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<SEC-DOCUMENT>0001010549-09-000523.txt : 20090724
<SEC-HEADER>0001010549-09-000523.hdr.sgml : 20090724
<ACCEPTANCE-DATETIME>20090724162632
ACCESSION NUMBER:		0001010549-09-000523
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20090724
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20090724
DATE AS OF CHANGE:		20090724

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CAPITAL SOUTHWEST CORP
		CENTRAL INDEX KEY:			0000017313
		IRS NUMBER:				751072796
		STATE OF INCORPORATION:			TX
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	814-00061
		FILM NUMBER:		09962677

	BUSINESS ADDRESS:	
		STREET 1:		12900 PRESTON RD STE 700
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75230
		BUSINESS PHONE:		9722338242

	MAIL ADDRESS:	
		STREET 1:		12900 PRESTON RD
		STREET 2:		SUITE 700
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75230
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>cswc8k072409.htm
<TEXT>
<html>
    <head>
        <title></title>
    </head>

    <body style="FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: 'Times New Roman'">
        <p></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 11.6pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center"></p>
        <hr style="BORDER-TOP: black 3px solid; BORDER-BOTTOM: black 1px solid; HEIGHT: 5px" color="white" noshade size="5">
        <br>
        <br>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center"><b><font style="FONT-SIZE: 11pt">UNITED STATES<br>
        SECURITIES AND EXCHANGE COMMISSION<br>
        Washington, D.C. 20549</font></b></p>

        <p></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 11.6pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center"><b><font style="FONT-SIZE: 11pt">FORM 8-K</font><br>
        <font style="FONT-SIZE: 11pt">CURRENT REPORT</font></b></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 8pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center"><b><font style="FONT-SIZE: 11pt">Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934</font></b></p>

        <p align="center"><font size="2">Date of Report (Date of earliest event reported)&nbsp;&nbsp; July 24, 2009</font>&nbsp;&nbsp;</p>

        <p style="MARGIN-TOP: 25pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left"></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center"></p>

        <p align="center"></p>

        <table cellspacing="0" cellpadding="0" width="100%" border="0">
            <tr>
                <td style="BORDER-BOTTOM: black 1px solid" colspan="3">
                    <p align="center"><strong><font size="5">Capital Southwest Corporation</font></strong></p>
                </td>
            </tr>

            <tr>
                <td width="100%" colspan="3">
                    <p align="center"><font size="2">(Exact name of registrant as specified in its charter)</font></p>
                </td>
            </tr>

            <tr>
                <td width="100%" colspan="3">&nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-BOTTOM: black 1px solid" width="313">
                    <p align="center"><font size="2">Texas</font></p>
                </td>

                <td style="BORDER-BOTTOM: black 1px solid" width="321">
                    <p align="center"><font size="2">811-1056</font></p>
                </td>

                <td style="BORDER-BOTTOM: black 1px solid" width="317">
                    <p align="center"><font size="2">75-1072796</font></p>
                </td>
            </tr>

            <tr>
                <td colspan="1">
                    <p align="center"><font size="2">(State or other jurisdiction</font></p>
                </td>

                <td width="321">
                    <p align="center"><font size="2">(Commission</font></p>
                </td>

                <td width="317">
                    <p align="center"><font size="2">&nbsp;(IRS Employer</font></p>
                </td>
            </tr>

            <tr>
                <td colspan="1">
                    <p align="center"><font size="2">of incorporation)</font></p>
                </td>

                <td width="321">
                    <p align="center"><font size="2">File Number)</font></p>
                </td>

                <td width="317">
                    <p align="center"><font size="2">Identification No.)</font></p>
                </td>
            </tr>

            <tr>
                <td width="100%" colspan="3">&nbsp;</td>
            </tr>

            <tr>
                <td style="BORDER-BOTTOM: black 1px solid" colspan="1">
                    <p align="center"><font size="2">12900 Preston Road, Suite 700, Dallas, Texas</font></p>
                </td>

                <td style="BORDER-BOTTOM: black 1px solid">&nbsp;</td>

                <td style="BORDER-BOTTOM: black 1px solid" width="317">
                    <p align="center"><font size="2">75230</font></p>
                </td>
            </tr>

            <tr>
                <td colspan="1">
                    <p align="center"><font size="2">(Address of principal executive offices)&nbsp;</font></p>
                </td>

