SOURCE: Apollo Investment Corporation

January 26, 2006 13:38 ET

Apollo Investment Corporation Schedules Third Fiscal Quarter Earnings Release for the Period Ended December 31, 2005

NEW YORK, NY -- (MARKET WIRE) -- January 26, 2006 -- Apollo Investment Corporation (NASDAQ: AINV) announced today that it will report third fiscal quarter earnings for the period ended December 31, 2005 on Tuesday, February 7, 2006 after the close of the financial markets.

The company will also host a conference call at 10:00 a.m. (Eastern Time) on Wednesday, February 8, 2006 to discuss its third fiscal quarter financial results. All interested parties are welcome to participate. You can access the conference call by dialing (888) 802-8577 approximately 5-10 minutes prior to the call. International callers should dial (973) 935-2981. All callers should reference "Apollo Investment Corporation." An archived replay of the call will be available through February 22, 2006 by calling (877) 519-4471. International callers please dial (973) 341-3080. For all replays, please reference pin # 6977969.

About Apollo Investment Corporation

Apollo Investment Corporation, or the Company, is a closed-end investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. The Company's investment portfolio is principally in middle-market private companies. The Company invests primarily in mezzanine loans and senior secured loans in furtherance of its business plan and also invests in the equity of portfolio companies. From time to time, the Company invests in public companies that are not thinly traded. Apollo Investment Corporation is managed by Apollo Investment Management, L.P., an affiliate of Apollo Management, L.P., a leading private equity investor.

Forward-Looking Statements

Statements included herein may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in our filings with the Securities and Exchange Commission. The Company undertakes no duty to update any forward-looking statements made herein.

Contact Information

    Richard L. Peteka
    Apollo Investment Corporation
    (212) 515-3488