MCG Capital Schedules First Quarter 2013 Earnings Investor Call for April 30, 2013

MCG Capital Corporation (Nasdaq: MCGC) (“MCG”) announced today that it will report first quarter financial results and will discuss MCG’s business outlook on Tuesday, April 30, 2013. MCG invites all interested persons to participate in its conference call at 10:00 a.m., Eastern Time. The dial-in number for the call is 877-312-8798. International callers should dial: 253-237-1193. Please dial in at least five minutes prior to the call to register. The call may also be accessed via an audio webcast available on the MCG website at http://investor.mcgcapital.com. Click on the April 30, 2013 Conference Call link to access the call. MCG plans to release its first quarter financial results in advance of the call.

A recording of the call will be available through May 14, 2013. The replay dial-in is 855-859-2056. International callers should dial 404-537-3406. The replay conference ID is 52856505. The replay will also be available via MCG’s website.

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 on our investments. 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.