Gladstone Capital Announces Monthly Cash Distribution for July, August and September

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MCLEAN, Va., July 8, 2009 (GLOBE NEWSWIRE) -- Gladstone Capital Corp. (Nasdaq:GLAD) (the "Company") announced today that the Board of Directors declared monthly cash distributions of $0.07 per common share for each of the months of July, August and September of 2009.

Summary Table for Cash Distributions for the Quarter Ending September 30, 2009: 


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  Declared    X-Date     Record Date    Payment Date        Cash
                                                        Distribution
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   July 8     July 21      July 23        July 31          $0.07
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   July 8    August 19    August 21      August 31         $0.07
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   July 8  September 18  September 22   September 30       $0.07
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Gladstone Capital offers a Dividend Reinvestment Plan (DRIP). For more information regarding the DRIP, please visit our website at www.GladstoneCapital.com.

Gladstone Capital Corporation 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 our website at www.GladstoneCapital.com. 

CONTACT:  Gladstone Capital Corporation
          Investor Relations
          703-287-5893

Released July 8, 2009