BlackRock Kelso Capital Corporation To Report First Quarter 2012 Earnings On May 3

BlackRock Kelso Capital Corporation (NASDAQ:BKCC) ("BlackRock Kelso Capital" or the "Company") announced today that it will report earnings for the first quarter 2012 on Thursday, May 3, 2012 prior to the opening of the financial markets.

BlackRock Kelso Capital invites all interested persons to attend its webcast/teleconference at 4:30 p.m. (Eastern Time) on Thursday, May 3, 2012 to discuss its first quarter 2012 financial results. The Company's first quarter earnings release will be available in the investor relations section of its website, www.blackrockkelso.com.

Members of the public who are interested in participating in the teleconference should dial, from the United States, (800) 374-0176, or from outside the United States, (706) 679-3431, shortly before 4:30 p.m. on Thursday, May 3, 2012 and reference the BlackRock Kelso Capital Conference Call (ID Number 59812267). A live, listen-only webcast will also be available via the investor relations section of www.blackrockkelso.com.

Both the teleconference and webcast will be available for replay by 6:00 p.m. on Thursday, May 3, 2012 and ending at midnight on Thursday, May 10, 2012. To access the replay of the teleconference, callers from the United States should dial (855) 859-2056 and callers from outside the United States should dial (404) 537-3406 and enter the Conference ID Number 59812267. To access the webcast, please visit the investor relations section of www.blackrockkelso.com.

About BlackRock Kelso Capital Corporation

Formed in 2005, BlackRock Kelso Capital Corporation is a business development company that provides debt and equity capital to middle-market companies.

Available Information

BlackRock Kelso Capital Corporation’s filings with the Securities and Exchange Commission, press releases, earnings releases and other financial information are available on its website at www.blackrockkelso.com.

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