SOURCE: Apollo Investment Corporation

May 12, 2008 14:00 ET

Apollo Investment Corporation Schedules Release of Fourth Fiscal Quarter and Fiscal 2008 Results

NEW YORK, NY--(Marketwire - May 12, 2008) - Apollo Investment Corporation (NASDAQ: AINV) announced today that it will report fourth quarter and fiscal year results for the periods ended March 31, 2008 on Wednesday, May 28, 2008 after the close of the financial markets.

The company will also host a conference call at 11:00 a.m. (Eastern Time) on Thursday, May 29, 2008 to discuss its results for the fourth quarter and fiscal year. All interested parties are welcome to participate. You can access the conference call by dialing (888) 802-8579 approximately 5-10 minutes prior to the call. International callers should dial (973) 633-6740. All callers should reference "Apollo Investment Corporation" or "conference ID # 45684793." An archived replay of the call will be available through June 12, 2008 by calling (800) 642-1687. International callers please dial (706) 645-9291. Please reference pin "conference ID # 45684793." In addition, you can access our audio webcast within the Investor Relations section of our website at An archived replay of the webcast will also be available on our website later that same day.

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 portfolio is principally invested in middle-market private companies. The Company invests primarily in mezzanine and senior secured loans and equity of portfolio companies in furtherance of its business plan. From time to time, the Company invests in public companies. 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