                <td>
                </td>

                <td width="317">
                    <p align="center"><font size="2">&nbsp;(Zip Code)</font></p>
                </td>
            </tr>

            <tr>
                <td colspan="2">&nbsp;</td>

                <td width="317">
                </td>
            </tr>

            <tr>
                <td colspan="3">
                    <p align="center"><font size="2">Registrant&rsquo;s telephone number, including area code&nbsp;&nbsp;&nbsp; <u>972-233-8242</u></font></p>
                </td>
            </tr>
        </table>
        <br>
        <br>

        <p style="MARGIN-TOP: 12pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left"><font size="2">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions<font style="FONT-SIZE: 11pt">:</font></font></p>

        <p style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: justify; EEPStyleName: Para Just 10pt TNR" align="left">[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</p>

        <p style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: justify; EEPStyleName: Para Just 10pt TNR" align="left">[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</p>

        <p style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: justify; EEPStyleName: Para Just 10pt TNR" align="left">[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</p>

        <p style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: justify; EEPStyleName: Para Just 10pt TNR" align="left">[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</p>

        <div title="EE+ Page Break" style="FONT-SIZE: 1pt; PAGE-BREAK-AFTER: always; WIDTH: 100%; HEIGHT: 1px">
            <hr width="100%" color="#000000" size="2">
        </div>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center">&nbsp;</p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left"><b>Item 2.02 Results of Operations and Financial Condition.</b></p>

        <p></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="justify">On July 24, 2009, Capital Southwest Corporation (the &ldquo;Company&rdquo;) issued a press release reporting the net asset value of the Company at June 30, 2009. A copy of the press release is attached hereto as Exhibit 99.1. Pursuant to the rules and regulations of the Securities and Exchange Commission, such exhibit and the information set forth therein and herein shall not be deemed to
        be filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the &ldquo;Exchange Act&rdquo;), and shall not be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.</p>

        <p></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left"><b>Item 9.01.</b> &nbsp; <b>Financial Statements and Exhibits.</b> &nbsp;</p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">&nbsp;</p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left"></p>

        <table cellspacing="0" cellpadding="0" width="100%" border="0">
            <tr valign="bottom">
                <td align="left" colspan="3"><font face="Times New Roman" size="2"><strong>(a)</strong></font><font face="Times New Roman" size="2">&nbsp;</font><font face="Times New Roman" size="2">&nbsp;</font></td>

                <td align="left" width="900"><font face="Times New Roman" size="2">None.</font></td>

                <td align="left" width="1%"><font face="Times New Roman" size="2">&nbsp;</font></td>

                <td align="left" width="1%"><font face="Times New Roman" size="2">&nbsp;</font></td>
            </tr>

            <tr valign="bottom">
                <td align="left" colspan="3"><font face="Times New Roman" size="2"><strong>(b)</strong></font><font face="Times New Roman" size="2">&nbsp;</font><font face="Times New Roman" size="2">&nbsp;</font></td>

                <td align="left" width="900"><font face="Times New Roman" size="2">None.</font></td>

                <td align="left"><font face="Times New Roman" size="2">&nbsp;</font></td>

                <td align="left"><font face="Times New Roman" size="2">&nbsp;</font></td>
            </tr>

            <tr valign="bottom">
                <td align="left" colspan="3"><font face="Times New Roman" size="2"><strong>(c)</strong></font><font face="Times New Roman" size="2">&nbsp;</font><font face="Times New Roman" size="2">&nbsp;</font></td>

                <td align="left" width="900"><font face="Times New Roman" size="2">None.</font></td>

                <td align="left"><font face="Times New Roman" size="2">&nbsp;</font></td>

                <td align="left"><font face="Times New Roman" size="2">&nbsp;</font></td>
            </tr>

            <tr valign="bottom">
                <td align="left" colspan="3"><font face="Times New Roman" size="2"><strong>(d)</strong></font><font face="Times New Roman" size="2">&nbsp;</font><font face="Times New Roman" size="2">&nbsp;</font></td>

                <td align="left" width="900"><font face="Times New Roman" size="2">Exhibits</font></td>

