American Capital to Report First Quarter Earnings Shareholder Call Scheduled for May 1

Apr 26, 2001, 01:00 ET from American Capital Strategies Ltd.

    BETHESDA, Md., April 26 /PRNewswire/ -- American Capital Strategies Ltd.
 (Nasdaq:   ACAS) today announced that it will report first quarter earnings on
 April 30, 2001.  American Capital invites its prospective shareholders,
 shareholders and analysts to attend the American Capital Shareholder Call on
 Tuesday, May 1, at 11 a.m. EDT.  The dial in number is 877-209-9923.  Please
 advise the operator you are dialing in for the American Capital Shareholder
 Call.
     During the Shareholder Call, we would like to invite you to turn to our
 shareholder website, http://www.ACASOnline.com , and click on the May 1
 Shareholder Call Slide Show to view slides displaying information concerning
 some of the issues that will be discussed during the conference call.  This
 slide show will be made available shortly after the earnings release on April
 30.  We hope that you will take the time to review the slides in advance of
 the Shareholder Call.  We do not intend to review all the slides during the
 Shareholder Call so that we can devote more time for questions and answers.
     For the convenience of our shareholders, there will be a recording
 available from 6 p.m. May 1 through 11:59 p.m. May 13, 2001.  If you are
 interested in hearing the recording of the presentation, please dial
 800-475-6701 and enter code 582069.  International callers may dial
 320-365-3844 and enter the same code, 582069.  We will also have the
 Shareholder Slide Show available on our website at http://www.ACASOnline.com .
     For further information or questions, please do not hesitate to call our
 Shareholder Relations department at 301-951-6122.
     American Capital is a publicly traded buyout and mezzanine fund.  American
 Capital is an equity partner in management and employee buyouts; invests in
 debt and equity of companies led by private equity firms, and provides capital
 directly to private and small public companies.  American Capital funds
 growth, acquisitions and recapitalizations.  Companies interested in learning
 more about American Capital's flexible financing and transactional expertise
 should contact John Hoffmire, Senior Investment Officer, at 781-862-4447, or
 visit our website at http://www.AmericanCapital.com .
 
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SOURCE American Capital Strategies Ltd.
    BETHESDA, Md., April 26 /PRNewswire/ -- American Capital Strategies Ltd.
 (Nasdaq:   ACAS) today announced that it will report first quarter earnings on
 April 30, 2001.  American Capital invites its prospective shareholders,
 shareholders and analysts to attend the American Capital Shareholder Call on
 Tuesday, May 1, at 11 a.m. EDT.  The dial in number is 877-209-9923.  Please
 advise the operator you are dialing in for the American Capital Shareholder
 Call.
     During the Shareholder Call, we would like to invite you to turn to our
 shareholder website, http://www.ACASOnline.com , and click on the May 1
 Shareholder Call Slide Show to view slides displaying information concerning
 some of the issues that will be discussed during the conference call.  This
 slide show will be made available shortly after the earnings release on April
 30.  We hope that you will take the time to review the slides in advance of
 the Shareholder Call.  We do not intend to review all the slides during the
 Shareholder Call so that we can devote more time for questions and answers.
     For the convenience of our shareholders, there will be a recording
 available from 6 p.m. May 1 through 11:59 p.m. May 13, 2001.  If you are
 interested in hearing the recording of the presentation, please dial
 800-475-6701 and enter code 582069.  International callers may dial
 320-365-3844 and enter the same code, 582069.  We will also have the
 Shareholder Slide Show available on our website at http://www.ACASOnline.com .
     For further information or questions, please do not hesitate to call our
 Shareholder Relations department at 301-951-6122.
     American Capital is a publicly traded buyout and mezzanine fund.  American
 Capital is an equity partner in management and employee buyouts; invests in
 debt and equity of companies led by private equity firms, and provides capital
 directly to private and small public companies.  American Capital funds
 growth, acquisitions and recapitalizations.  Companies interested in learning
 more about American Capital's flexible financing and transactional expertise
 should contact John Hoffmire, Senior Investment Officer, at 781-862-4447, or
 visit our website at http://www.AmericanCapital.com .
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X82830318
 
 SOURCE  American Capital Strategies Ltd.