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Allied Capital to Move to the New York Stock Exchange.


Business Editors

WASHINGTON--(BUSINESS WIRE)--April 24, 2001

Allied Capital Corporation (Nasdaq:ALLC ALLC Association for Literary and Linguistic Computing
ALLC Allied Capital Corporation (stock symbol)
ALLC Army Logistics Leadership Center (Red River Defense Complex, Texarkana, TX) 
) today announced that it has been cleared to list its common stock on the New York Stock Exchange New York Stock Exchange (NYSE)

World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City.
, and will begin trading on June 6, 2001 under the symbol "ALD ALD
abbr.
adrenoleukodystrophy


ALD,
n.pr See adrenoleukodystrophy.


ALD

aldolase.
". This listing transfer to the NYSE NYSE

See: New York Stock Exchange
 underscores Allied Capital's position as one of the leading publicly traded private equity firms in the United States.

Bill Walton, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , remarked, "As Allied Capital has grown and prospered, our fundamentals and trading characteristics have continued to attract both retail and institutional investors. We believe our move to the NYSE will establish the Allied Capital name more firmly with investors in the United States and abroad. Our move to the NYSE is just one more visible sign of Allied Capital's commitment to increase value for our shareholders. Nasdaq has been a strong partner for Allied Capital for more than 40 years, and we thank Nasdaq for its support and high quality of service."

NYSE Chairman and CEO Dick Grasso said, "Allied Capital's experience and innovation in the private finance industry has made them a market leader, and exemplifies the kind of companies we seek to list. We are proud to welcome Allied Capital to the New York Stock Exchange."

Beginning on June 6, 2001, Allied Capital will trade under the stock symbol "ALD". Until that day, Allied Capital will continue to trade on the Nasdaq National Market under ticker symbol Ticker Symbol

An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors
 "ALLC." Allied Capital's CUSIP number CUSIP Number

An identification number assigned to all stocks and registered bonds. The Committee on Uniform Securities Identification Procedures (CUSIP) oversees the entire CUSIP system.

Notes:
This system is used in the U.S. and Canada.
, 01903-Q10-8, and transfer agent, American Stock Transfer & Trust Company, will remain the same.

About Allied Capital

Allied Capital is the nation's largest business development company, and provides long-term investment capital to support the expansion of growing companies. The company provides mezzanine debt and equity financing, and also participates in the real estate capital markets as an investor in commercial mortgage-backed securities. 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

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 the company's periodic filings with the Securities and Exchange Commission.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Apr 24, 2001
Words:403
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