                <td align="left"><font face="Times New Roman" size="2">&nbsp;</font></td>

                <td align="left"><font face="Times New Roman" size="2">&nbsp;</font></td>
            </tr>
        </table>
        <br>
        <br>


        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">&nbsp;</p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">&nbsp;</p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left"><a name="FIS_UNIDENTIFIED_TABLE"></a></p>

        <table style="FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: 'Times New Roman'" cellspacing="0" cellpadding="0" width="624" border="0">
            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: #000000 1.5pt solid" valign="bottom" width="108">
                    <p style="MARGIN: 0pt 0in; TEXT-INDENT: 0px" align="left"><b>Exhibit</b></p>

                    <p style="MARGIN: 0pt 0in; TEXT-INDENT: 0px" align="left"><b>Number</b></p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: #000000 1.5pt solid" valign="bottom" width="516">
                    <p style="MARGIN: 0pt 0in; TEXT-INDENT: 0px" align="left"><b>Description</b></p>
                </td>
            </tr>

            <tr>
                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="108">
                    <p style="MARGIN: 0pt 0in; TEXT-INDENT: 0px" align="left">99.1</p>

                    <p style="MARGIN: 0pt 0in; TEXT-INDENT: 0px" align="left">&nbsp;</p>
                </td>

                <td style="BORDER-RIGHT: medium none; BORDER-TOP: medium none; BORDER-LEFT: medium none; BORDER-BOTTOM: medium none" valign="top" width="516">
                    <p style="MARGIN: 0pt 0in; TEXT-INDENT: 0px" align="left">Press Release dated July 24, 2009.</p>

                    <p style="MARGIN: 0pt 0in; TEXT-INDENT: 0px" align="justify">&nbsp;</p>
                </td>
            </tr>
        </table>

        <p></p>

        <div title="EE+ Page Footer" style="MARGIN-TOP: 12pt">
            &nbsp;
        </div>
        <!-- PAGE BREAK  -->

        <div title="EE+ Page Break" style="FONT-SIZE: 1pt; PAGE-BREAK-AFTER: always; WIDTH: 100%; HEIGHT: 1px">
            <hr width="100%" color="#000000" noshade size="2">
        </div>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center"><b>SIGNATURES</b></p>

        <p></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 21px" align="justify">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 21px" align="justify">&nbsp;</p>

        <p align="justify"></p>

        <table cellspacing="0" cellpadding="0" width="100%" border="0">
            <tr valign="bottom">
                <td align="left" width="21%"><font face="Times New Roman" size="2">Dated:&nbsp; July 24, 2009</font></td>

                <td align="left" width="498"><font face="Times New Roman" size="2">&nbsp;</font></td>

                <td align="left" width="59"><font face="Times New Roman" size="2">&nbsp;</font></td>

                <td align="left" width="186">
                </td>

                <td align="left" width="3"><font face="Times New Roman" size="2">&nbsp;</font></td>

                <td align="left" width="1%"><font face="Times New Roman" size="2">&nbsp;</font></td>
            </tr>

            <tr valign="bottom">
                <td align="left">
                </td>

                <td align="left" width="498"><font face="Times New Roman" size="2">&nbsp;</font></td>

                <td align="left" width="59"><font face="Times New Roman" size="2">&nbsp;By:</font></td>

                <td style="BORDER-BOTTOM: black 1px solid" align="left" width="186"><font face="Times New Roman" size="2">/s/ Gary L. Martin</font></td>

                <td align="left" width="3"><font face="Times New Roman" size="2">&nbsp;</font></td>

                <td align="left"><font face="Times New Roman" size="2">&nbsp;</font></td>
            </tr>

            <tr valign="bottom">
                <td align="left">
                </td>

                <td align="left" width="498"><font face="Times New Roman" size="2">&nbsp;</font></td>

                <td align="left" width="59"><font face="Times New Roman" size="2">&nbsp;Name:</font></td>

                <td align="left" width="186"><font face="Times New Roman" size="2">Gary L. Martin</font></td>

                <td align="left" width="3"><font face="Times New Roman" size="2">&nbsp;</font></td>

                <td align="left"><font face="Times New Roman" size="2">&nbsp;</font></td>
            </tr>

            <tr valign="bottom">
                <td align="left">
                </td>

                <td align="left" width="498"><font face="Times New Roman" size="2">&nbsp;</font></td>

