Release Details

Capital Southwest Corporation Declares Special Year-End Dividend

December 9, 2008
Capital Southwest Corporation Declares Special Year-End DividendDALLAS, Dec. 9, 2008 (GLOBE NEWSWIRE) -- The Board of Directors of Capital Southwest Corporation (Nasdaq:CSWC) declared a special year-end cash dividend in the amount of $2.16 per share of its common stock, which represents a distribution of its ordinary income for income tax purposes. This dividend is payable on December 26, 2008 to shareholders of record on December 19, 2008.

Capital Southwest Corporation 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 Capital Southwest Corporation

Capital Southwest is a Dallas-based business development company that provides patient equity capital to exceptional businesses. As a public company, Capital Southwest has the flexibility to hold investments indefinitely, which has provided its portfolio company managers a stable ownership platform since its founding in 1961. For more information about Capital Southwest, visit the company's website at www.capitalsouthwest.com.

Forward Looking Statements

This press release contains historical information and forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 with respect to the business, financial condition and results of operations of the Company. The words "believe," "expect," "intend," "plan," "should" and similar expressions are intended to identify forward-looking statements. Such statements reflect the current views, assumptions and expectations of the Company with respect to future events and are subject to risks and uncertainties. Many factors could cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including, among others, changes in the markets in which the Company operates and in general economic and business conditions, competitive pressures, changes in business strategy and various other factors, both referenced and not referenced in this press release. Various risks and uncertainties may affect the Company and its results of operations, as described in reports filed by the Company with the Securities and Exchange Commission from time to time. The Company does not assume any obligation to update these forward-looking statements.

Capital Southwest Corporation
Gary L. Martin
Tracy L. Morris
972-233-8242