Press Release

Kohlberg Capital Corporation 2007 First Quarter Results Conference Call Scheduled for Friday, May 11, 2007

April 30, 2007 at 12:00 AM EDT

NEW YORK, Apr 30, 2007 (PrimeNewswire via COMTEX News Network) -- Kohlberg Capital Corporation (Nasdaq:KCAP) ("Kohlberg Capital") is scheduled to report financial results for the first quarter ended March 31, 2007 after close of Market on Thursday, May 10, 2007. On Friday, May 11, 2007 at 9:00 a.m. Eastern Standard Time, the Kohlberg Capital executive management team will host a conference call and audio webcast highlighting the Company's first quarter results. Shareholders, prospective shareholders and analysts are welcome to listen to the call or attend the webcast. The conference call dial-in number is 1-800-811-8824.

A live audio webcast of the conference call can be accessed via the Internet, on a listen-only basis on our Company's website in the Investor Relations section under Events. Please allow extra time, prior to the call, to visit the site and test your connection or download the necessary software to listen to the Internet broadcast. The online archive of the webcast will be available after 7pm ET for approximately 90 days. The replay dial in numbers are as follows: Replay telephone numbers: 1-888-203-1112 or 1-719-457-0820 Replay Passcode: 4199730

About Kohlberg Capital Corporation (KCAP):

Kohlberg Capital Corporation is a publicly traded, internally managed business development company ("BDC"). 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, which we acquired from affiliates of Kohlberg & Co., L.L.C. ("Kohlberg & Co."), manages collateralized debt obligation funds ("CDO Funds") which invest in broadly syndicated loans, high-yield bonds and other credit instruments.


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SOURCE: Kohlberg Capital

Kohlberg Capital Corporation
          Denise Rodriguez, Investor Relations
          (212) 455-8300

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