Kohlberg Capital Corporation (KCAP) President and Chief Executive Officer to Ring the NASDAQ Stock Market Closing Bell

ADVISORY, Jan. 11, 2007 (PRIME NEWSWIRE) --

What: Dayl Pearson, President and Chief Executive Officer of Kohlberg Capital Corporation (KCAP) will preside over the closing bell to celebrate the Company's recent initial public offering on NASDAQ. Where: NASDAQ MarketSite - 4 Times Square - 43rd & Broadway - Broadcast Studio When: Friday, January 12, 2007 at 4 p.m. ET Contacts: Denise Rodriguez 212.455.8316 NASDAQ MarketSite: Jolene Libretto; 646.441.5220; 347.219.9539 Jolene.Libretto@NASDAQ.com

Feed Information:

The closing bell is available from 3:50 p.m. to 4:05 p.m. on uplink IA-6 C-band/transponder 17. The downlink frequency is 4040 Vertical; Audio 6.2-6.8. The feed can also be found on Waterfront fiber 1623. If you have any questions, please contact Jolene Libretto at (646) 441-5220.

Webcast:

A live Webcast of the NASDAQ Closing Bell will be available at: http://www.nasdaq.com/reference/marketsite_about.stm

Photos:

To obtain a hi-resolution photograph of the Market Close, please go to http://www.nasdaq.com/reference/marketsite_events.stm and click on the market close of your choice.

About Kohlberg Capital Corporation (KCAP):

Kohlberg Capital Corporation is a publicly traded, internally managed business development company ("BDC"). Our activities include middle market investment business which we conduct under the Kohlberg Capital name and asset management business of Katonah Debt Advisors ("KDA"), which we acquired from affiliates of Kohlberg & Co., L.L.C. ("Kohlberg & Co.").

Our middle market investment business originates, structures, finances and manages a portfolio of term loans, mezzanine investments and selected equity securities in middle market companies. Our wholly-owned portfolio company, Katonah Debt Advisors, manages collateralized debt obligation funds ("CDO Funds") which invest in broadly syndicated loans, high-yield bonds and other credit instruments.

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