                <td align="left" width="59"><font face="Times New Roman" size="2">&nbsp;Title:</font></td>

                <td align="left" width="186"><font face="Times New Roman" size="2">Chairman and President</font></td>

                <td align="left" width="3"><font face="Times New Roman" size="2">&nbsp;</font></td>

                <td align="left"><font face="Times New Roman" size="2">&nbsp;</font></td>
            </tr>
        </table>
        <br>
        <br>

        <p></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left">&nbsp;</p>
    </body>
</html>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>cswc8kex991072409.htm
<DESCRIPTION>PRESS RELEASE
<TEXT>
<html>
    <head>
        <title></title>
    </head>

    <body style="FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: 'Times New Roman'">
        <p style="MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="left"><img src="cswc8kex9910724090001.jpg"></p>

        <p></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center"></p>
        <hr>
        <br>
        <br>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center"><b>CAPITAL SOUTHWEST CORPORATION ANNOUNCES</b> <b>6/30</b><b>/09 NET ASSET VALUE</b></p>

        <p></p>

        <p></p>

        <p align="justify"><b>DALLAS &ndash;</b> <b>July 24</b><b>, 2009</b> <b>&ndash;</b> Capital Southwest Corporation (NASDAQ: CSWC) today reported total net assets at June 30, 2009 of $424,337,993 equivalent to $113.41 per share. Comparative annual data is summarized below:</p>

        <p></p>

        <table style="FONT-SIZE: 10pt; MARGIN-LEFT: 0.4in; COLOR: black; FONT-FAMILY: 'Times New Roman'" cellspacing="0" cellpadding="0" width="600" border="0">
            <tr>
                <td style="PADDING-RIGHT: 0.07in; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; PADDING-TOP: 0in" valign="top" width="175">&nbsp;</td>

                <td style="PADDING-RIGHT: 0.07in; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; PADDING-TOP: 0in" valign="top" width="144">
                    <p style="MARGIN: 0pt 0.1in 0pt 0in; TEXT-INDENT: 0px" align="right"><u>June 30</u><u>, 2009</u></p>
                </td>

                <td style="PADDING-RIGHT: 0.07in; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; PADDING-TOP: 0in" valign="top" width="144">
                    <p style="MARGIN: 0pt 0.1in 0pt 0in; TEXT-INDENT: 0px" align="right"><u>June 30</u><u>, 2008</u></p>
                </td>
            </tr>

            <tr style="HEIGHT: 6.8pt">
                <td style="PADDING-RIGHT: 0.07in; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; PADDING-TOP: 0in" valign="top" width="175">&nbsp;</td>

                <td style="PADDING-RIGHT: 0.07in; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; PADDING-TOP: 0in" valign="top" width="144">&nbsp;</td>

                <td style="PADDING-RIGHT: 0.07in; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; PADDING-TOP: 0in" valign="top" width="144">&nbsp;</td>
            </tr>

            <tr bgcolor="#ccdbe3">
                <td style="PADDING-RIGHT: 0.07in; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; PADDING-TOP: 0in" valign="top" width="175">
                    <p style="MARGIN: 0pt 0.1in 0pt 0in; TEXT-INDENT: 0px" align="justify">Net assets</p>
                </td>

                <td style="PADDING-RIGHT: 0.07in; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; PADDING-TOP: 0in" valign="top" width="144">
                    <p style="MARGIN: 0pt 0.1in 0pt 0in; TEXT-INDENT: 0px" align="right">$424,337,993</p>
                </td>

                <td style="PADDING-RIGHT: 0.07in; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; PADDING-TOP: 0in" valign="top" width="144">
                    <p style="MARGIN: 0pt 0.1in 0pt 0in; TEXT-INDENT: 0px" align="right">$581,836,149</p>
                </td>
            </tr>

            <tr bgcolor="#ffffff">
                <td style="PADDING-RIGHT: 0.07in; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; PADDING-TOP: 0in" valign="top" width="175">&nbsp;</td>

                <td style="PADDING-RIGHT: 0.07in; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; PADDING-TOP: 0in" valign="top" width="144">&nbsp;</td>

                <td style="PADDING-RIGHT: 0.07in; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; PADDING-TOP: 0in" valign="top" width="144">&nbsp;</td>
            </tr>

