SOURCE: BDC Capital, Inc.

July 21, 2005 23:00 ET

BDC Capital, Inc. Cancels Reverse Split

MINNEAPOLIS, MN -- (MARKET WIRE) -- July 21, 2005 -- BDC Capital, Inc. (OTC BB: BDCI) announced that it has cancelled its previously announced reverse split of its common stock. The company's board of directors voted unanimously to cancel the reverse split, stating that it is in the best interest of current shareholders to do so.

The board's decision was based on evaluation of current business developments in portfolio holdings, potential future growth in portfolio holdings and the continued strength of the common stock.

About BDC Capital, Inc.

BDC Capital, Inc., based in Burnsville, MN, is a Business Development Company under Section 54 of the Investment Company Act of 1940. BDC was established December 10, 2004, with the purpose of building an investment portfolio consisting of revenue generating assets and emerging companies well-positioned for future growth. The company's web site is at http://www.bdccapital.com/.

Any statements contained herein related to future events are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on forward-looking statements. BDC Capital, Inc. undertakes no obligation to update any such statements to reflect actual events.

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