-- Gladstone Capital Corporation (NASDAQ:GLAD) (the "Company") announced today that it plans to hold a conference call on Friday, January 9, 2009 at 8:30 am EST to discuss the matters scheduled for a vote at this year's annual shareholders meeting. The Company's proxy statement for the annual shareholders meeting (the "Proxy Statement") was mailed to stockholders and filed with the U.S. Securities and Exchange Commission (the "SEC") on Friday, December 12, 2008. The matters scheduled for a vote at the annual meeting, as described in the Proxy Statement, are as follows:

1) The election of four directors to hold office until the 2012 annual meeting;

2) The approval of a proposal to authorize the Company to sell shares of its common stock at a price below its then current net asset value per share; and

3) The ratification of the selection by the audit committee of the board of directors of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for its fiscal year ending September 30, 2009.

The Proxy Statement describing the proposals is available on the Company's website at, and is also available at the SEC's website at Stockholders will have an opportunity to ask questions regarding the proposals during the conference call. You may call (877) 407-8031 to enter the conference, and an operator will monitor the call and set a queue for the questions.

The conference call replay will be available two hours after the call and will be available through the date of the annual meeting, Thursday, February 19, 2009. To hear the replay, please dial (877) 660-6853 and use access code 286 and ID code 301296. The call will also be available via webcast at

For further information contact Kerry Finnegan at 703-287-5893.

This press release may include statements that may constitute "forward-looking statements," including statements with regard to the future performance of the Company. Words such as "should," "believes," "feel," "expects," "confident," "projects," "strive," "goals," 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 Form 10-K for the fiscal year ended September 30, 2008, as filed on December 2, 2008. The risk factors set forth in the Form 10-K under the caption "Risk Factors" are specifically incorporated by reference into this press release. 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.

    Source: Gladstone Capital Corporation