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Capital Southwest Corporation Announces New Vice Presidents

 

DALLAS, June 11, 2010 (GLOBE NEWSWIRE) -- Capital Southwest Corporation (Nasdaq:CSWC) is pleased to announce that it has added two new Vice Presidents, Marquez Bela and Glenn Neblett, effective May 2010.

Mr. Bela joins Capital Southwest after having served in a variety of senior private equity and investment banking roles, most recently as Managing Member of Covalent Capital, a Dallas-based private equity firm focusing on early stage to mid-size companies. Prior to Covalent Capital, he was with SKM Growth Investors, an affiliate of Saunders Karp and Megrue, a $1.5 billion equity fund. Marquez earned a BBA degree in Finance in the Business Honors Program and a BA in the Plan II Honors Program from the University of Texas. Mr. Bela is focused on seeking fitting acquisitions for our wholly owned portfolio companies, as well as serving as a director on the boards of several portfolio companies.

Mr. Neblett comes to Capital Southwest from Houlihan Lokey, where he served for 10 years in the corporate finance and financial sponsors groups advising clients in mergers and acquisitions, private placements and restructurings. Glenn holds undergraduate and graduate degrees from Baylor University, and is a Chartered Financial Analyst and Certified Public Accountant. Mr. Neblett is concentrating on direct investment opportunities, and will serve as a director on the boards of multiple portfolio companies.

Gary Martin, Chairman and CEO of Capital Southwest Corporation, commented, "I am excited to see Capital Southwest's continued increase in outstanding personnel. The additions of Marquez and Glenn with their experience in the acquisitions arena, coupled with their financial backgrounds, will be tremendous assets to our strong and diverse investment team. They will be instrumental in continuing our positive results that our Company and its shareholders have come to expect."

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 may contain 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.

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

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