Release Details

EVANSTON, Ill., Feb. 6, 2012 (GLOBE NEWSWIRE) -- Fidus Investment Corporation (Nasdaq:FDUS) ("Fidus"), a business development company, today announced that it made new investments totaling $40.3 million during the three months ended December 31, 2011. During the same period, Fidus received repayments totaling $17.9 million on outstanding loans. 

Q4 2011 New Portfolio Investments:

• ACFP Management, Inc. — Fidus invested $7.4 million in subordinated debt in ACFP, doing business as Anthony's Coal Fired Pizza, a restaurant chain specializing in coal-fired pizza and Italian Soul Food with locations in Florida and the Northeast.
   
• Malabar International — Fidus invested $6.9 million in subordinated debt and preferred equity in Malabar, a supplier of ground support equipment for commercial and military aircraft.
   
• Trantech Radiator Products, Inc. — Fidus invested $9.7 million in subordinated debt and common equity in Trantech, a supplier of radiators to the North American power transmission and distribution industry.

Q4 2011 Existing Portfolio Company Activity:

• K2 Industrial Services, Inc. — Fidus refinanced its outstanding loan investment in K2 with $13.2 million of subordinated debt and preferred equity. K2 is a provider of industrial cleaning and coating services.
   
• Medsurant Holdings, LLC — Fidus invested $3.0 million in subordinated debt with warrants in Medsurant, a provider of intraoperative monitoring technology and services.

ABOUT FIDUS INVESTMENT CORPORATION

Fidus Investment Corporation provides customized mezzanine debt and equity financing solutions to lower middle market companies, which we generally define as U.S. based companies having revenues between $10.0 million and $150.0 million. Fidus's investment objective is to provide attractive risk-adjusted returns by generating both current income from our debt investments and capital appreciation from our equity related investments. Fidus seeks to partner with business owners, management teams and financial sponsors by providing customized financing for change of ownership transactions, recapitalizations, strategic acquisitions, business expansion and other growth initiatives.

FORWARD-LOOKING STATEMENTS

This press release may contain certain forward-looking statements. Any such statements, other than statements of historical fact, are likely to be affected by other unknowable future events and conditions, including elements of the future that are or are not under Fidus's control, and that Fidus may or may not have considered; accordingly, such statements cannot be guarantees or assurances of any aspect of future performance. Actual developments and results are highly likely to vary materially from these estimates and projections of the future as a result of a number of factors, including those described from time to time in Fidus's filings with the Securities and Exchange Commission. Such statements speak only as of the time when made, and Fidus undertakes no obligation to update any such statement now or in the future.

CONTACT: Edward H. Ross

         Chief Executive Officer

         847-859-3940