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			&lt;b&gt;American Capital Invests $30 Million in Edge Products &lt;/b&gt;&lt;br&gt;
			
			
&lt;p&gt;BETHESDA, Md., April 4  /PRNewswire-FirstCall/ -- American Capital Strategies Ltd.  announced today it has invested $30 million in Edge Products LLC, a leading designer and manufacturer of performance related automotive aftermarket parts.  American Capital's investment takes the form of a senior term loan, senior subordinated debt, junior subordinated debt and common equity.  American Capital is also providing a revolving credit facility.  Edge will utilize American Capital's investment primarily for growth capital and to recapitalize the Company.&lt;/p&gt;&lt;p&gt;"Our investment in Edge demonstrates our continuing ability to identify profitable, growing middle market companies and then work closely with the owners and management teams to structure and negotiate a mutually advantageous transaction," said American Capital COO Ira Wagner.  "Our ability to provide all of the financing for the transaction continues to be advantageous for American Capital in a competitive marketplace. We look forward to working closely with Edge as they continue their new product development and increase their market penetration."&lt;/p&gt;&lt;p&gt;American Capital invested over $2.2 billion in the last twelve months and over $390 million year to date.  For more information about American Capital's portfolio, go to &lt;a href="http://www.americancapital.com/our_portfolio/our_portfolio.cfm" target="_blank" class="TTIplink"&gt;http://www.americancapital.com/our_portfolio/our_portfolio.cfm&lt;/a&gt;.&lt;/p&gt;&lt;p&gt;"With a loyal customer base, Edge holds a leading market share in the performance electronics aftermarket for trucks," said American Capital Managing Director Frank Do.  "Edge's outstanding management team has successfully leveraged the Company's competitive advantages: first to market ability, strong brand recognition, established national distribution channels and unique product features.  Edge can use its significant advantages to offer its customers increased driving power and towing capabilities as well as increased fuel economy."&lt;/p&gt;&lt;p&gt;"We are excited to be partnering with Edge, a high caliber company," said American Capital Vice President Joshua Phillips.  "Edge's entrepreneurial spirit and dedication to high quality products was instilled by its founders and continues today."&lt;/p&gt;&lt;p&gt;Founded in 1999, Ogden, UT-based Edge designs and manufactures electrical modules and programmers that control the fuel delivery and injection timing on trucks, allowing operators to maximize power, speed, towing capacity and fuel efficiency.  The Company also provides in-cab control display monitors that provide a wide range of information to the user such as vehicle diagnostics. Edge's Attitude 2 (A2) in-cab controller won the 2004 Specialty Equipment Market Association (SEMA) New Product of the Year Award.  Edge's products are manufactured for major truck manufacturers including Ford, Chevy and Dodge trucks and are distributed through numerous warehouse distributors.&lt;/p&gt;&lt;p&gt;"Our partnership with American Capital is important to Edge's future growth as demand increases for performance electronics in the truck and automotive aftermarket," said Edge CEO Paul Lehman.  "With American Capital's financial support and experienced business leadership, Edge is better positioned to expand our coverage of existing markets, address new markets and continue to build Edge brand awareness through extensive sales and marketing efforts."&lt;/p&gt;&lt;p&gt;"American Capital's backing will benefit Edge as demand for our products increases, driven by growth in the number of light and medium-duty trucks, increased market share of diesel powered vehicles and overall growth in the truck and automotive aftermarket, specifically in the performance segment," said Edge President Thomas Carlin.&lt;/p&gt;&lt;p&gt;ABOUT AMERICAN CAPITAL&lt;/p&gt;&lt;p&gt;American Capital is a publicly traded buyout and mezzanine fund with capital resources of approximately $5.2 billion.  American Capital is an investor in and sponsor of management and employee buyouts, invests in private equity buyouts, and provides capital directly to private and small public companies.  American Capital provides senior debt, mezzanine debt and equity to fund growth, acquisitions and recapitalizations.&lt;/p&gt;&lt;p&gt;As of March 31, 2005, American Capital shareholders have enjoyed a total return of 311% since the Company's IPO -- an annualized return of 21%, assuming reinvestment of dividends.  American Capital has paid a total of $717 million in dividends and paid $16.76 dividends per share since its August 1997 IPO at $15 per share.&lt;/p&gt;&lt;p&gt;Companies interested in learning more about American Capital's flexible financing should contact Mark Opel, Senior Vice President, Business Development, at (800) 248-9340, or visit our website at &lt;a href="http://www.americancapital.com/" target="_blank" class="TTIplink"&gt;http://www.americancapital.com/&lt;/a&gt;.&lt;/p&gt;&lt;p&gt;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.&lt;/p&gt;&lt;p&gt;This press release contains forward-looking statements.  The statements regarding expected results of American Capital Strategies 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. &lt;/p&gt;&lt;datasource&gt;American Capital Strategies Ltd.&lt;/datasource&gt;
&lt;p&gt;CONTACT: Frank Do, Managing Director, +1-310-806-6280, Joshua Phillips,&lt;br&gt;&lt;/br&gt;Vice President, +1-310-806-6280, or Brian Maney, Director, Corporate&lt;br&gt;&lt;/br&gt;Communications, +1-301-951-6122, all of American Capital Strategies Ltd.&lt;/p&gt;
&lt;p&gt;Web site:  &lt;a href="http://www.americancapital.com/" target="_blank" class="TTIplink"&gt;http://www.americancapital.com/&lt;/a&gt; &lt;/p&gt;

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<datestamp>Friday, April 8, 11:21 AM</datestamp>
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