Allied Capital Commercial Corp. increases quarterly dividend by 2.5% to 41 cents per share.

WASHINGTON--(BUSINESS WIRE)--Aug. 10, 1995--The board of directors of Allied Capital Commercial Corporation (ALCC) declared the company's third quarter dividend Thursday in the amount of 41 cents per share, which represents a 2.5% increase over the second quarter dividend.

This is the seventh quarterly dividend increase the company has announced in as many quarters. The relevant dates are as follows: -0-

              Amount:             41 cents per share
              Ex-dividend Date:   Sept. 13, 1995
              Record Date:        Sept. 15, 1995
              Payment Date:       Sept. 29, 1995-0-

Allied Capital Commercial Corp. is a publicly traded mortgage REIT headquartered in Washington, D.C., traded on the Nasdaq National Market, symbol ALCC. There are a total of 13,470,682 shares outstanding.

The company currently pays a regular quarterly cash dividend of 41 cents per share and for 1994 paid an extra cash distribution of 22 cents per share for a total distribution to shareholders for 1994 of $1.47 per share. A recent stock quote is $17.625 per share and the shares are marginable.

For additional information or a copy of the company's most recent annual report, please contact Allied Capital's Investor Relations Department at 202/331-1112 or fax to 202/659-2053.

CONTACT: Allied Capital, Washington

Suzanne Sparrow, 202/331-1112