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Allied Capital Increases Dividend to $0.57 Per Share; Earnings to be Released February 13, 2003; Conference Call Scheduled.


Business Editors

WASHINGTON--(BUSINESS WIRE)--Feb. 7, 2003

Allied Capital Corporation (NYSE NYSE

See: New York Stock Exchange
: ALD ALD
abbr.
adrenoleukodystrophy


ALD,
n.pr See adrenoleukodystrophy.


ALD

aldolase.
) today announced that it has declared a first quarter dividend of $0.57 per share. This dividend represents the 158th consecutive quarterly dividend for Allied Capital shareholders since 1963. Allied Capital distributed a total of $2.23 per share to shareholders for 2002, including $2.20 in regular quarterly dividends.

The dividend is payable as follows:

Record date: March 14, 2003

Payable date: March 28, 2003

Earnings to be Released February February: see month.  13, 2003; Investor Web Cast/ Conference Call Scheduled

Allied Capital Corporation (NYSE: ALD) will release 2002 results on Thursday, February 13, 2003 before the market opens. The company will host a webcast/ conference call at 10:15 a.m. (Eastern Time) that morning to discuss the results for the year. All interested parties are welcome to attend the live webcast, which will be hosted through our web site at www.alliedcapital.com. Please visit the web site to test your connection before the call. You can also access the conference call by dialing (888) 689-4612 approximately 15 minutes prior to the call. International callers should dial (706) 645-0106. All callers should reference the passcode "Allied Capital".

An archived replay of the event will be available on our web site or by calling (800) 642-1687 through February 27, 2003 (international callers please dial (706) 645-9291). Please reference passcode "7422447". For complete information about the webcast / conference call and the replay, please visit our web site or call Allied Capital Investor Relations Investor relations

The process by which the corporation communicates with its investors.
 at (888) 818-5298.

About Allied Capital

Allied Capital is the nation's largest business development company and provides long-term debt Long-Term Debt

Loans and financial obligations lasting over one year.

Notes:
For example debts obligations such as bonds and notes which have maturities greater than one year would be considered long-term debt.
 and equity investment capital primarily to support the expansion of private companies in a variety of industries. The company also participates in the real estate capital markets as an investor in non-investment grade commercial mortgage-backed securities Commercial mortgage-backed securities (CMBS) are a type of bond commonly issued in American security markets. They are a type of Mortgage-backed security which are backed by mortgages on commercial rather than residential real estate. . The company is headquartered in Washington, DC. For more information, please visit the web site at www.alliedcapital.com, call Allied Capital Investor Relations toll-free at (888) 818-5298, or e-mail us at ir@alliedcapital.com.

Forward-Looking Statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 

The information contained in this press release contains forward-looking statements. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. Certain factors could cause actual results and conditions to differ materially from those projected in these forward-looking statements, and these factors are enumerated This term is often used in law as equivalent to mentioned specifically, designated, or expressly named or granted; as in speaking of enumerated governmental powers, items of property, or articles in a tariff schedule.  in Allied Capital's filings with the Securities and Exchange Commission.

This communication shall not constitute an offer to sell or a solicitation solicitation

In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual
 of an offer to buy, nor shall there be any sale of these securities in any State in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such State.
COPYRIGHT 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Feb 7, 2003
Words:456
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