Unitranche Fund LLC Announces First Deal - Invests $65 Million of Unitranche Debt in Leading Dental Instruments Company

Unitranche Fund LLC, co-managed by affiliates of GE Commercial Finance and Allied Capital, today announced the closing of its first new investment, a $65 million unitranche debt financing to support the buyout of Brasseler USA by private equity firm Carousel Capital Partners and the company’s Chief Executive Officer and other members of management. In addition to the Fund’s unitranche debt investment, GE Commercial Finance provided a $10 million revolving credit facility to Brasseler. Brasseler USA is the largest privately held direct marketer of dental and surgical instruments and related consumable supplies in the U.S. Brasseler sells its broad product line of over 24,000 SKUs directly to more than 64,000 dental practices, laboratories, schools and surgery centers across the U.S. and Canada. The $3.6 billion Unitranche Fund LLC was formed in December 2007 by affiliates of GE Commercial Finance and Allied Capital to deliver a reliable, single-source unitranche loan product to companies with EBITDA of $15 - $90 million. "We are pleased to work with Carousel Capital and Brasseler management to finance this transaction,” said Thomas Lauer, Managing Director of Allied Capital. "Brasseler USA is an ideal candidate for the Unitranche Fund, as it holds a market leading position in a growing industry and benefits from direct relationships with dentists that purchase consumable products on a recurring basis.” Mr. Lauer added, "We look forward to working with Don Waters, CEO and the Carousel team to support the continued growth of the business.” "We have enjoyed a robust pipeline of unitranche deal opportunities since the Fund was launched, and this first closing further validates the demand for the unitranche loan product as well as the value of the GE and Allied Capital partnership,” said John Volpe, Senior Managing Director of GE Commercial Finance, Global Sponsor Finance. Mike Grisius, Managing Director of Allied Capital added, "with our partners at GE, we have the ability and commitment to provide a reliable loan product to our private equity partners, which gives borrowers and sponsors greater certainty of execution in today’s uncertain loan markets.” About Unitranche Fund LLC Unitranche Fund LLC (the "Fund”) was formed in December 2007 by Allied Capital and GE Commercial Finance. The $3.6 billion Fund can invest up to $270 million for a single borrower, while Allied Capital and GE Commercial Finance will jointly underwrite amounts above that, up to $500 million in total debt financing. The Fund will retain a majority of each credit facility. The Fund targets investments in a wide range of industry sectors, including business services, healthcare, media, energy, aerospace and transportation. A unitranche loan blends senior and junior debt pricing and terms into a single first lien debt facility, and provides a simple, attractive alternative to traditional 1st lien/2nd lien structures. Borrowers benefit from simplified documentation through a single credit agreement, greater certainty of execution, and reduced decision-making complexity throughout the life of the loan. About GE Commercial Finance, Global Sponsor Finance With over $15 billion in assets, and offices in Boston, Chicago, Dallas, London, Los Angeles, New York, and San Francisco, GE Commercial Finance, Global Sponsor Finance represents a "one-stop” source for the comprehensive range of GE’s lending and other structured financial services offered to the private equity sponsor market. For more information, please visit www.gegsf.com. About GE Commercial Finance GE Commercial Finance, which offers businesses around the globe an array of financial products and services, has assets of approximately $300 billion and is headquartered in Norwalk, Connecticut. GE (NYSE: GE) is Imagination at Work – a diversified technology, media and financial services company focused on solving some of the world’s toughest problems. With products and services ranging from aircraft engines, power generation, water processing and security technology to medical imaging, business and consumer financing, media content and industrial products, GE serves customers in more than 100 countries and employs more than 300,000 people worldwide. For more information, visit the company’s website at www.ge.com. About Allied Capital Allied Capital (NYSE:ALD) is a leading business development company in the U.S. that invests private debt and equity capital in middle market businesses nationwide. Founded in 1958 and operating as a public company since 1960, Allied Capital is celebrating 50 years of investing in and supporting the U.S. entrepreneurial economy. Allied Capital provides long-term debt and equity capital for management and sponsor-led buyouts, and for recapitalizations, acquisitions and growth of middle market companies. Allied Capital’s one-stop financing capabilities include first and second lien senior loans, unitranche debt, junior or subordinated debt and equity. Allied Capital seeks to invest in stable, less cyclical companies that produce significant free cash flow and high returns on invested capital. At September 30, 2007, the Company’s private finance portfolio included investments in 110 companies that currently generate aggregate revenues of over $13 billion and employ more than 90,000 people. Headquartered in Washington, DC, Allied Capital offers shareholders the opportunity to participate in the private equity industry through an investment in its New York Stock Exchange-listed stock (NYSE:ALD). Allied Capital has paid consistent or increasing regular, quarterly cash dividends annually to shareholders since 1963. For more information, please visit www.alliedcapital.com, call Allied Capital investor relations toll-free at (888) 818-5298, or e-mail us at ir@alliedcapital.com. Forward-Looking Statements The information contained in this press release contains forward-looking statements. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. Certain factors could cause actual results and conditions to differ materially from those projected in these forward-looking statements.