Statement re Tax Status of 2008 Dividends

 

TIDMECAS 
 
RNS Number : 4708M 
American Capital, Ltd. 
29 January 2009 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
FOR IMMEDIATE RELEASE 
January 28, 2009 
 
 
Contact: 
Amanda Cuthbertson, Director, Investor Relations [phone] 
Pete Deoudes, Director, Equity Capital Markets [phone] 
 
 
AMERICAN CAPITAL ANNOUNCES TAX STATUS OF 2008 DIVIDENDS 
 
 
Bethesda, MD - January 28, 2009 - American Capital Ltd. (Nasdaq:ACAS) announced 
today that its 2008 distributions of $3.09 per share consisted of $2.39 per 
share of ordinary income and $0.70 per share of long-term capital gain 
distributions for federal income tax purposes. Stockholders receiving long-term 
capital gain distributions may receive preferential tax rates on such income. 
American Capital also announced that of its 2008 ordinary dividends, $2.38 per 
share were non-qualifying dividends and $0.01 per share were qualified 
dividends. The $0.01 per share of qualified dividends reflect qualified dividend 
income received by American Capital from portfolio companies in 2008. Qualified 
dividend income is dividend income received from qualified domestic and foreign 
corporations. Qualified dividend income is taxed to stockholders at the rates 
that apply to capital gains. Please consult your tax advisors. 
American Capital stockholders should receive IRS Form 1099-DIV containing this 
information from their brokers, transfer agents or other institutions. 
American Capital must make certain distributions of its taxable income in order 
to maintain its tax status as a regulated investment company. Investors can 
refer to the Company's most recent report on SEC Form 10-K for more information 
about its tax status. American Capital reports the estimated tax characteristics 
of each dividend when announced, while the actual tax characteristics of each 
year's dividends are reported annually to stockholders on Form 1099-DIV. 
 
 
 
 
 
 
 
 
 
 
Information on dividends paid by American Capital for 2008 is provided below. 
+----------+----------+--------------+-----------+-------------+---------+--------------+---------------+-----------+ 
|  Record  | Payment  |Distribution  | Ordinary  |Distributed  | Return  |  Long-Term   |Non-Qualified  |Qualified  | 
|  Date    |  Date    |  Rate per    |Dividends  |  Capital    |   of    |   Capital    |   Dividend    | Dividend  | 
|          |          |    Share     |    %      |   Gain %    |Capital  |    Gain      |               |           | 
|          |          |              |           |             |    %    |Distribution  |               |           | 
+----------+----------+--------------+-----------+-------------+---------+--------------+---------------+-----------+ 
|          |          |              |           |             |         |              |               |           | 
+----------+----------+--------------+-----------+-------------+---------+--------------+---------------+-----------+ 
|10/06/08  |10/14/08  |    $1.05     |   100%    |     0%      |   0%    |    $0.00     |    $1.04      |  $0.01    | 
+----------+----------+--------------+-----------+-------------+---------+--------------+---------------+-----------+ 
| 6/13/08  | 7/01/08  |    $1.03     |    32%    |    68%      |   0%    |    $0.70     |    $0.33      |  $0.00    | 
+----------+----------+--------------+-----------+-------------+---------+--------------+---------------+-----------+ 
| 3/07/08  | 4/01/08  |    $1.01     |   100%    |     0%      |   0%    |    $0.00     |    $1.01      |  $0.00    | 
+----------+----------+--------------+-----------+-------------+---------+--------------+---------------+-----------+ 
|        Total        |    $3.09     |    77%    |    23%      |   0%    |    $0.70     |    $2.38      |  $0.01    | 
+----------+----------+--------------+-----------+-------------+---------+--------------+---------------+-----------+ 
 
 
ABOUT AMERICAN CAPITAL 
American Capital, with $17 billion in capital resources under management1, is 
the only private equity fund and the largest alternative asset management 
company in the S&P 500. American Capital, both directly and through its global 
asset management business, originates, underwrites and manages investments in 
private equity, leveraged finance, real estate and structured products. American 
Capital and its affiliates invest from $5 million to $400 million per company in 
North America and EUR5 million to EUR100 million per company in Europe. American 
Capital was founded in 1986 and currently has 11 offices in the U.S., Europe and 
Asia. 
 
 
1As of September 30, 2008. 
 
 
Performance data quoted above represents past performance of American Capital. 
Past performance does not guarantee future results and the investment return and 
principal value of an investment in American Capital will likely fluctuate. 
Consequently, an investor's shares, when sold, may be worth more or less than 
their original cost. Additionally, American Capital's current performance may be 
lower or higher than the performance data quoted above. 
 
 
This press release contains forward-looking statements. The statements regarding 
expected results of American Capital are subject to various factors and 
uncertainties, including the uncertainties associated with the timing of 
transaction closings, changes in interest rates, availability of transactions, 
changes in regional, national or international economic conditions, or changes 
in the conditions of the industries in which American Capital has made 
investments. 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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