ARLINGTON, Va., July 31 /PRNewswire-FirstCall/ -- MCG Capital Corporation (Nasdaq: MCGC), announced today that it will report second quarter 2008 financial results and will discuss MCG's business outlook on Thursday, August 7, 2008. MCG invites all interested persons to participate on its conference call at 10:00 a.m. ET. The dial-in number for the call is (877) 591-4951. International callers should dial (719) 325-4891. Please dial in at least five minutes prior to the call to register. The call and investor presentation may also be accessed via an audio webcast available on the MCG website at http://investor.mcgcapital.com. Click on the August 7, 2008, Conference Call link to access the call. The Company plans to release its second quarter financial results in advance of the call.

A recording of the call will be available through August 22, 2008. The replay dial-in is (888) 203-1112. International callers should dial (719) 457-0820. The replay pass code is 3170403. The replay will also be available via MCG's website.

    Conference Call:      August 7, 2008 at 10:00 a.m. ET
    Dial-in Number:      (877) 591-4951 domestic; (719) 325-4891 international
    Live Webcast/Replay:  http://investor.mcgcapital.com
    Call Replay:         (888) 203-1112 domestic; (719) 457-0820 international
    Replay Pass Code:     3170403

About MCG Capital Corporation

MCG Capital Corporation is a solutions-focused commercial finance company providing capital and advisory services to middle market companies throughout the United States. Our investment objective is to achieve current income and capital gains. Our capital is generally used by our portfolio companies to finance acquisitions, recapitalizations, buyouts, organic growth and working capital. For more information, please visit www.mcgcapital.com.

SOURCE MCG Capital Corporation