            <tr bgcolor="#ccdbe3">
                <td style="PADDING-RIGHT: 0.07in; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; PADDING-TOP: 0in" valign="top" width="175">
                    <p style="MARGIN: 0pt 0.1in 0pt 0in; TEXT-INDENT: 0px" align="justify">Shares outstanding</p>
                </td>

                <td style="PADDING-RIGHT: 0.07in; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; PADDING-TOP: 0in" valign="top" width="144">
                    <p style="MARGIN: 0pt 0.1in 0pt 0in; TEXT-INDENT: 0px" align="right">3,741,638</p>
                </td>

                <td style="PADDING-RIGHT: 0.07in; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; PADDING-TOP: 0in" valign="top" width="144">
                    <p style="MARGIN: 0pt 0.1in 0pt 0in; TEXT-INDENT: 0px" align="right">3,882,666</p>
                </td>
            </tr>

            <tr bgcolor="#ffffff">
                <td style="PADDING-RIGHT: 0.07in; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; PADDING-TOP: 0in" valign="top" width="175">&nbsp;</td>

                <td style="PADDING-RIGHT: 0.07in; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; PADDING-TOP: 0in" valign="top" width="144">&nbsp;</td>

                <td style="PADDING-RIGHT: 0.07in; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; PADDING-TOP: 0in" valign="top" width="144">&nbsp;</td>
            </tr>

            <tr bgcolor="#ccdbe3">
                <td style="PADDING-RIGHT: 0.07in; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; PADDING-TOP: 0in" valign="top" width="175">
                    <p style="MARGIN: 0pt 0.1in 0pt 0in; TEXT-INDENT: 0px" align="justify">Net assets per share</p>
                </td>

                <td style="PADDING-RIGHT: 0.07in; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; PADDING-TOP: 0in" valign="top" width="144">
                    <p style="MARGIN: 0pt 0.1in 0pt 0in; TEXT-INDENT: 0px" align="right">$113.41</p>
                </td>

                <td style="PADDING-RIGHT: 0.07in; PADDING-LEFT: 0.07in; PADDING-BOTTOM: 0in; PADDING-TOP: 0in" valign="top" width="144">
                    <p style="MARGIN: 0pt 0.1in 0pt 0in; TEXT-INDENT: 0px" align="right">$149.85</p>
                </td>
            </tr>
        </table>

        <p></p>

        <p align="justify">Assuming reinvestment of all dividends and tax credits on retained long-term capital gains, the June 30, 2009 net asset value was 20.6% below the June 30, 2008 net asset value of $149.85 per share and 2.8% above the March 31, 2009 net asset value of $110.98 per share.</p>

        <p></p>

        <p></p>

        <p align="justify"><b><u>About Capital Southwest Corporation</u></b></p>

        <p align="justify">Capital Southwest is a Dallas-based business development company that provides patient equity capital to exceptional businesses. As a public company, Capital Southwest has the flexibility to hold investments indefinitely, which has provided its portfolio company managers a stable ownership platform since its founding in 1961. For more information about Capital Southwest, visit the company&rsquo;s website at www.capitalsouthwest.com.</p>

        <p></p>

        <p align="justify"><b><u>Forward Looking Statements</u></b></p>

        <p style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: justify; EEPStyleName: Para Just 10pt TNR" align="justify">This press release may contain historical information and forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 with respect to the business, financial condition and results of operations of the Company. The words "believe," "expect," "intend," "plan," "should" and similar expressions are intended
        to identify forward-looking statements. Such statements reflect the current views, assumptions and expectations of the Company with respect to future events and are subject to risks and uncertainties. Many factors could cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including, among others, changes in the markets in
        which the Company operates and in general economic and business conditions, competitive pressures, changes in business strategy and various other factors, both referenced and not referenced in this press release. Various risks and uncertainties may affect the Company and its results of operations, as described in reports filed by the Company with the Securities and Exchange Commission from time to time. The Company does not assume any obligation to update these forward-looking
        statements.</p>

        <p></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="justify"><b>Contact:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Gary L. Martin or Tracy L. Morris</b></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="justify"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;972-233-8242</b></p>

        <p></p>

        <p style="MARGIN-TOP: 0pt; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0in; TEXT-INDENT: 0px" align="center"><b>###</b></p>

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