Ares Capital Corporation Closes Public Offering of Common Stock Including Overal

Merrill Lynch, Pierce, Fenner & Smith Incorporated acted as theunderwriter.

The Company expects to use the net proceeds of this offering torepay outstanding indebtedness and for other general corporatepurposes.

ABOUT ARES CAPITAL CORPORATION

Ares Capital Corporation is a specialty finance company that is aclosed-end, non-diversified management investment company regulated asa business development company under the Investment Company Act of1940. Its investment objective is to generate both current income andcapital appreciation through debt and equity investments. Ares CapitalCorporation invests primarily in first and second lien senior loansand mezzanine debt, which in some cases includes an equity component,and, to a lesser extent, in equity investments in private middlemarket companies.

FORWARD-LOOKING STATEMENTS

Statements included herein may constitute "forward-lookingstatements," which relate to future events or our future performanceor financial condition. These statements are not guarantees of futureperformance or results and involve a number of risks anduncertainties. Actual results may differ materially from those in theforward-looking statements as a result of a number of factors,including those described from time to time in our filings with theSecurities and Exchange Commission. Ares Capital Corporationundertakes no duty to update any forward-looking statements madeherein.

AVAILABLE INFORMATION

Ares Capital Corporation's filings with the Securities andExchange Commission, press releases, earnings releases and otherfinancial information are available on the Internet at.